Retail Development Outlot with Corner
For Lease
Contact for pricing
2489 Lakeway Drive, Russell Springs, KY 42642
Former Sonic outlot in Key Village Shopping Center with C-1 zoning and strong drive-by visibility for highway-oriented retailers.
Space Size47,959 SF
Lot Size1.10 Acres
Days on Market49
Property Features for 2489 Lakeway Drive
General Information
Standard status
Active
Size
47,959 SF
Lot size
1.10 Acres
Property subtype
VacantLand
Zoning
C-1
Site & Location
Traffic Count
11,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Spaces For Lease
at 2489 Lakeway Drive Contact us- Size
- 47,959 SF
- Type
- VacantLand
- Rate
- Contact for pricing
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
2489 Lakeway Drive - Lot 4
Listing Agency:
SVN | Stone Commercial Real Estate
Listed By:
Harrison Lane
Source:
Commercialcafe
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 12 at 5:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Stone Commercial Real Estate
Investment Insights
Based on property information with market context.
This offering provides 1.1 acres of retail development land in the Key Village Shopping Center, including an existing former Sonic building. The site is positioned for retail or service use under C-1 (highway-oriented commercial) zoning, and it presents an opportunity to revitalize the structure or pursue redevelopment.
The property benefits from corner frontage at the Lakeway Drive split, with visibility referenced for more than 11,000 vehicles per day. It is located in Russell Springs, Kentucky, in close proximity to Lake Cumberland and within an area that draws both residents and visitors throughout the year.
For tenants and operators, the combination of C-1 zoning and the site’s prominently positioned frontage supports a wide range of highway-oriented concepts, including retail, wholesale, and service-oriented businesses. Nearby corridor retailers referenced in the marketing materials include Kroger, McDonald’s, Advance Auto Parts, and Dairy Queen, underscoring the established commercial character of the area. The outlot is available for lease and sale.
The property benefits from corner frontage at the Lakeway Drive split, with visibility referenced for more than 11,000 vehicles per day. It is located in Russell Springs, Kentucky, in close proximity to Lake Cumberland and within an area that draws both residents and visitors throughout the year.
For tenants and operators, the combination of C-1 zoning and the site’s prominently positioned frontage supports a wide range of highway-oriented concepts, including retail, wholesale, and service-oriented businesses. Nearby corridor retailers referenced in the marketing materials include Kroger, McDonald’s, Advance Auto Parts, and Dairy Queen, underscoring the established commercial character of the area. The outlot is available for lease and sale.
Key Highlights
- 1.1 acres of retail development land in Key Village Shopping Center at 2489 Lakeway Drive, Russell Springs, KY
- Former Sonic outlot with frontage at the US 127 and Lakeway Drive split
- Excellent drive‑by visibility with traffic of over 11,000 vehicles per day
Property Analytics
Property Profile
Current Use
Lease Details
11,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Explore this area
Business Placement
Demographics for 42642, KY
12,939
Population
6,453
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
140.2 sq mi
ZIP Area
92
Density / Sq Mi
$54,100
Median Household Income
$36,281
Median Earnings
$686
Median Rent
$138,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Former Sonic outlot in Key Village Shopping Center with C-1 zoning and strong drive-by visibility for highway-oriented retailers.
Where is this commercial land located?
The property is located at 2489 Lakeway Drive Russell Springs, KY.
What are key features of this property?
This property features: 1.1 acres of retail development land in Key Village Shopping Center at 2489 Lakeway Drive, Russell Springs, KY; Former Sonic outlot with frontage at the US 127 and Lakeway Drive split; Excellent drive‑by visibility with traffic of over 11,000 vehicles per day
