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    Diederich Blvd Russell, KY 41169

    For Sale
    $750,000

    Prime Commercial Land, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7.85-acre commercial land parcel presents a unique investment opportunity in Russell, Kentucky. Located at the corner of Ashland Avenue and Diederich Boulevard, this property boasts unparalleled visibility and accessibility. Its strategic position within a thriving commercial hub places it in close proximity to major retailers such as Kroger, Lowe's, and Hobby Lobby, as well as numerous restaurants, banks, and medical facilities. The high traffic count ensures significant exposure for any business development. The property's size offers ample space for a variety of commercial ventures, from retail establishments to office complexes or other suitable developments. The asking price for this remarkable property is $750,000. This prime location in Greenup County, Kentucky, zip code 41169, offers a rare chance to establish a strong presence in a bustling and growing community. The coordinates are 38.5045345 latitude and -82.6938022 longitude. Don't miss this opportunity to secure a prominent position in a high-demand commercial area. This is a truly exceptional opportunity for investors seeking a high-impact commercial property.

    Property Features for 0 Diederich Blvd

    General Information

    Property type
    Land
    Lot Size
    341,946 SF

    HighLights

    • $750,000 asking price.
    • 7.85‑acre commercial land parcel.
    • Located in Russell, KY, at the corner of Ashland Avenue and Diederich Blvd.
    • High‑traffic location near Kroger, Lowe's, Hobby Lobby, restaurants, banks, and medical facilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Russell
    County
    Greenup
    State
    Kentucky
    Longitude
    -82.6938022
    Latitude
    38.5045345

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High-Traffic Location
    Where is this land located?
    The property is located at Diederich Blvd Russell, KY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price.; 7.85-acre commercial land parcel.; Located in Russell, KY, at the corner of Ashland Avenue and Diederich Blvd.
    Request Owner's contact information
    Diederich Blvd Russell, KY 41169
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Diederich Blvd Russell, KY 41169
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