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    35 Key Village Rd Russell Springs, KY 42642

    For Lease
    Contact for pricing

    1.61 Acres, High-Traffic Location, C-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.61-acre commercial land parcel presents a prime retail development opportunity in the thriving Key Village Shopping Center, situated at 35 Key Village Road in Russell Springs, Kentucky, zip code 42642. Boasting excellent visibility and high traffic counts exceeding 11,000 vehicles daily, this property offers significant potential for a variety of businesses. The strategic location along US 127 ensures maximum exposure to a substantial customer base. The property is zoned C-1 (Highway Oriented Commercial), providing flexibility for a wide range of retail, wholesale, and service-oriented uses. This single-tenant outlot presents a unique chance to establish a strong presence in a growing market. The property's size and zoning make it ideal for a variety of commercial developments, catering to the needs of both local residents and travelers. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a desirable Kentucky market. The property is available for both sale and lease. Detailed information regarding the terms of sale and lease are available upon request. This is an exceptional opportunity for investors and developers seeking a high-impact commercial investment in a dynamic location.

    Property Features for 35 Key Village Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • High‑visibility outlot at Key Village Shopping Center, US 127.
    • Over 11,000 square feet of available space.
    • Flexible C‑1 zoning allows for diverse uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Russell Springs
    County
    Russell
    State
    Kentucky
    Longitude
    -85.073003
    Latitude
    37.0699391

    Nearby Comparable

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    Nearby Similar for Lease

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      Retail Property in Russell Springs

      Retail property available for lease in Russell Springs, Kentucky.
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    FAQs

    What type of property is this?
    Land - 1.61 Acres, High-Traffic Location, C-1 Zoning
    Where is this land located?
    The property is located at 35 Key Village Rd Russell Springs, KY.
    What are key features of this property?
    This property features: High-visibility outlot at Key Village Shopping Center, US 127.; Over 11,000 square feet of available space.; Flexible C-1 zoning allows for diverse uses.
    Request Owner's contact information
    35 Key Village Rd Russell Springs, KY 42642
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    Russell Springs, KY 42642
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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
    35 Key Village Rd Russell Springs, KY 42642
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