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    35 Key Village Rd Russell Springs, KY 42642

    For Sale
    $525,000

    Prime 1.6-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This 1.611-acre commercial land parcel, located at 35 Key Village Road in Russell Springs, Kentucky (zip code 42642), presents a unique investment opportunity. Situated within the Key Village Shopping Center, this property boasts exceptional visibility due to its extensive frontage on US Highway 127, a major thoroughfare experiencing over 11,000 vehicles per day. The flexible C-1 (Highway Oriented Commercial) zoning allows for a wide range of retail, wholesale, and service-oriented businesses. This outlot is ideally positioned for businesses seeking high traffic exposure and easy accessibility. The property is available for sale at an asking price of $525,000. Its location in Russell County, Kentucky, offers a strong foundation for growth and development. The substantial daily traffic count on US 127 ensures significant potential for customer reach and business success. This is an exceptional opportunity to acquire a strategically located commercial property with high visibility and flexible zoning options. Serious inquiries are encouraged.

    Property Features for 35 Key Village Rd

    General Information

    Property type
    Land
    Lot Size
    70,175 SF

    HighLights

    • Key Village Shopping Center outlot.
    • Excellent visibility on US Highway 127, over 11,000 vehicles per day.
    • Flexible C‑1 (Highway Oriented Commercial) zoning.
    • Asking price: $525,000.
    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

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    FAQs

    What type of property is this?
    Land - Prime 1.6-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 35 Key Village Rd Russell Springs, KY.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Key Village Shopping Center outlot.; Excellent visibility on US Highway 127, over 11,000 vehicles per day.; Flexible C-1 (Highway Oriented Commercial) zoning.
    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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