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    73 Key Village Rd Russell Springs, KY 42642

    For Sale
    $450,000

    Prime 1.12-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.12-acre commercial land parcel presents a unique investment opportunity in the thriving Key Village Shopping Center, located in Russell Springs, Kentucky. Situated at 73 Key Village Road, this property enjoys unparalleled visibility from US 127, a major thoroughfare boasting over 11,000 vehicles per day, ensuring significant exposure for any development. The flexible C-1 (Highway Oriented Commercial) zoning allows for a wide range of retail, wholesale, and service-oriented businesses, providing considerable versatility for potential buyers. The property's location within the established Key Village Shopping Center offers immediate access to existing infrastructure and a built-in customer base. This outlot is available for sale at an asking price of $450,000, presenting a compelling opportunity to capitalize on the high traffic volume and strong commercial potential of this desirable location in Russell County, Kentucky, zip code 42642. The property's address is precisely 73 Key Village Road, Russell Springs, KY 42642. This is a rare chance to acquire a highly visible and versatile commercial lot in a growing Kentucky market.

    Property Features for 73 Key Village Rd

    General Information

    Property type
    Land
    Lot Size
    48,787 SF

    HighLights

    • High‑visibility Key Village Shopping Center outparcel.
    • Excellent US‑127 frontage.
    • Over 11,000 square feet of buildable area.
    • Flexible C‑1 zoning.
    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 1.12-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 73 Key Village Rd Russell Springs, KY.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: High-visibility Key Village Shopping Center outparcel.; Excellent US-127 frontage.; Over 11,000 square feet of buildable area.
    Request Owner's contact information
    73 Key Village Rd 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
    73 Key Village Rd Russell Springs, KY 42642
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