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    FOR SALE
    Commercial land

    2489 Lakeway Dr, Russell Springs, KY 42642

    Property ID
    US34-1804499
    Property summary
    AI-generated overview

    SVN Stone Commercial Real Estate is pleased to bring to market 1.1 acres of retail development land available in the Key Village Shopping Center in Russell Springs, KY. 2489 Lakeway Drive utilizes great frontage at the US 127 and Lakeway Drive split. The former Sonic boasts excellent visibility for over 11,000 vehicles per day. The flexible C-1 zoning (highway-oriented commercial) allows for numerous types of retail, wholesale, and service-oriented businesses. This is a strong opportunity to revitalize the building or redevelop it. Join the notable list of retailers in this corridor, such as Kroger, McDonalds (522/12,323 nationwide according to PlacerAI), Advance Auto Parts (1,193/3,658), Dairy Queen (330/3,831), and more! This outlot is FOR SALE as well as FOR LEASE. For more information, contact Harrison Lane at 859.537.1051 // harrison.lane@ svn.com.

    Property profile
    Verified
    Property type Commercial land
    UPID US34-1804499
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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