2489 Lakeway Dr, Russell Springs, KY 42642
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.