2489 Lakeway Dr Russell Springs, KY 42642
- Commercial real estate
- 1.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2489 Lakeway Dr
- Lot size
- 1.10 lot acres
- Property type
- Commercial real estate
Description
This 1.1-acre commercial land parcel, located at 2489 Lakeway Drive in Russell Springs, Kentucky (zip code 42642), presents a unique redevelopment or revitalization opportunity. Situated in the Key Village Shopping Center, this property boasts excellent visibility at the intersection of US 127 and Lakeway Drive, experiencing over 11,000 vehicles per day. The flexible C-1 zoning (highway-oriented commercial) allows for a wide range of retail, wholesale, and service-oriented businesses. The property's previous use as a Sonic Drive-In further enhances its potential. This prime location benefits from proximity to established businesses such as Kroger, McDonald's, Advance Auto Parts, and Dairy Queen, indicating a strong retail corridor. The property is available for sale at $600,000 and is also available for lease. This outlot offers significant potential for investors and businesses seeking a high-traffic location in a thriving retail area. The property is zoned for highway-oriented commercial use, providing flexibility for various business types. This is an exceptional opportunity to capitalize on the high visibility and established commercial presence in this key location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Russell Springs
- County
- Russell
- State
- Kentucky
- Longitude
- -85.0724936
- Latitude
- 37.0687826
