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227 Russell Rd 0.54 Acres of Commercial Land Offered at $575,000 in Ashland, KY 41101

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Investment Highlights

Highly visible site with an average daily traffic count of approximately 28,019 vehicles.
Positioned in a dominant retail corridor anchored by Kroger, Lowe’s, Hobby Lobby, and Dunham’s Sports.
Close proximity to downtown Ashland (2 miles) and major regional routes with I-64 just 5 miles away.

Two convenient access points off Russell Road for optimized accessibility.
Surrounded by strong-performing national quick-service brands such as Taco Bell, KFC, Wendy’s, and McDonald’s.

Executive Summary

Rare front row opportunity in a competitive trade area Average daily traffic count of +/-28,019 VPD in front of the site Highly visible site with two access points off Russell Road Prominently located within a dominant retail trade area anchored by Kroger, Lowe’s, Hobby Lobby, and Dunham’s Sports, alongside top-performing national retailers including Taco Bell, KFC, Wendy’s, and McDonald’s. Close proximity to downtown Ashland (2 miles) and I-64 (5 miles)

Brochure

Property Facts

Price	$575,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Fast Food Restaurant
No. Lots	1	Total Lot Size	0.54 AC
Property Type	Land

Price	$575,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Fast Food Restaurant
Total Lot Size	0.54 AC

1 Lot Available

Lot

Price	$575,000	Lot Size	0.54 AC
Price Per AC	$1,064,814.81

Price	$575,000
Price Per AC	$1,064,814.81
Lot Size	0.54 AC

Description

This ±0.54-acre retail pad site is positioned in a prime Ashland trade corridor and presents exceptional development potential for investors or owner-users. The property benefits from a rare frontage location along Russell Road with impressive visibility and two convenient access points, creating excellent ingress and egress options for future retail or commercial users. With average daily traffic counts of approximately 28,019 vehicles passing the site, businesses here will gain significant exposure to a strong regional consumer base. Situated within a dominant retail hub, the site is surrounded by major anchors such as Kroger, Lowe’s, Hobby Lobby, and Dunham’s Sports, in addition to national quick-service brands including Taco Bell, KFC, Wendy’s, and McDonald’s. This densely clustered retail corridor ensures an ongoing flow of customers, supporting multiple retail or restaurant concepts. The property is only 2 miles from downtown Ashland, providing quick access to the city’s core amenities, and less than 5 miles from Interstate 64, enhancing connectivity to the broader Tri-State area. This combination of traffic, accessibility, and retail synergy makes 227 Russell Road an attractive location for new retail development or service-oriented businesses.

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