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1749 Russel Cave Road
Lexington, KY 40505

$1,100,000 USD

Land For Sale  •  4 AC

Property Details

  • Property Type Land
  • Lot Size 4 AC
  • Zoning R-1E
20 Transit Score
30 Walk Score

Description

SVN Stone Commercial Real Estate is pleased to present a prime residential development opportunity in Lexington, Kentucky. This 4-acre parcel, located at 1749 Russell Cave Road, is zoned R-1E with all utilities available on site. Strategically positioned between Newtown Pike and Russell Cave Road, a major thoroughfare with high traffic volume, the property is surrounded by established residential and commercial developments. With the city's planned extension of Citation Boulevard to connect with Russell Cave Road, the site stands to benefit significantly from improved access and visibility. This fantastic apartment site with utilities subject to rezone offers an excellent opportunity to
meet Lexington’s growing demand for housing.  According to the Kentucky Housing Corporation, Fayette County currently faces a shortage of 22,589 housing units. This development can play a key role in addressing that critical need.

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Public Transportation

AirportDriveWalkDistance
Blue Grass 19 min - 11.4 mi
Travis Rose 859-264-0888 SVN | Stone Commercial Real Estate
Travis Rose 859-264-0888 SVN | Stone Commercial Real Estate