SVN Stone Commercial Real Estate is pleased to present a prime residential development opportunity in Lexington, Kentucky. This 19.3-acre parcel, located at 1749 Russell Cave Road, is zoned R-1E with all utilities available on site and is ready for development.
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 shovel-ready property offers an excellent opportunity to meet Lexington’s growing demand for housing. Fully entitled and zoned R-1E, the site is ready for immediate construction.
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.
For more information please contact Travis Rose, MBA at travis.rose@svn.com // (859) 806-1591
Travis Rose
SVN | Stone Commercial Real Estate
