1749 Russell Cave Rd - Residential LAND FOR SALE


Lexington, KY 40511 60,984 SF
$250,000 USD
859-264-0888
1749 Russell Cave Rd, Lexington, KY for Sale
$250,000 USD
Residential LAND - FOR SALE
1/6
60,984 SF

1749 Russell Cave Rd
Lexington, KY 40511


OVERVIEW

SVN Stone Commercial Real Estate is pleased to present a prime residential development opportunity in Lexington, Kentucky. These 7 parcels combined add up to just over 1.4 acres, with each lot being 40 feet wide and zoned R-1E. 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 property offers an excellent opportunity to meet Lexington’s growing demand for housing bieng Zoned R-1E with utilities available. 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 SALE DETAILS

PRICE

$250,000 USD

PRICE/ACRE

$178,571/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

1.4 AC

LAND SF

60,984 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-1E

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Travis RoseSVN | Stone Commercial Real EstateMore Info
859-264-0888

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Travis RoseSVN | Stone Commercial Real EstateMore Info
859-264-0888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.