1749 Russell Cave Rd, Lexington, KY 40505

$250,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$250,000
MLS#
26015331
Status
ACTIVE
Type
Land
Subtype
Unimproved Land
Lot Size
60,984

Property Description

Stone 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. Please call Travis Rose at 859-806-1591 or Email travis.rose@svn.com for more information or to see the property.

Additional Information

Zoning
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Stone Real Estate.