Log In/Sign Up
Your email has been sent.
1749 Russell Cave Rd 1.4 Acres of Residential Land Offered at $250,000 in Lexington, KY 40511
Executive Summary
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.
Property Facts
| Price | $250,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 1.40 AC |
| Zoning | R-1E | ||
| Price | $250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.40 AC |
| Zoning | R-1E |
1 Lot Available
Lot
| Price | $250,000 | Lot Size | 1.40 AC |
| Price Per AC | $178,571.43 |
| Price | $250,000 |
| Price Per AC | $178,571.43 |
| Lot Size | 1.40 AC |
- Two 40 foot lots $50,000 each, road and utilities at the property line - Five undeveloped lots, road and utilities need to be ran to the lots, ($150,000 totalfor all five) - All 7 lots are zoned R-1E, (All 7 are 40 foot lots) (Total Cost $250,000)
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1749 Russell Cave Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.