67. Clay Waller on Spotting Hidden Opportunities in Real Estate and the Challenges of Development in Lexington

In this episode of DevelopLex, we sit down with Clay Waller, a Lexington-based real estate investor and developer, to talk about his journey into the industry - one that started with a trial by fire. When his grandfather suddenly handed him the reins to a struggling business, Clay had to learn fast. Today, he’s built a thriving portfolio spanning residential and commercial properties, including some of Lexington’s most notable redevelopments on the North Side.From navigating the challenges of zoning laws to bringing one of Popeyes’ top-performing locations to town, Clay shares how he spots opportunity where others see obstacles. He also dives into the importance of flex space in commercial real estate, how Lexington’s north side is primed for growth, and what city leaders can do to make development easier.If you’re interested in real estate investing, Lexington’s economic future, or the mindset needed to seize opportunities, this episode is for you.Hosted by Weston LockhartDevelopLex is proud to be supported by:SVN Stone Commercial Real EstateCommunity Trust BankCraftsman Contractors