Commercial Land with Highway
For Sale
$1,000,000
1 Old Phelps Lane, Morehead, KY 40351
Land, Morehead, KY
Property SizeContact for details
Lot Size1.00 Acre
Days on Market179
Property Features for 1 Old Phelps Lane
General Information
Property type
Land
Property subtype
Other
Zoning description
No zoning - recommended commercial
Subdivision
Rural
Directions
KY 801 North to Old Phelps Lane, Morehead, KY
Standard status
Active
APN
012-00 00 040.01
Lot size
1.00 Acre
Utilities
Utilities
Water Available
Listing Agency:
C Roger Lewis Agency
Listed By:
Damon M Ballinger · License #201292
(606) 784-4168
Added: Apr 15
Changed: Sep 12
Last Checked: Oct 10 at 6:06AM
MLS# 26007928
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land offering includes 3 available lots, each measuring 1 acre. The acreage has been filled, and water is available for the site.
The property sits next to I-64 and provides 550 feet of total frontage along KY 801 North. Access is available from Old Phelps Lane, connecting the land to the surrounding roadway network.
The property sits next to I-64 and provides 550 feet of total frontage along KY 801 North. Access is available from Old Phelps Lane, connecting the land to the surrounding roadway network.
Key Highlights
- 3 commercial lots available, each measuring 1 acre
- 550' total frontage on KY 801 North
- Located next to I‑64
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Explore this area
Business Placement
Demographics for 40351, KY
22,305
Population
9,497
Households
2.3
Avg Household Size
33
Median Age
27%
College-Educated
88%
High-School Grad
268.2 sq mi
ZIP Area
83
Density / Sq Mi
$51,110
Median Household Income
$26,278
Median Earnings
$775
Median Rent
$163,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with water availability and access from Old Phelps Lane.
Where is this commercial land located?
The property is located at 1 Old Phelps Lane Morehead, KY.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 3 commercial lots available, each measuring 1 acre; 550' total frontage on KY 801 North; Located next to I‑64
