Prime Commercial Land
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 Market141
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
(606) 784-4168
Listed By:
Damon M Ballinger · License #201292
(606) 784-4168
Added: Apr 15
Last Checked: Sep 2 at 3:06AM
MLS# 26007928
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Investment Insights
Based on property information with market context.
This commercial land offers acreage with frontage on KY 801 North. The property consists of 1-acre lots, with three lots available. The acreage has been filled and features access off Old Phelps Lane. It is positioned near I-64, making it suitable for various commercial uses such as a restaurant or hotel.
Key Highlights
- Prime Acreage Location: Situated next to I‑64 with 550' frontage on KY 801 North.
- Development Potential: Ideal for restaurant, hotel, and various commercial uses.
- Multiple Lots Available: Three 1‑acre lots available.
Property Analytics
Property Profile
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Acreage near I-64, ideal for restaurant, hotel, and more.
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: Prime Acreage Location: Situated next to I‑64 with **550' frontage on KY 801 North**.; Development Potential: Ideal for restaurant, hotel, and various commercial uses.; Multiple Lots Available: Three 1‑acre lots available.
