Commercial Land with Road
For Sale
$889,000
200 Old Phelps Lane, Morehead, KY 40351
Land, Morehead, KY
Property SizeContact for details
Lot Size6.50 Acres
Days on Market369
Property Features for 200 Old Phelps Lane
General Information
Property type
Land
Property subtype
Other
Zoning
R-1T
Zoning description
Flexible
Subdivision
Rural
Lot features
Irregular Lot, Wooded, Gentle Sloping
Directions
Off of I64, Take Exit 133. Turn left off the exit ramp and take the first right onto Old Phelps Road. Property is on the left (partially cleared and partially wooded
Standard status
Active
APN
019-0000003.00
Lot size
6.50 Acres
Utilities
Utilities
Water Available
Listing Agency:
SimpliHOM
(859) 509-8401
Listed By:
Tamara Hurst · License #272958
(502) 229-3378
Added: Sep 12, 2025
Changed: Sep 7
Last Checked: Sep 15 at 6:06AM
MLS# 25501216
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 6.5-acre commercial land parcel is partially cleared and positioned for excavation and further site development. The property carries R-1T zoning and includes water availability, providing an existing utility resource for planning purposes. More than 400 feet of road frontage offers substantial street exposure, while the site’s location near I-64 Exit 133 supports regional access.
The parcel is located at 200 Old Phelps Lane in Morehead, Rowan County, Kentucky. Nearby points of interest identified for the area include AppHarvest Greenhouse, Rowan County Airport, the National Guard Readiness Center, Maysville Community College, Cave Run Lake, and Daniel Boone National Forest. The owners may consider subdivision, subject to terms and applicable requirements.
The parcel is located at 200 Old Phelps Lane in Morehead, Rowan County, Kentucky. Nearby points of interest identified for the area include AppHarvest Greenhouse, Rowan County Airport, the National Guard Readiness Center, Maysville Community College, Cave Run Lake, and Daniel Boone National Forest. The owners may consider subdivision, subject to terms and applicable requirements.
Key Highlights
- 6.5‑acre commercial land parcel
- R‑1T zoning
- Over 400 feet of road frontage
Property Analytics
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Open Analytics
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 - Partially cleared commercial site with water available near I-64 and room for future site preparation.
Where is this commercial land located?
The property is located at 200 Old Phelps Lane Morehead, KY.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: 6.5‑acre commercial land parcel; R‑1T zoning; Over 400 feet of road frontage
