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Level Buildable Commercial Land
For Sale
$2,500,000

2550 KY 801 N, Morehead, KY 40351

LAND - Morehead, KY

Property SizeContact for details
Lot Size21.38 Acres
Days on Market711

Property Features for 2550 KY 801 N

General Information

Property type Land
Property subtype Other
Zoning description No zoning
Subdivision Rural
Directions I-64 to Famers/Sharkey Exit. south on KY 801.
Standard status Active
APN 012-00 00 016.00
Lot size 21.38 Acres

Utilities

Utilities Water Available
Listing Agency: C Roger Lewis Agency
Listed By: Mark Lewis · License #175630
Added: Oct 1, 2024 Changed: Apr 20 Last Checked: Sep 11 at 11:06AM
MLS# 24021132

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 offering consists of buildable commercial land that is partially wooded yet described as level. The property is positioned for commercial development along the KY 801 corridor.

The location is described as being within sight of I-64 and the Farmers/Sharkey exit, on the direct route to Cave Run Lake Recreation Area. The surrounding area noted in the remarks includes a mix of retail, services, industrial and institutional uses, with several established businesses and developments within a three-mile radius.

An adjoining 73-acre tract is also mentioned as available, which may provide additional land area for larger-scale development planning.

Key Highlights

  • Land is level and buildable, with partial woodland on the property.
  • Water is available.
  • In sight of I‑64 near the Farmers/Sharkey exit.

Property Analytics

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Current Use

Commercial land

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Partially wooded, level and buildable acreage located near I-64 at the Farmers/Sharkey exit corridor.
Where is this commercial land located?
The property is located at 2550 KY 801 N Morehead, KY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Land is level and buildable, with partial woodland on the property.; Water is available.; In sight of I‑64 near the Farmers/Sharkey exit.
More about this property
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