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    2703 Ky Highway 801, Unit 10 Morehead, KY 40351

    For Sale
    $500,000

    LAND - Morehead, KY

    Lot size:
    1.00 Acre
    Days on Market:
    62
    Last Refresh:
    Dec 8 at 1:06 am

    Property Features for 2703 Ky Highway 801

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    012-00 00 018.00
    Lot size
    1.00 Acre

    Utilities

    Utilities
    Water Available

    SimpliHOM (859) 509-8401

    Listing agent Tamara Hurst (859) 509-8401

    Listing date Oct 8, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land I-64 Corridor

    This commercial land is located along the I-64 corridor, situated in one of the fastest-growing intersections in Kentucky. The lot is suitable for various businesses, including retail, restaurants, coffee shops, car rentals, and healthcare facilities. Convenient access to I-64 provides excellent visibility and accessibility for customers and clients. The property is located within a thriving community, near local amenities, Cave Run Lake, AppHarvest, American Stave Company, Rowan County Airport, the future Eastern Light Distillery Expansion (2025), Morehead State University, a future county park, and residential areas. Long-term leasing options are available for this 1-acre lot.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store HVAC Service Convenience Store Smoke and Vape Shop Shopping Mall

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morehead
    County
    Rowan
    State
    Kentucky
    Longitude
    -83.556855
    Latitude
    38.177453

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    FAQs

    What type of property is this?
    Commercial land - Commercial land along I-64 corridor, ideal for various businesses.
    Where is this commercial land located?
    The property is located at 2703 Ky Highway 801, Unit 10 Morehead, KY.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Prime commercial lot with **high visibility and accessibility along the I-64 corridor.**; - Located in one of the fastest growing intersections in Kentucky.; - Versatile lot suitable for retail, restaurants, healthcare, and other businesses.
    (859) 509-8401
    Request Owner's contact information
    2703 Ky Highway 801, Unit 10 Morehead, KY 40351
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    Morehead, KY 40351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2703 Ky Highway 801, Unit 10 Morehead, KY 40351
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