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    American Legion Way Morehead, KY 40351

    For Sale
    $550,000

    LAND - Morehead, KY

    Lot size:
    2.00 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 8 at 8:06 am

    Property Features for American Legion Way

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    044-00 00 076.04
    Lot size
    2.00 Acres

    Utilities

    Utilities
    Water Available

    United Real Estate Lexington KY (859) 396-6706 [email protected]

    Listing agent Michelle Emrick White (859) 800-7355

    Listing date Nov 5, 2025

    MLS# 25000219 Listing URL

    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

    Commercial Lot in Bustling Area

    This commercial lot is located in a bustling area of Morehead, Kentucky. The 2-acre property is pad-ready, offering possibilities for development. Located in Rowan County, this lot is positioned for investment and building opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Morehead
    County
    Rowan
    State
    Kentucky
    Longitude
    -83.474716
    Latitude
    38.199691

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    FAQs

    What type of property is this?
    Commercial land - Pad-ready commercial lot in a high-traffic Morehead location.
    Where is this commercial land located?
    The property is located at American Legion Way Morehead, KY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Prime commercial lot in a bustling area.; - Pad ready for immediate development.; - Rare opportunity in the Morehead area.
    (859) 800-7355
    Request Owner's contact information
    American Legion Way 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
    American Legion Way Morehead, KY 40351
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