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    Porter Rd Morehead, KY 40351

    For Sale
    $42,000

    LAND - Morehead, KY

    Lot size:
    3.92 Acres
    Days on Market:
    56
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for Porter Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    137-00 00 051.00
    Lot size
    3.92 Acres

    HomeLand Real Estate Inc (606) 462-0159

    Listing agent Shannon V Malone (606) 356-3063

    Listing date Oct 14, 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

    Flat Building Lot Near Morehead

    This is a surveyed 3.923-acre flat building lot situated approximately 7 miles from downtown Morehead, Kentucky. Utilities are available at Porter Road. There are no deed restrictions. A portion of the land is located in a flood area, and prospective buyers should investigate insurance requirements.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Morehead
    County
    Rowan
    State
    Kentucky
    Longitude
    -83.315896
    Latitude
    38.188314

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    FAQs

    What type of property is this?
    Land - 3.923 acre surveyed lot, approximately 7 miles from Morehead.
    Where is this land located?
    The property is located at Porter Rd Morehead, KY.
    What is the asking price?
    The asking price for this property is $42,000.
    What are key features of this property?
    This property features: - Large 3.923 acre flat building lot.; - Utilities available at Porter Road.; - Located approximately 7 miles from downtown Morehead.
    (606) 356-3063
    Request Owner's contact information
    Porter Rd 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
    Porter Rd Morehead, KY 40351
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