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Property profile & analytics
OFF-MARKET
Commercial real estate

000 Ky Highway 801 Morehead, KY 40351

144 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 144-acre tract presents a compelling investment opportunity for developers seeking prime land in a rapidly growing region. Strategically located just off Interstate 64, this property enjoys unparalleled access to major transportation arteries, significantly enhancing its logistical advantages. Its proximity to the MMRC Regional business/industrial park positions it ideally for synergistic development, offering potential for collaboration and shared infrastructure. The property's substantial acreage allows for a wide range of development possibilities, from industrial and commercial ventures to potentially residential projects, subject to local zoning regulations. The location also benefits from its proximity to the established community of Morehead, providing access to a skilled workforce and essential amenities. Furthermore, the property's adjacency to Cave Run Lake and the Rowan County airport adds to its appeal, offering recreational opportunities and convenient air travel access. The existing infrastructure and strategic location combine to create a compelling case for significant return on investment. This is a rare opportunity to acquire a large parcel of land with exceptional development potential in a thriving Kentucky location. Detailed site surveys and environmental assessments are recommended to fully understand the development possibilities. All interested parties should conduct their own due diligence.

Property profile
Verified
Property type Commercial real estate
Lot 144 ac (6,272,640 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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