2703 Ky 801 Hwy Morehead, KY 40351
This exceptional 1-acre commercial lot, situated at 2703 N KY 801 Highway Unit 10 in Morehead, Kentucky, presents a unique investment opportunity. Located on the rapidly developing I-64 corridor, one of Kentucky's fastest-growing intersections, this property offers unparalleled visibility and accessibility. Its prime location ensures high traffic volume, making it ideal for a diverse range of businesses, including retail, restaurants, coffee shops, car rental agencies, or healthcare facilities. The lot's versatility allows for customization to suit individual business needs and expansion plans. The property benefits from convenient access to I-64, maximizing exposure to a large customer base. This lot can be purchased individually or as part of a larger acquisition, providing flexibility for investors. Long-term leasing options are also available. The surrounding area boasts a thriving community with numerous amenities, including Cave Run Lake, AppHarvest, American Stave Company, Rowan County Airport, the future site of Eastern Light Distillery Expansion (projected completion 2025), Morehead State University, and a future county park, as well as residential areas. This strategic location ensures a strong customer base and a promising return on investment. The asking price for this exceptional property is $450,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.