Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2703 Ky 801 Hwy Morehead, KY 40351

    For Sale
    $450,000

    High-traffic location, investment opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    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.

    Property Features for 2703 Ky 801 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Morehead
    County
    Rowan
    State
    Kentucky
    Longitude
    -83.55683
    Latitude
    38.17779

    Nearby Similar for Sale

    • $1,300,000
      22.00 Acres

      Diverse Income-Generating Property Portfolio

      Portfolio with cabins, houses, campground, and building lots for sale.
      Morehead, KY 40351
      View Details
    • $498,000
      2,884 SF

      Downtown Morehead Commercial Property with Parking

      Versatile, fully outfitted commercial property in Downtown Morehead's Entertainment District.
      134 E Main St, Morehead, KY 40351
      View Details
    • $324,900
      3,500 SF

      Morehead Commercial Building with Bays

      3,500 SF building with garage bays on one acre.
      720 Surgar Lf Mtn Rd, Morehead, KY 40351
      View Details
    • $825,000
      960 SF

      Highway Frontage Commercial Opportunity

      Versatile commercial building on 27+ acres with highway frontage.
      7325 Flemingsburg Rd, Morehead, KY 40351
      View Details
    • Contact for pricing

      Prime Retail Space Near I-64

      Shopping center with available spaces in Morehead, Kentucky.
      250-364 Pinecrest Dr, Morehead, KY 40351
      View Details
    • $1,683,985
      10,640 SF

      Dollar General NNN Investment Opportunity

      New Dollar General with 14+ years remaining on lease.
      7001 Cranston Rd, Morehead, KY 40351
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, investment opportunity.
    Where is this commercial real estate located?
    The property is located at 2703 Ky 801 Hwy Morehead, KY.
    What is the asking price?
    The asking price for this property is $450,000.
    (859) 509-8401
    Request Owner's contact information
    2703 Ky 801 Hwy Morehead, KY 40351
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2703 Ky 801 Hwy
    Morehead, KY 40351
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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 801 Hwy Morehead, KY 40351
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.