Listing Agency: Murphy Realty Group b***@murphyrg.com Show Phone

Listed By: Casey Lyons Show Phone

Source: Exprealty

Added: Mar 27 Changed: Sep 3 Last Checked: Sep 1 at 8:33PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Murphy Realty Group

Investment Insights

Based on property information with market context.

This 1.095-acre lot offers an investment opportunity with 90 feet of road frontage on Highway 801 South. The property is located minutes from Cave Run Lake and a short drive from downtown Morehead. The location is suitable for commercial or residential development. The gently rolling terrain and convenient access support a range of uses, from a retail business, restaurant, or professional office to a vacation rental, cabins, or private residence. Proximity to a recreational destination and Morehead State University provides visibility, traffic, and growth potential. Utilities are available nearby. The property is located at 1040 Hwy 801 South, Morehead, KY 40351.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Computer & Electronic Repair Real Estate Agency Grocery & Convenience Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

21

Businesses Nearby

Explore this area Business Placement

Demographics for 40351, KY

22,305

Population

9,497

Households

2.3

Avg Household Size

33

Median Age

27%

College-Educated

88%

High-School Grad

268.2 sq mi

ZIP Area

83

Density / Sq Mi

$51,110

Median Household Income

$26,278

Median Earnings

$775

Median Rent

$163,000

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Freestanding Retail/Flex Building

1490 Flemingsburg Rd, Morehead, KY 40351

$1,450,000

8,463 SF

View details

Occupied Apartment Building Portfolio

939 Piedmont Street, Morehead, KY 40351

$1,950,000

15,613 SF

View details

Unique Log Office Building

100 Lake Park Drive, Morehead, KY 40351

$300,000

2,832 SF

View details

Convenience Store and Restaurant with Commercial Kitchen

9335 Cranston Road, Morehead, KY 40351

$575,000

1,536 SF

View details

Golf Course and Clubhouse Property

400 Clearfork N, Morehead, KY 40351

$1,500,000

8,272 SF

View details

Agricultural Property with Clubhouse

400 Clearfork Rd, Morehead, KY 40351

$1,500,000

8,272 SF

View details

Restaurant and Liquor Business Site

110 Ky Highway 801 S, Morehead, KY 40351

$1,250,000

2.50 Acres

View details

Prime Downtown Morehead Vacant Lot

234 E Main Street, Morehead, KY 40351

$1,300,000

0.74 Acres

View details

Mixed-Use Convenience Store Property

9335 Cranston Rd, Morehead, KY 40351

$575,000

1,536 SF

View details

Mixed-Use Property with Farmland

7325 Flemingsburg Road, Morehead, KY 40351

$485,000

960 SF

View details

Turnkey Short-Term Rental on Acreage

2385 KY Hwy 801, Morehead, KY 40351

$1,300,000

18.74 Acres

View details

Recreation Hunting Tract with Trail System

Apple Grove Lane, Morehead, KY 40351

$550,000

222.00 Acres

View details

Frequently Asked Questions

What type of property is this?

Commercial land - 1.095-acre lot suitable for commercial or residential development.

Where is this commercial land located?

The property is located at 1040 Ky Highway 801 S Morehead, KY.

What is the asking price?

The asking price for this property is $259,000.