Listing Agency: A + Henry Real Estate LLC a***@gmail.com Show Phone

Listed By: Anthony Henry · License #62540

Source: Crexi

Added: Jan 7 Changed: Aug 8 Last Checked: Aug 8 at 2:54PM

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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

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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 Hwy 801 South Morehead, KY.

What is the asking price?

The asking price for this property is $160,000.