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2550 Ky 801 North Morehead, KY 40351

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For Sale
$2,500,000

21.38 acres of development land near I-64 and Cave Run Lake.

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Listing Contact
Harrison Lane
Source: Svnstone

Listing Agent: Harrison Lane

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Overview

Development Land Near Cave Run

This 21.38-acre parcel of development land is located on KY-801 in Morehead, Kentucky, just 0.3 miles from the I-64 ramp, providing convenient access between I-64 and Cave Run Lake. KY-801 serves as a connector from I-64 to Cave Run Lake and Daniel Boone National Forest. The property features nearly 700 feet of frontage on KY-801, offering visibility and convenience. Situated in the county, the land has no zoning restrictions, allowing potential for retail, hospitality, industrial, recreational, residential, and mixed-use development. The I-64 corridor in Morehead has experienced significant development, including the 60-acre AppHarvest Greenhouse. Independent Stave Company's Commonwealth Cooperage has built a $67 million project across 35 acres. Eastern Light Distilling is investing in Rowan County with a distillery planned to launch in 2025, featuring a 50,000-square-foot distillery building, rickhouses, a bottling facility, bourbon tourism experiences, and an event space. The property is near the Rowan County airport, Maysville Community College Campus, and the MMRC Industrial Park. An additional 73 acres of adjacent property are available for sale. Morehead is the county seat of Rowan County with a population of 22,716, not including the 7,000 full-time students at Morehead State University.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Morehead
County
Rowan
State
Kentucky
Longitude
-83.4396
Latitude
38.2298

FAQs

What type of property is this?
Commercial land - 21.38 acres of development land near I-64 and Cave Run Lake.
Where is this commercial land located?
The property is located at 2550 Ky 801 North Morehead, KY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: - Prime Location: Only 0.3 miles from I-64 ramp, providing easy access.; - Development Potential: 21.38 acres with no zoning restrictions, allowing for diverse development options.; - High Visibility: Just shy of 700 feet of frontage on KY-801.
More about this property
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