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Freestanding Retail/Flex Building
For Sale
$1,450,000

1490 Flemingsburg Rd, Morehead, KY 40351

Freestanding retail/flex building with a roll-up garage door, secure outdoor storage, and a wraparound front patio.

Property Size8,463 SF
Lot Size1.20 Acres
Price / SF$171.33
Days on Market95

Property Features for 1490 Flemingsburg Rd

General Information

Standard status Active
Size 8,463 SF
Lot size 1.20 Acres
Property subtype Retail

Site & Location

Traffic Count 28,905 vehicles/day
Highway Access Yes
Road Access Yes
Fenced Yard Yes

Additional Details

Drive-In Doors 1

Building Details

Building Size 8,463 SF
Listing Agency: NAI Isaac
Listed By: Zach Smith, CCIM
Source: Naiisaac
Added: Jun 2 Changed: Aug 24 Last Checked: Aug 14 at 7:38AM

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 NAI Isaac

Investment Insights

Based on property information with market context.

This freestanding retail/flex building offers a direct, functional layout for mixed-use operations, including an existing roll-up garage door and a secure outdoor storage area. The exterior features a large wraparound front patio and a designated monument signage position, supporting visibility and customer access.

The property is located on Flemingsburg Road (KY 32) near I-64 at Exit 137. The site provides direct ingress/egress on Flemingsburg Road and benefits from high visibility with an estimated daily traffic count of approximately 28,905 VPD in front of the site.

Area retailers include Ace Hardware, Walmart, Kroger, Lowes, Burkes Outlet, Starbucks, Cracker Barrel, and others. Morehead State University is listed as 3.5 miles away, and St. Claire Regional Medical Center is listed as 2.8 miles away.

Key Highlights

  • +/-8,463 SF freestanding retail/flex building on +/-1.198 AC with direct ingress/egress on Flemingsburg Road (KY 32)
  • Located on Flemingsburg Road near I‑64 at Exit 137, with +/-28,905 VPD traffic count in front of the site
  • Existing roll‑up garage door and secure outdoor storage area

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Hair Salon Pharmacy Storage Facility Garden Center

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

Lease Details

1
Drive-in doors
28,905 VPD
Traffic count
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby
115k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 26% Hotels & Casinos 6% Home Improvements & Furnishings 3%
Starbucks Dining
22,280 visits/mo 0.4 miles
Cracker Barrel Old Country Store Dining
21,625 visits/mo 0.4 miles
Bargain Hunt Shops & Services
14,728 visits/mo 0.4 miles
Hardee's Dining
13,325 visits/mo 0.4 miles
McDonald's Dining
8,085 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding retail/flex building with a roll-up garage door, secure outdoor storage, and a wraparound front patio.
Where is this retail space located?
The property is located at 1490 Flemingsburg Rd Morehead, KY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: +/-8,463 SF freestanding retail/flex building on +/-1.198 AC with direct ingress/egress on Flemingsburg Road (KY 32); Located on Flemingsburg Road near I‑64 at Exit 137, with +/-28,905 VPD traffic count in front of the site; Existing roll‑up garage door and secure outdoor storage area
More about this property
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