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60 Acres Development Opportunity

3750 KY-801, Morehead, KY 40351

For Sale
$7,000,000

Land, Morehead, KY

Property SizeContact for details
Lot Size60.00 Acres
Days on Market208

Property Features for 3750 KY-801

General Information

Property type Land
Property subtype Other
Zoning description None - Recommended Commercial
Subdivision Commercial
Directions KY 801 North and Old Phelps Road
Standard status Active
APN 012-00 00 042.00
Lot size 60.00 Acres

Utilities

Utilities Natural Gas Available
Listing Agency: C Roger Lewis Agency
Listed By: Damon M Ballinger · License #201292
Added: Apr 15 Changed: Oct 13 Last Checked: Nov 8 at 5:06AM
MLS# 26007929

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This property features approximately 60 acres of land with over 2,000 feet of road frontage on KY 801 North, as well as frontage on Old Phelps Road. Located in Morehead, Kentucky, the acreage is positioned in a rapidly growing intersection. The site's location offers proximity to Cave Run Lake, AppHarvest, American Stave Company, and Rowan County Airport. The property is suitable for various development projects, including restaurants, shopping centers, hotels, convenience stores, and gas stations. The land can be subdivided.

Key Highlights

  • Ideal for development in a fast‑growing intersection.
  • Boasting over 2,000 ft. of road frontage on KY 801 North.
  • 60 Acres +/-, Will Subdivide.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Morehead

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - 60 acres ideal for development in growing Kentucky intersection.
Where is this commercial land located?
The property is located at 3750 KY-801 Morehead, KY.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Ideal for development in a fast‑growing intersection.; Boasting over 2,000 ft. of road frontage on KY 801 North.; 60 Acres +/-, Will Subdivide.
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