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    2685 Ky Hwy 801 Clearfield, KY 40351

    Sponsored
    For Sale
    $450,000

    1.04 Acre Commercial Lot, $450,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1.043-acre commercial lot in Morehead, Kentucky, presents a unique investment opportunity. Located at 2685 KY HWY 801 N, this property offers excellent visibility and accessibility due to its convenient proximity to I-64. Ideal for a variety of commercial uses, including retail, restaurants, or healthcare facilities, this versatile lot is part of a larger six-lot development. The asking price of $450,000 reflects the entire six-lot bundle

    Property Features for 2685 Ky Hwy 801

    General Information

    Property type
    Land
    Lot Size
    45,433 SF

    HighLights

    • 1.043‑acre commercial lot in Morehead, KY, located at 2685 KY HWY 801 N.
    • Excellent visibility and I‑64 accessibility.
    • Suitable for retail, restaurants, or healthcare.
    • Part of a six‑lot development; $450,000 asking price for the entire bundle.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clearfield
    County
    Rowan
    State
    Kentucky
    Longitude
    -83.5200099
    Latitude
    38.1227348

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      Prime Commercial Land Near I-64

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      Morehead KY Development Land

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    FAQs

    What type of property is this?
    Land - 1.04 Acre Commercial Lot, $450,000
    Where is this land located?
    The property is located at 2685 Ky Hwy 801 Clearfield, KY.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 1.043-acre commercial lot in Morehead, KY, located at 2685 KY HWY 801 N.; Excellent visibility and I-64 accessibility.; Suitable for retail, restaurants, or healthcare.
    (502) 229-3378
    Request Owner's contact information
    2685 Ky Hwy 801 Clearfield, KY 40351
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    Clearfield, KY 40351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2685 Ky Hwy 801 Clearfield, KY 40351
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