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    1710 Flemingsburg Rd Morehead, KY 40351

    Sponsored
    For Lease
    Contact for pricing

    8.6 Acres, I-64 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8.6-acre commercial land parcel presents a remarkable opportunity for retail development in Morehead, Kentucky. Strategically located at the intersection of Flemingsburg Road (KY 32) and I-64, Exit 137, this property boasts unparalleled visibility and accessibility. The site is zoned for commercial use and offers a range of lot sizes, from 0.93 acres to the full 8.6 acres, providing flexibility for various development plans. Rowan County, including Morehead, serves as a regional center for healthcare, education, recreation, and retail, supporting a robust workforce of over 100,000 people. This prime location benefits from its proximity to Interstate 64, connecting it to major markets such as Lexington, Kentucky, and Charleston, West Virginia, ensuring significant traffic flow and potential customer base. The property's APN is 044-00 00 096.00. This is a rare chance to capitalize on the growth and potential of this thriving Kentucky community. The single-tenancy zoning allows for a variety of development options, making it an ideal investment for developers seeking a high-impact location with strong regional draw. Detailed site plans and zoning information are available upon request. Don't miss this opportunity to secure a prominent location in a rapidly growing market.

    Property Features for 1710 Flemingsburg Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • Join established tenants Cattleman's Roadhouse and McDonald's.
    • Huck's, Take 5 Carwash, and Huey Magoo's Chicken Tenders are coming soon.
    • High‑profile outlots available for ground lease.
    • Interstate‑height pylon signage permitted.
    • Ideal location for restaurants, banks, hotels, retail, and service providers.
    • Located at the intersection of KY 32 and I‑64, Exit 137, offering excellent visibility and access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Dental Office Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morehead
    County
    Rowan
    State
    Kentucky
    Longitude
    -83.4780974
    Latitude
    38.1936161

    Nearby Comparable

    • Contact for pricing

      Regional Center with Highway Access

      Dominant regional center with excellent visibility and access.
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      Kroger Center Retail Space

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      Flemingsburg, KY Office/Storefront Space

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    Nearby Similar for Lease

    • $3,900 /Mo
      4,057 SF

      Prime Office Space in Morehead

      6,500 sq ft office space with tax advantages.
      344 Christy Crk Rd, Morehead, KY 40351
      View Details
    • Contact for pricing
      5,000 SF

      Kroger Center Retail Space

      Morehead, KY: 5,000 SF Available
      64 & Sr 32, Morehead, KY 40351
      View Details
    • Contact for pricing

      Regional Center with Highway Access

      Dominant regional center with excellent visibility and access.
      64 & Sr 32, Morehead, KY 40351
      View Details

    FAQs

    What type of property is this?
    Land - 8.6 Acres, I-64 Visibility
    Where is this land located?
    The property is located at 1710 Flemingsburg Rd Morehead, KY.
    What are key features of this property?
    This property features: Join established tenants Cattleman's Roadhouse and McDonald's.; Huck's, Take 5 Carwash, and Huey Magoo's Chicken Tenders are coming soon.; High-profile outlots available for ground lease.
    Request Owner's contact information
    1710 Flemingsburg Rd Morehead, KY 40351
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    Morehead, 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
    1710 Flemingsburg Rd Morehead, KY 40351
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