2550 KY-801 Morehead, KY 40351
21.38-acre development land with high visibility near Cave Run Lake.
Type:Land
Lot size:
21.38 Acres- Added:
- Oct 23, 2024
- Days on Market:
- 554
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 2550 KY-801
General Information
- Standard status
- Active
- Lot size
- 21.38 Acres
- Property subtype
- Land
Listing agent Harrison Lane License #KY
Listing office SVN | Stone Commercial Real Estate
Listing date Oct 23, 2024
Source Crexi
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 SVN | Stone Commercial Real Estate
Overview
Prime Development Land Near I-64
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, offering convenient access between I-64 and Cave Run Lake. With nearly 700 feet of frontage on KY-801, a popular route connecting I-64 to Cave Run Lake and Daniel Boone National Forest, the property benefits from high visibility. Situated in the county, the land has no zoning restrictions, allowing for potential 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 north of the property. Independent Stave Company's Commonwealth Cooperage has completed an estimated $67 million project across 35 acres. Eastern Light Distilling is investing in Rowan County with a distillery set to launch in 2025. The 230-acre campus plans include a 50,000-square-foot distillery building, rickhouses, a full bottling facility, bourbon tourism experiences, and an event space, representing an estimated $140 million investment in Rowan County. The property is also 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.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Morehead
- County
- Rowan
- State
- Kentucky
- Longitude
- -83.4396
- Latitude
- 38.2298
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 21.38-acre development land with high visibility near Cave Run Lake.
Where is this commercial land located?
The property is located at 2550 KY-801 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: just 0.3 miles from I‑64 ramp.; High visibility with just under 700 feet of frontage on KY‑801.; Development potential: suitable for retail, hospitality, industrial, recreational, residential, or mixed‑use.
