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    64 & Sr 32 Morehead, KY 40351

    Sponsored
    For Lease
    Contact for pricing

    Morehead, KY: 5,000 SF Available

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Kroger Center, a prime retail property located in Morehead, Kentucky, presents a unique leasing opportunity. Situated at the high-traffic intersection of I-64 and SR 32 in Rowan County, this 5,000 square foot commercial space offers excellent visibility and accessibility. The property is currently fully vacant, providing a blank canvas for a new tenant to establish a strong presence in this thriving market. The space is divisible, with a minimum leasable area of 2,000 square feet and a maximum contiguous space of 3,000 square feet, offering flexibility for businesses of various sizes. This allows for potential multi-tenant occupancy or a single large tenant to occupy the entire space. The property's location at a major highway intersection ensures high daily traffic counts, providing significant exposure to potential customers. The zip code is 40351. This retail space is ideal for businesses seeking a prominent location with high visibility and ample space to accommodate their operations. The property's strategic location and flexible layout make it an attractive option for a wide range of retail businesses. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

    Property Features for 64 & Sr 32

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Unit(s) available at that property

    Space
    Suite 264
    Size
    2,000 SF
    Space
    Suite 344
    Size
    3,000 SF

    HighLights

    • High‑profile corner location at I‑64 and SR 32.
    • Strong tenant lineup including Kroger, Lowe's, Burke's Outlet, and Hibbett Sporting Goods.
    • Nearby retailers include Walmart Supercenter and Tractor Supply.
    • Excellent visibility and accessibility from I‑64.
    • I‑64 traffic count: 25,077 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Morehead
    County
    Rowan
    State
    Kentucky
    Longitude
    -83.3789389
    Latitude
    38.2563616

    Nearby Comparable

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      Regional Center with Highway Access

      Dominant regional center with excellent visibility and access.
      64 & Sr 32, Morehead, KY 40351
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      Prime Office Space in Morehead

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      Prime Morehead Retail Land

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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

      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?
    Retail property - Morehead, KY: 5,000 SF Available
    Where is this retail property located?
    The property is located at 64 & Sr 32 Morehead, KY.
    What are key features of this property?
    This property features: High-profile corner location at I-64 and SR 32.; Strong tenant lineup including Kroger, Lowe's, Burke's Outlet, and Hibbett Sporting Goods.; Nearby retailers include Walmart Supercenter and Tractor Supply.
    Request Owner's contact information
    64 & Sr 32 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
    64 & Sr 32 Morehead, KY 40351
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