000 Ky Highway 801 Morehead, KY 40351
- Commercial real estate
- 144.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 000 Ky Highway 801
- Lot size
- 144.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 144-acre tract presents a compelling investment opportunity for developers seeking prime land in a rapidly growing region. Strategically located just off Interstate 64, this property enjoys unparalleled access to major transportation arteries, significantly enhancing its logistical advantages. Its proximity to the MMRC Regional business/industrial park positions it ideally for synergistic development, offering potential for collaboration and shared infrastructure. The property's substantial acreage allows for a wide range of development possibilities, from industrial and commercial ventures to potentially residential projects, subject to local zoning regulations. The location also benefits from its proximity to the established community of Morehead, providing access to a skilled workforce and essential amenities. Furthermore, the property's adjacency to Cave Run Lake and the Rowan County airport adds to its appeal, offering recreational opportunities and convenient air travel access. The existing infrastructure and strategic location combine to create a compelling case for significant return on investment. This is a rare opportunity to acquire a large parcel of land with exceptional development potential in a thriving Kentucky location. Detailed site surveys and environmental assessments are recommended to fully understand the development possibilities. All interested parties should conduct their own due diligence.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morehead
- County
- Rowan
- State
- Kentucky
- Longitude
- -83.5493
- Latitude
- 38.1417