0 Ditney Rdg Rd Morehead, KY 40351
This exceptional 45+/- acre property in Rowan County, Kentucky, presents a unique opportunity for diverse uses. Located off Ditney Ridge Road in Morehead, KY, zip code 40351 (latitude 38.1664541, longitude -83.2896183), this largely wooded tract offers a blend of recreational and development potential. Recently brush hogged and cleared, the land provides improved access and visibility, making it easier to envision your future project. Numerous trails wind through the property, showcasing the varied terrain and abundant wildlife. A spacious area near the gravel county road is perfect for constructing a home or hunting cabin. While currently undeveloped, water and electric are accessible, facilitating future development. This is a blank canvas for those seeking a rural lifestyle, combining hunting, timber, and recreational opportunities. The asking price is $112,500, with financing options including a minimum 20% down payment, 9.5% interest, and a 5-year term. Don't miss this chance to own a piece of Kentucky's natural beauty.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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