Technical
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Distress signals
Property profile

0 Ditney Rdg Rd Morehead, KY 40351

OFF-MARKET
Land
45 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 45 ac (1,960,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ditney Rdg Rd Morehead, KY 40351
Morehead metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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