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Property profile & analytics
OFF-MARKET
Commercial real estate

000 American Legion Way Morehead, KY 40351

2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2-acre commercial lot presents a unique investment opportunity in the thriving Morehead, Kentucky market. Located at 000 American Legion Way, this expansive property offers significant potential for a wide range of commercial developments. The substantial acreage provides ample space for construction, allowing for flexibility in design and functionality. Its strategic location within Morehead ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in the community. The property's zoning (which should be independently verified) will dictate the permissible uses, but the size and location suggest a variety of possibilities, from retail and office spaces to light industrial or specialized commercial ventures. Given the current market conditions and the property's desirable characteristics, this represents a compelling investment opportunity with strong potential for future appreciation. Serious inquiries are encouraged to explore the possibilities and conduct due diligence to confirm suitability for their intended use. The asking price of $799,000 reflects the significant value and potential of this prime commercial land parcel. Interested parties should act quickly to secure this exceptional opportunity. Further information regarding utilities, access, and zoning regulations can be obtained through the appropriate channels.

Property profile
Verified
Property type Commercial real estate
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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