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Property profile & analytics
OFF-MARKET
Land

5335 Ky 173 Morehead, KY 40351

120.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 120.5-acre property in Rowan County, Kentucky, presents a unique opportunity for various ventures. Located at 5335 KY 173, Morehead, KY 40351 (38.1235572, -83.2613104), this land boasts convenient direct road access via KY 173 and Fraley Ridge. The property features a sizable cleared area ideal for wildlife feeders, complemented by a substantial wooden barn and a metal building. While two older mobile homes are present, they are uninhabitable. The extensive wooded acreage is rich with wildlife. This expansive land offers ample space for constructing a new home, making it suitable for a mini-farm. Public water and electricity are readily available, along with high-speed fiber optic internet service. The asking price is $189,900. Important Note: This property has not been surveyed and is sold as described in the deed.

Property profile
Verified
Property type Land
Lot 120.5 ac (5,248,980 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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