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    5335 Ky 173 Morehead, KY 40351

    • Land
    • 120.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 5335 Ky 173

    Lot size
    120.50 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morehead
    County
    Rowan
    State
    Kentucky
    Longitude
    -83.2613
    Latitude
    38.1236

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      21.38 Acres

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    5335 Ky 173
    Morehead, KY 40351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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