2701 Ky 801 Hwy Morehead, KY 40351
- Commercial real estate
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2701 Ky 801 Hwy
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1-acre commercial lot, situated at 2701 N KY 801 Highway Unit 9 in Morehead, Kentucky, presents a unique investment opportunity along the rapidly developing I-64 corridor. Boasting prime visibility and accessibility, this property is perfectly positioned to capitalize on the significant growth in the area. Its strategic location offers unparalleled exposure to a high volume of traffic, making it ideal for a diverse range of commercial ventures. Consider retail, restaurants, coffee shops, car rentals, or healthcare facilities – the possibilities are extensive. The lot's convenient access to I-64 ensures easy access for customers and clients, while its proximity to several key landmarks further enhances its appeal. These landmarks include Cave Run Lake, AppHarvest, American Stave Company, Rowan County Airport, the future site of the Eastern Light Distillery Expansion (projected completion 2025), Morehead State University, and a future county park, as well as established residential areas. This property offers the potential for significant long-term returns, with the option to purchase individually or as part of a larger acquisition. Long-term leasing options are also available, providing flexibility for various investment strategies. The asking price for this exceptional property is $350,000.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morehead
- County
- Rowan
- State
- Kentucky
- Longitude
- -83.5574
- Latitude
- 38.1779
