Property Details for 2685 Ky 801 Hwy

Lot size

1.00 lot acres

Property type

Commercial real estate

Description

This exceptional 1-acre commercial lot, situated at 2685 N KY 801 Highway Unit 1 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, including retail establishments, restaurants, coffee shops, car rental agencies, or healthcare facilities. The lot's versatility allows for the creation of a customized development plan to meet specific business needs. The property benefits from convenient access to I-64, ensuring easy access for customers and employees. Furthermore, its proximity to key regional attractions and amenities enhances its appeal. These 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 planned county park, as well as established residential areas. The property is available for purchase individually, or as part of a larger acquisition, providing flexibility for investors seeking to tailor their investment strategy. Long-term leasing options are also available. This is a rare chance to secure a prominent commercial location in a thriving Kentucky community. The asking price is $450,000.

Location Insight

City

Morehead

County

Rowan

State

Kentucky

Longitude

-83.5569

Latitude

38.1773