120 Pinecrest Dr Morehead, KY 40351
This exceptional 1.1-acre commercial lot presents a unique investment opportunity in Morehead, Kentucky. Located at 120 Pinecrest Dr, this property boasts a highly visible location just off Flemingsburg Road, providing easy access to Interstate 64 (Exit 137). The single-tenant building on the site offers 1,580 square feet of retail space, ideal for a variety of businesses. The B-2, Highway Business zoning allows for diverse commercial uses, capitalizing on the strong regional economy of Morehead and Rowan County. This area serves a population exceeding 100,000, with a robust workforce concentrated in healthcare, education, recreation, and retail sectors. Its strategic location between Lexington, KY, and Charleston, WV, ensures high traffic volume and excellent visibility. The property's size and zoning make it suitable for expansion or redevelopment, offering significant potential for growth and return on investment. This is a rare opportunity to acquire a prime retail lot in a thriving Kentucky community. The property is zoned B-2, Highway Business, ensuring flexibility for a wide range of commercial ventures. Don't miss this chance to establish your business in a high-traffic, strategically located area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.