Technical
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Property profile

2699 Ky Hwy 801 Clearfield, KY 40351

OFF-MARKET
Land
1.17 ac lot
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Property summary

AI-generated overview

This 1.174-acre commercial lot in Morehead, Kentucky, presents a unique investment opportunity. Located at 2699 KY HWY 801 N, this property offers flexible zoning, allowing for a variety of commercial uses. The lot is part of a larger development with convenient access to I-64, ensuring high visibility and accessibility. This strategic location is ideal for businesses seeking high traffic exposure. The asking price of $350,000 reflects the entire six-lot parcel, though individual lot purchases may be considered. Smaller lot sizes (approximately half-acre) are also available at reduced prices. Long-term leasing options are available for this property, making it an attractive investment for both immediate use and future development. The property is situated in Rowan County, Kentucky, with a zip code of 40351. This is a rare opportunity to acquire commercial land in a growing area with excellent access to major transportation routes. Don't miss this chance to establish your business in a prime Morehead location.

Property profile

Verified
Property type Land
Lot 1.17 ac (51,139 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2699 Ky Hwy 801 Clearfield, KY 40351
Clearfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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