2699 Ky Hwy 801 Clearfield, KY 40351
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.
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
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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.