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1490 Flemingsburg Rd
Morehead, KY 40351
Freestanding Retail/Flex Building · Retail Property For Sale
Investment Highlights
- +/-8,463 SF freestanding retail/flex building on +/-1.198 AC
- High visibility location with a daily traffic count of +/-28,905 VPD in front of the site
- Large wrap around front exterior patio
- Direct ingress/egress on Flemingsburg Road
- Existing roll-up garage door with secure outdoor storage area
- Less than 1 mile from I-64 interchange at Exit 137
Executive Summary
NAI Isaac is pleased to present a freestanding retail/flex building for sale in Morehead, Kentucky. The site is situated on Flemingsburg Road (KY 32) near I-64 at Exit 137. Morehead and Rowan County serve as a regional and economic development hub servicing over 100,000 people in health care, education, recreation and retail, boasting a strong workforce. The community is strategically located next to Interstate 64 in eastern Kentucky between Lexington, KY and Charleston, WV.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
8,463 SF
Building Class
B
Year Built
2000
Price
$1,450,000
Price Per SF
$171.33
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
1.91 AC
Opportunity Zone
Yes
Frontage
241’ on Flemingsburg Road
Property Taxes
| Parcel Number | 045-00-00-102.00 | Improvements Assessment | $701,700 |
| Land Assessment | $348,300 | Total Assessment | $1,050,000 |
Property Taxes
Parcel Number
045-00-00-102.00
Land Assessment
$348,300
Improvements Assessment
$701,700
Total Assessment
$1,050,000
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