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2041 Flemingsburg Rd - Oak & Prime Development 35 Acres of Commercial Land Offered at $112,000 in Morehead, KY 40351

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INVESTMENT HIGHLIGHTS

Great Visibility, easy accessibility.
High traffic count, adjacent to Kroger, Lowes, Walmart & I-64

Fastest Growing area in Morehead.

EXECUTIVE SUMMARY

We are pleased to present a prime development property located in Morehead, KY offering 10 commercial lots and 26 residential lots.
The property is on Hwy 32 near Walmart, Rowan County middle school and high school, McBrayer Elementary School, multiple large medical practices and is approximately 5 miles from downtown Morehead and Morehead State University.
It is in one of the fastest growing areas in Morehead and offers so many possibilities for development. The lots can be divided or combined to suit requirements.

Marketing Packet Oak and Prime 122122

PROPERTY FACTS Under Contract

Price	$112,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Storefront Strip Center
No. Lots	1	Total Lot Size	35.00 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	commercial, residential

Price	$112,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Storefront Strip Center
Total Lot Size	35.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	commercial, residential

1 LOT AVAILABLE

Lot

Price	$112,000	Lot Size	35.00 AC
Price Per AC	$3,200.00

Price	$112,000
Price Per AC	$3,200.00
Lot Size	35.00 AC

Lot sizes range from .19 acres to +/- 2 acres Commercial, Residential and Multi-family Lots available Zoned accordingly

DESCRIPTION

We are pleased to present a prime development property located in Morehead, KY offering 10 commercial lots and 26 residential lots. The property is on Hwy 32 adjacent to Walmart, Kroger, Lowe's, Rowan County middle school and high school, McBrayer Elementary School, St. Claire Regional Hospital and is within close proximity to downtown Morehead and Morehead State University. It is in one of the fastest growing areas in Morehead and offers so many possibilities for development. Lots can be subdivided or combined to meet investor requirements. New development property located in Morehead, KY offering 10 commercial lots and 26 residential lots. https://youtu.be/ngS-WI4mtng

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