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2550 KY-801
Morehead, KY 40351
 Land For Sale · 21.38 AC

Commercial Land Parcels Kentucky Morehead 2550 KY-801, Morehead, KY 40351

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INVESTMENT HIGHLIGHTS

  • 21 Acres of Development Potential
  • .3 miles from the I-64 Exit
  • Minutes from Cave Run Lake and Morehead State University
  • Excellent Visibility and Frontage on Ky-801
  • Flexible Use with No Zoning Restrictions

EXECUTIVE SUMMARY

This parcel is located only 0.3 miles from the I-64 ramp and provides convenient accessibility between I-64 and the very popular Cave Run Lake. Ky-801 is one of the most popular connectors from I-64 to Cave Run Lake and Daniel Boone National Forest, which see hundreds of thousands of visitors each year. The property boasts just shy of 700 feet of frontage on Ky-801 which provides excellent visibility and convenience. This property is located in the county, with no zoning restrictions in place. There is potential for retail, hospitality, industrial, recreational, residential, and mixed use development.

PROPERTY FACTS

Sale Type Investment Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
  • Distribution
  • Hold For Development
  • Industrial Park
No. Lots 1 Total Lot Size 21.38 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.
Property Subtype Commercial
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
  • Distribution
  • Hold For Development
  • Industrial Park
Total Lot Size 21.38 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.

1 LOT AVAILABLE

Lot

Price $2,500,000 Lot Size 21.38 AC
Price Per AC $116,931.71
Price $2,500,000
Price Per AC $116,931.71
Lot Size 21.38 AC

SVN Stone Commercial Real Estate in conjunction with the C. Roger Lewis Agency is excited to present a well located 21.38- acre parcel of development land located on KY-801 in Morehead, Kentucky.

DESCRIPTION

This corridor of I-64 in Morehead has seen significant developments in recent history. Just north of the subject property on Ky-801 is the 60-acre AppHarvest Greenhouse. Independent Stave Company's Commonwealth Cooperage built an estimated $67 million dollar project across 35 acres. Eastern Light Distilling is also investing significantly in Rowan County with a distillery set to launch in 2025. The 230-acre campus has plans for a 50,000 square foot distillery building, rickhouses, a full bottling facility, bourbon tourism experiences, an event space and other operations that will employ over 50 people. This is estimated to be more than a $140 million dollar investment in Rowan County. The subject property is also in close proximity to the Rowan County airport, Maysville Community College Campus, and the MMRC Industrial Park. Contact us today to explore the endless possibilities on KY-801 in Morehead, Kentucky! There is also an additional 73 acres of adjacent property that is available for sale. For more information please contact Harrison Lane at harrison.lane@svn.com // 859.537.1051 -- John Soper at john.soper@svn.com // 859.608.0256 -- or Mark Lewis with C. Roger Lewis Agency at MLewis54@qx.net // 606.356.3352

LINKS

PROPERTY TAXES

Parcel Number 012-00-00-016.00 Improvements Assessment $0
Land Assessment $5,275 Total Assessment $5,275

PROPERTY TAXES

Parcel Number
012-00-00-016.00
Land Assessment
$5,275
Improvements Assessment
$0
Total Assessment
$5,275
 

  • Listing ID: 33613824

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 2550 KY-801, Morehead, KY 40351

More public record information on 2550 KY-801, Morehead, KY 40351

The Land Property at 2550 KY-801, Morehead, KY 40351 is currently available for Sale. Contact SVN | Stone Commercial Real Estate for more information.

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