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About This Home

This land at 200 Old Phelps Lane in Morehead, KY is listed for $939,000 (6.50 acres).

Agent Description

This 6.5-acre commercial property off I-64 at exit 133 is competitively priced, partially cleared, and ready for excavation. With over 400 feet of road frontage, it ensures excellent visibility. Situated in one of Kentucky's fastest-growing areas, the site links the interstate to Cave Run Lake and Daniel Boone National Forest.

Nearby amenities include AppHarvest Greenhouse, Rowan County Airport, National Guard Readiness Center, and Maysville Community College. Recent investments, such as Eastern Light Distilling's 140 million project, showcase the area's growth, alongside upcoming developments like Liberty Mart and Hog's Trough Barbecue Restaurant.

6.5-acre commercial property, conveniently located just off I-64 at exit 133. Priced competitively, this parcel is partially cleared and ready for excavation, making it an ideal investment for savvy developers and business owners. Strategic Location: Directly accessible from I64, ensuring high traffic exposure and easy access for customers and clients.

Flexible Zoning: The property benefits from flexible zoning, allowing for a wide range of commercial uses, from retail and office space to service-oriented businesses. 400 Feet of Road Frontage: Significant road frontage enhances visibility, making it an attractive option for businesses seeking to maximize exposure to passing traffic.

Potential for Subdivision: The owners may be willing to subdivide the property, providing flexibility for smaller developments or partnerships. Partially Cleared: The site is already partially cleared, reducing preparation time and costs for potential buyers.

With flexible zoning, this property is primed for a variety of commercial endeavors-whether you envision a healthcare facility, an office complex, multifamily housing, or another innovative project, the possibilities are endless. *Some Photos are AI renders to inspire vision.

Key Features

  • 6.50 acre lot

Location

200 Old Phelps Lane

Morehead, KY 40351

Rural

Questions & Answers

This 0-bedroom, 0-bathroom land at 200 Old Phelps Lane is listed at $939,000. The estimated monthly payment is $4,069 based on 20% down at 6.5% interest.

Key features include: 6.50 acre lot.

This property is listed by Tamara Hurst and can be reached at 5022293378 or tamarahurst@simplihom.com.

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Tamara Hurst

Agent at SimpliHOM

(502) 229-3378

Listed by SimpliHOM · View on Broker Site

MLS# 25501216· Source: listhub· Updated 210 days ago

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200 Old Phelps Lane, Morehead, KY 40351

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