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About This Home

This land at 7325 Flemingsburg Road in Morehead, KY is listed for $740,000 (26.98 acres).

Agent Description

Discover the potential of this stunning 26.975-acre farm nestled in the heart of Rowan County! With gently rolling hills and 900 feet of road frontage, this property offers endless possibilities for subdivision development, commercial ventures, or as a charming farmstead.

The picturesque landscape creates an ideal setting for your dream project, whether you're looking to build a residential community or establish a thriving business. The property includes a classic farmhouse and a barn, both of which are ready for your creative renovations, allowing you to infuse your personal touch.

Imagine transforming these structures into modern living spaces or functional facilities that enhance the property's value. Additionally, ask about the commercial building with highway access for sale (+.5 acres). This could be combined with purchase.

There's an opportunity to expand your vision by combining this parcel with an additional 62 acres directly across HWY 32, maximizing your investment potential. Don't miss this chance to own a piece of Rowan County's beautiful countryside, where your ideas can flourish!

Whether you're an investor, developer, or farmer, this property is brimming with potential waiting for you to unlock. Seize the opportunity today! Investment Highlights - Prime Location: With over 1,200 feet of road frontage on a busy highway, this property ensures high visibility and easy access for potential residential units, customers or clients.

- Versatile Property: The combination of commercial space (if negotiated in the deal-not included in this listing), farmland, and residential rental potential allows for a diverse range of investment opportunities. - Cleared and Maintained Land: The gently rolling farmland is ready for immediate use, minimizing preparation efforts for agricultural endeavors.

- Utility Accessibility: While there are currently no utilities connected (land only-utilities are furnished to home and commercial building (if added to purchase), gas, sewer, and water services are readily available with minimal effort to connect. - Income Potential: The commercial building (if added to deal for additional cost) offer an opportunity to open a business in the hear term and generate cash flow.

It is currently a successful trophy business. The rental house offers immediate cash flow, with the potential for increased income through renovation and enhancement. *Some Photos are AI renders to inspire vision.

Key Features

  • 26.98 acre lot
  • 2 stories

Property Details

2 stories
1 full

Amenities

A/C

Location

7325 Flemingsburg Road

Morehead, KY 40351

Rural

Property Details

Cooling

Wall Unit(s)

Questions & Answers

This 3-bedroom, 1-bathroom land at 7325 Flemingsburg Road is listed at $740,000. The estimated monthly payment is $3,207 based on 20% down at 6.5% interest.

Key features include: 26.98 acre lot, 2 stories.

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

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TH

Tamara Hurst

Agent at SimpliHOM

(502) 229-3378

Listed by SimpliHOM

MLS# 25011733· Source: listhub· Updated 311 days ago

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7325 Flemingsburg Road, Morehead, KY 40351

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