200 Old Phelps Lane, Morehead, KY 40351

Property 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.

Listing Status:

Active

Date Added:

September 13, 2025 at 05:00AM

Listing Office:

SimpliHOM : 859-509-8401

MLS ID:

25501216

Location

• Originating MLS: Imagine MLS (Bluegrass REALTORS®)
• County: Rowan

Lot

• Topography: Gentle SlopingWooded
• Zoning: R-1T019-0000003.00
• Current Use: Vacant

Utilities

• Utilities: Electricity AvailableSewer AvailableWater Available

Financial

• Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of SimpliHOM