KY
Rowan
Morehead
40351
200 Old Phelps Lane
200 Old Phelps Lane, Morehead, KY 40351
Share Listing
Listing Type
Lots/Land
Listing Status
Active
16
$989,000

Home Details for 200 Old Phelps Lane

Price
$989,000
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
6.5
County
Rowan
Garage
Days on site
170
MLS Listing#
25501216
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.

Property Features
  • Utilities
    • Electricity Available
    • Sewer Available
    • Water Available
Listing Courtesy: SimpliHOM - 859-509-8401
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Last Updated: 2026-01-17 14:16:43
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EXIT REALTY CRUTCHER
502A Saffell St. , Lawrenceburg, KY 40342
John Rennels
License #: 75712
Sales Representative
Office
502 839 9822
Agent
502 598 8378
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