200 Old Phelps Lane, Morehead, KY 40351

Other
NZD $1,591,470
USD $889,000
Published on: 14 Sep 2025
Last updated on: 03 Oct 2026
200 Old Phelps Lane, Morehead, KY 40351
200 Old Phelps Lane, Morehead, KY 40351
200 Old Phelps Lane, Morehead, KY 40351
+27
200 Old Phelps Lane, Morehead, KY 40351
  • 27
Property ID: 110102261750
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Land, Morehead, KY

200 Old Phelps Lane, Morehead, KY 40351
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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
26,304.59 m2
County
Rowan
Parcel ID
019-0000003.00
Provider
ImagineMLS
Subdivision
Rural
Brokerage Office Name
SimpliHOM
Brokerage Office Phone
(859) 509-8401
Neighbourhoods
Rural
Address
200 Old Phelps Lane, Morehead, KY 40351
Contact Agent
Tamara Hurst
SimpliHOM
401 W Main St Ste 204 , Lexington, KY 40507
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Tamara Hurst
401 W Main St Ste 204 , Lexington, KY 40507
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      Property ID: 110102261750

      Original Property ID: 3yd-LBARKY-25501216
      Data provided by ImagineMLS, MLS #: 25501216
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      Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.