3750 KY-801, Morehead, KY 40351

$7,000,000
Property Type: Land Lot Size (sq. ft.): 2,613,600 Status: Active
Current Price: $7,000,000 List Date: 4/15/2026 Last Modified: 4/15/2026

Overview

Description

60 Acres +/- with over 2,000 Ft. Road Frontage on KY 801 North and Frontage on Old Phelps Road - Will Subdivide. Acreage is ideal for development in one of the fastest growing intersections in Kentucky. Close to Cave Run Lake, AppHarvest, American Stave Company, Rowan County Airport. Ideal uses for restaurants, shopping centers, hotels, convenient stores, gas stations and much more.

Listing Details MLS# 26007929

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Status Change Timestamp
2026-04-15

Address

County
Rowan
Street Number
3750
Street Name
KY-801
State
KY
Zip Code
40351
Directions
KY 801 North and Old Phelps Road
Parcel Number
012-00 00 042.00

Contract

Original List Price
7000000
Start Showing Date
2026-04-15
Listing Contract Date
2026-04-15
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
116666.67
List Price/SqFt
2.68

Tax Legal

MLS Area Major
061 - Rowan County
Subdivision Name
Commercial

Lot

Lot Size Acres
60
Lot Size Square Feet
2613600
Road Frontage Feet
1600
Conservation Easement YN
No
Elevation Units
Feet

More Information

Remarks

Public Remarks
60 Acres +/- with over 2,000 Ft. Road Frontage on KY 801 North and Frontage on Old Phelps Road - Will Subdivide. Acreage is ideal for development in one of the fastest growing intersections in Kentucky. Close to Cave Run Lake, AppHarvest, American Stave Company, Rowan County Airport. Ideal uses for restaurants, shopping centers, hotels, convenient stores, gas stations and much more.

Showing Information

Showing Instructions
Call Listing Agent

Tax & Legal

Zoning
Other
Zoning Description
None - Recommended Commercial

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes

Listing Terms

Conventional
Yes

Current Use

Pasture
Yes
Recreational
Yes

Possible Use

Commercial
Yes

Showing Requirements

Call Listing Agent
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Sewer Available; Electricity Available; Natural Gas Available; Sewer Available Current Use: Pasture; Recreational Listing Terms: Conventional Possible Use: Commercial Showing Requirements: Call Listing Agent
Listing Office: C Roger Lewis Agency
Last Updated: April - 15 - 2026
Information deemed reliable but not guaranteed.