Morehead Development Land Opportunity

Morehead, Kentucky, is a city of Rowan County, Kentucky. Rowan County consists of 9.3 square miles of land area and sets at an elevation of 738 foot. The city is named for Governor James T. Morehead and Morehead is the county seat of Rowan County. Interstate 64, a major East-West artery through Morehead connecting to Interstate 75 and Interstate 79 in Charleston, West Virginia, provides easy access to other major cities in Kentucky. As of 2009, the population for Rowan County is 22,716 not including the near 7,000 full time students at Morehead State University.SVN Stone Commercial Real Estate in conjunction with the C. Roger Lewis Agency is excited to present an incredible 73-acre parcel of untapped potential nestled along KY-801 in Morehead, Kentucky. This beloved family farm is ready to be transformed into a dynamic development. This parcel is located only 0.4 miles from the I-64 ramp and provides convenient accessibility between I-64 and the very popular Cave Run Lake. Ky-801 is one of the most popular connectors from I-64 to Cave Run Lake and Daniel Boone National Forest, which see hundreds of thousands of visitors each year. The property boasts just shy of 1,000 feet of frontage on Ky-801 which provides excellent visibility and convenience. This property is located in the county, with no zoning restrictions in place. There is potential for retail, hospitality, industrial, recreational, residential, and mixed use development. This corridor of I-64 in Morehead has seen significant developments in recent history. Just north of the subject property on Ky-801 is the 60-acre AppHarvest Greenhouse. Independent Stave Company's Commonwealth Cooperage built an estimated $67 million dollar project across 35 acres. Eastern Light Distilling is also investing significantly in Rowan County with a distillery set to launch in 2025. The 230-acre campus has plans for a 50,000 square foot distillery building, rickhouses, a full bottling facility, bourbon tourism experiences, an event space and other operations that will employ over 50 people. This is estimated to be more than a $140 million dollar investment in Rowan County. The subject property is also in close proximity to the Rowan County airport, Maysville Community College Campus, and the MMRC Industrial Park. Contact us today to explore the endless possibilities on KY-801 in Morehead, Kentucky! For more information please contact Harrison Lane at [email protected] // 859.537.1051 -- Justin Ryder, CCIM at [email protected] // 859.447.3285. -- or Mark Lewis with C. Roger Lewis Agency at [email protected] // 606.356.3352