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.
Lot/land
$7,000,000
3750 State Highway 801 N, Morehead, KY 40351
--beds
0baths
60Acres
Unimproved Land
Built in ----
60 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 91 days |
- 39 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Damon M Ballinger 606-784-4168,
C Roger Lewis Agency
Source: Imagine MLS,MLS#: 26007929
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 60 Acres
Details
- Parcel number: 01200 00 042.00
- Zoning: Other
- Zoning description: None - Recommended Commercial
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available
Community & HOA
Community
- Subdivision: Commercial
Location
- Region: Morehead
Financial & listing details
- Tax assessed value: $80,000
- Annual tax amount: $54
- Date on market: 4/15/2026
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,432/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Listed for sale | $7,000,000 |
Source:  Imagine MLS #26007929 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $54 +0.1% | $6,300 |
| 2023 | $54 -1.4% | $6,300 |
| 2022 | $55 -2.5% | $6,300 |
| 2021 | $56 -1.8% | $6,300 -92.1% |
| 2020 | $57 -71.6% | $80,000 -23.8% |
| 2019 | $201 -23.7% | $105,000 |
| 2018 | $264 -21.3% | $105,000 |
| 2017 | $336 | $105,000 +261.4% |
| 2016 | $336 | $29,050 |
| 2014 | $336 | $29,050 |
| 2013 | $336 | $29,050 |
| 2012 | -- | $29,050 -26.8% |
| 2011 | -- | $39,675 |
| 2010 | -- | $39,675 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 40351
Nearby schools
GreatSchools rating
- 7/10McBrayer Elementary SchoolGrades: K-5Distance: 4.5 mi
- 5/10Rowan County Middle SchoolGrades: 6-8Distance: 4.4 mi
- 6/10Rowan County Senior High SchoolGrades: 9-12Distance: 4.3 mi
- $1,000,0001 Acres1 Old Phelps Rd, Morehead, KY 40351Lot/Land
- $271,900-- bd-- ba-- sqft80 Old Phelps Rd, Morehead, KY 40351Off Market
- $1,000,000-- bd1 ba-- sqft80 Old Phelps Rd, Morehead, KY 40351Off Market
- $25,000-- bd-- ba-- sqft3750 State Highway 801 N, Morehead, KY 40351Off Market
- $---- bd-- ba-- sqftOld Phelps Rd, Road, KY 40351Off Market
- $17,400-- bd-- ba-- sqft100 Old Phelps Rd, Morehead, KY 40351Off Market
- $449,1002 bd3 ba2.5k sqft250 Old Phelps Rd, Morehead, KY 40351Off Market
- $216,4004 bd2 ba-- sqft260 Old Phelps Rd, Morehead, KY 40351Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
