Mixed-Use Land for Sale in Morehead, Kentucky
200 Old Phelps Rd
Morehead, KY 40351












This 6.5-acre commercial property, conveniently located off I-64 at exit 133, is competitively priced and partially cleared, ready for excavation (Priced accordingly). With over 400 feet of road frontage, it offers excellent visibility.
Located in one of Kentucky's fastest-growing areas, this site connects the interstate to Cave Run Lake and the Daniel Boone National Forest. Nearby facilities include the AppHarvest Greenhouse, Rowan County Airport, the National Guard Readiness Center, and Maysville Community College.
Recent developments like Eastern Light Distilling, a $140 million investment, highlight the area's growth. Additionally, a new Liberty Mart and Hog's Trough Barbecue Restaurant are breaking ground nearby.
With flexible zoning, this property is ideal for various commercial ventures, including healthcare facilities, office complexes, multifamily housing, or whatever you may envision.
Don't miss this exceptional opportunity--contact us today for more information!
Directions
Off of I64 E, Take Exit 133, Take a left off the exit ramp and take the first right onto Old Phelps Road. Property is on the left (partially cleared and partially wooded).
Location
- Street Address
- 200 Old Phelps Rd
- County
- Rowan County
- Elevation
- 922 feet
Property details
- Zoning
- Flexible
- MLS Number
- LBAR 25004516
- Date Posted
Parcels
- 019-0000003.00
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Mar 11, 2025 | New listing | $999,000 | — | LBAR |