200 Old Phelps Rd Morehead, KY 40351

Other Residential MLS #: 25004516 Courtesy Of SimpliHOM

$999,000

6.51 acres
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Estimated monthly payments: $4,367/mo.* (recalculate)

Property InformationDescription

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!
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Features

  • Architecture Style: Other
  • Lot Size: 6.51 Acres

MAP & DIRECTIONS

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200 Old Phelps Rd, Morehead, KY 40351
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School Information

200 Old Phelps Rd, Morehead, KY 40351

Elementary School
Grades KG-5 | Public School
MCBRAYER ELEMENTARY SCHOOL
Morehead, KY 40351
550 Viking Dr
606.­784.1204
Distance: 4.4 mi
School Rating
C
Student:Teacher Ratio
17:1
Total Students
485
Middle School
Grades 6-8 | Public School
ROWAN COUNTY MIDDLE SCHOOL
Morehead, KY 40351
555 Viking Dr
606.­784.8911
Distance: 4.4 mi
School Rating
C
Student:Teacher Ratio
20:1
Total Students
798
High School
Grades 9-12 | Public School
ROWAN COUNTY SENIOR HIGH SCHOOL
Morehead, KY 40351
499 Viking Dr
606.­784.8956
Distance: 4.2 mi
School Rating
C+
Student:Teacher Ratio
21:1
Total Students
982
Other Nearby Schools Distance Type Grades School Rating
Farmers Christian Academy 1.5 mi Private PK-10
Morehead Youth Development Center 4.0 mi Public 7-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Morehead, KY 40351

Median Age: 35.1
Married: 49%
Number of Households: 8,166
Households with Children: 32.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.