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$ 359,900
Price Dropped by $30K
7220 Flemingsburg Road Morehead, KY 40351
26.63 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Subdivision Rural
MLS Listing ID 25013140
Lot Size 26.630 Acres
Acres 26.63
Property Sub-Type Farm
Property Description
Discover the potential of this approximately 26.63-acre rolling farm tract on Flemingsburg Road (Hwy 32), just minutes from Interstate 64 Exit 137 near the Rowan-Fleming county line. The property offers significant road frontage, flexible zoning, and a mix of open pasture and wooded areas suitable for agricultural, residential, recreational, or limited commercial use. Existing improvements include a traditional milking barn that can support livestock, storage, or workshop use; a house seat (with home removal); and a rented mobile home that provides current income. The land was recently logged. Location advantages include convenient access to Morehead State University, Cave Run Lake recreation, the expanding Eastern Light Distilling campus, St. Claire Regional Medical Center, and the commercial growth around Exit 137. The tract can also be combined with nearby acreage for larger plans. A gas company easement is planned through the property. Whether you are looking for a working farm, investment with rental income, renovation project, or long-term land holding near a regional growth corridor, this property offers visibility, usable acreage, and development flexibility. Buyers should verify all details, restrictions, and remaining usable acreage. Investment Highlights • Approximately 26.63 acres of rolling farmland with significant road frontage on Hwy 32 near I-64 Exit 137 • Recently logged, improving access and creating clearer building and pasture areas • Flexible zoning supporting agricultural, residential, recreational, and limited commercial uses • Existing structures: milking barn, fixer-upper house, and rented mobile home (current income) • Minutes from Morehead State University, Cave Run Lake, Eastern Light Distilling, St. Claire Regional Medical Center, and Exit 137 commercial activity • Gas company easement planned through the property • Expansion potential when combined with adjacent or nearby parcels
Location
State KY
County Rowan
Zoning Other
Exterior
Utilities Available Electricity Available, Water Available
View Y/N Y
View Farm, Rural, Trees/Woods
Handicap Access No
Private Pool No
Schools
Middle Schools Rowan Co
High Schools Rowan Co
Listed by SimpliHOM