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29027024
29027025

Morehead Rd, Flemingsburg, KY 41041

TH
KY 272958
SimpliHOM
Listed by SimpliHOM
$317,000
420 days on market
Updated 5 days ago

Wooded Land Prime for Development

Details
Property Type Land
Sub Type Agricultural, Commercial (+1)
Price Per Acre $10,194
Broker Co-Op Yes
Acreage 36.000
Zoning flexible

Land | 36 acres

Marketing description

Discover a golden opportunity with this expansive 36+ acre farm in the heart of rural Fleming County, Kentucky, nestled right along the county line. Willing to SUBDIVIDE Boasting picturesque rolling hills and an untouched landscape, this property offers the perfect canvas for your vision.

Experience the tranquility of country living while being only a few miles (5.7) from Interstate 64, a key artery facilitating growth in the area. The location is becoming increasingly commercial, with proximity to Morehead State University, Cave Run Lake, the new Eastern Light Distilling, and numerous thriving businesses. This prime piece of land features significant road frontage on a bustling thoroughfare that connects multiple counties, ensuring high visibility and traffic for future developments.

Whether you're looking to invest in residential housing, a commercial venture, or an agricultural endeavor, this property holds immense potential. Don’t miss your chance to capitalize on this rare offering in a rapidly growing region!

****Further this property may be combined with off market properties:

This exceptional 36 acre farm may be further enhanced by bundling it with nearby (some) off-market properties, offering a unique investment opportunity. Adjacent to this property is a 26.3-acre tract featuring partially wooded areas and rolling hills, complete with road frontage. There is also a 1.5 acre parcel hosting income potential with a rented, duplex (3/2 each side). There is a 1528 sq ft home with cleared acreage (2+) that will eventually be sold. Additionally, an 11-acre all-wooded parcel boasts a hilltop that provides stunning panoramic views of the surrounding landscape. Across the roadway, you’ll find another 26.975 acres of relatively flat farmland that is already cleared, ensuring excellent visibility from the high-traffic road (On market). See video for some of these.

Together, these properties create a substantial landholding with diverse potential for development, agriculture, or recreational use. Don't miss the chance to expand your investment in this growing region!

Large tracts of rural land can be utilized in various ways, depending on the location, zoning regulations, and the owner's vision. Some common uses include:

1. Agriculture: Farming activities, including livestock grazing, and organic farming, are traditional uses for rural land.

2. Recreational Properties: Land can be developed for recreational purposes such as hunting, fishing, camping, or hiking. Many people also create recreational retreats or lodges.

3. Residential Development: Large tracts can be subdivided into residential lots for single-family homes or planned communities, catering to those seeking a rural lifestyle.

4. Commercial Development: With proper zoning, rural land can be used for commercial ventures such as retail centers, service stations, or businesses that benefit from highway access.

5. Industrial Use: Some areas may be suitable for light industrial developments, including warehouses, manufacturing plants, or distribution centers, especially if located near major transportation routes.

6. Renewable Energy: Land can be leased for solar farms or wind energy projects, contributing to sustainable energy solutions.

7. Conservation and Wildlife Habitat: Some landowners choose to preserve their land for environmental conservation, creating habitats for wildlife and maintaining natural landscapes.

Each of these uses can provide different benefits and opportunities, depending on the land's characteristics and surrounding infrastructure. PHOTOS WITH HOUSES ARE CONCEPTUAL ONLY

Investment highlights

1. Prime Location: Situated on the Fleming County line, just minutes from Interstate 64, enhancing accessibility and attracting commercial interest.

2. Expansive Acreage: Over 36 acres of untouched land, ideal for various development opportunities, including residential, commercial, and agricultural uses.

3. Growing Area: Proximity to Morehead State University, Cave Run Lake, the new Eastern Light Distilling, and other thriving businesses indicates strong growth potential.

4. Road Frontage: Significant frontage on a busy road, providing high visibility and traffic exposure for future developments.

5. Additional Land Opportunities: Potential to combine with adjacent off-market properties, including a 26.3-acre tract, an 11-acre wooded parcel with panoramic views, and 27 acres of cleared farmland for expanded investment options. See video for some of these properties.

7. Natural Beauty: Rolling hills and scenic landscapes offer a desirable country feel while still being close to urban amenities.

  1. Willing to subdivide into smaller parcels

Listing Contacts

TH
KY 272958
SimpliHOM
Listed by SimpliHOM

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Additional Information

Name
Tamara Hurst
License
272958
Brokerage
eXp Realty
Brokerage Phone
502-229-3378
Title
REALTOR
Brokerage Address
401 West Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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