$325,000

5300 Cranston Rd Morehead, KY 40351

Estimated payment $1,723/month

Total Views 24,169
42.66 Acres
$7,618 Price per Acre
1,858,270 Sq Ft Lot

Highlights

  • 42.66 Acre Lot
  • Wooded Lot
  • The pond is a source of water for the property
  • Lake, Pond or Stream
  • Pasture
  • Creek or Stream

About This Lot

Prime 42.66-Acre Development Opportunity on Cranston Road. This 42.66-acre surveyed tract offers an exceptional opportunity for commercial or residential development in a highly accessible location. Situated along Hwy 377 with road frontage, the property features cleared, level land, making it ideal for a variety of uses. With no restrictions, developers and investors can take advantage of the land's full potential. Infrastructure is already in place, including access to 3-phase power, natural gas, electric, and rural water, ensuring smooth development. A small pond adds character to the property, while a peaceful creek borders the backside, providing a natural touch to the landscape. Whether you're looking to build residential communities, commercial ventures, or a mixed-use project, this property offers flexibility, accessibility, and strong investment potential in a sought-after location.

Listing Agent

Teresa Brown

Century 21 Advantage Realty, A Robinson Company License #223524 Listed on: 06/05/2025

Century 21 Advantage Realty, A Robinson Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $77

Lot Details

  • 42.66 Acre Lot
  • Creek or Stream
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned Agricultural

Utilities

  • Gas Available
  • The pond is a source of water for the property

Additional Features

  • Lake, Pond or Stream
  • Pasture

Property Details

Property Type

Land

Est. Annual Taxes

$77

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 5300 Cranston Road
  • Second Address Number: 5300
  • Directions: From I-64 exit 137 travel north on Hwy 32 for 1 mile to Hwy 377 (Cranston Road) turn right onto Cranston Road and travel 5.4 miles to property on the right.
  • Geo Address Line: 5300 Cranston Rd
  • Geo Longitude: -83.428823
  • Geo Primary City: Morehead
  • Geo Quality: 0.95
  • Geo Subdivision: KY
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: KY
  • Street Designation: Road
  • Additional Lots Available: No
  • Lot Use: Undeveloped Land
  • Restrictions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Type: General Tract-Vacant

Exterior Features

  • Number of Acres: 42.66
  • Topography: Level, Clear, Creek, Pond
  • Road Frontage: Maintained, Yes

Utilities

  • Utilities: Public Water, Gas, Electricity
  • Hot Water: Creek/Stream(s), Pond(s)

Fee Information

  • Tax Class: LAND

Lot Info

  • Lot Size: 42.66
  • Water Mineral Rights: Unknown
  • AdditionalAcreageAvail: No
  • Improved: No
  • Tillable Y N: Yes
  • Zoning: Agricultural

Tax Info

  • Tax Page Number: 667

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $77 $9,200 $9,200 $0
2024 $79 $9,200 $9,200 $0
2023 $78 $9,200 $9,200 $0
2022 $80 $9,200 $9,200 $0
2021 $82 $9,200 $9,200 $0
2020 $83 $80,000 $80,000 $0
2019 $84 $80,000 $80,000 $0
2018 $110 $80,000 $80,000 $0
2017 -- $80,000 $80,000 $0
2016 -- $12,075 $12,075 $0
2014 $102 $12,075 $0 $0
2013 $102 $12,075 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2025 06/05/25 For Sale $325,000 -- --
Source: Ashland Area Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $80,000 Attorney
Source: Public Records

Source: Ashland Area Board of REALTORS®

MLS Number: 58896

APN: 076-00-00-020.00