0000 St Joseph Lane,London, KY 40741
London, KY 40741
Description
Prime 15± Acre Mixed-Use Development Opportunity -Exceptional 15+/- acres (with as few as 2 acre tracts available), located directly off Exit 38 with prominent frontage and visibility from I-75. This highly desirable property adjoins CHI St. Joseph Hospital and sits along the primary access route serving the hospital, ensuring constant high traffic exposure. Situated just outside the city limits, the property currently has no zoning restrictions, offering outstanding flexibility for a wide range of development options. Ideal for commercial, professional, or residential projects including hotels, medical or professional offices, restaurants, retail centers, shopping destinations, or luxury apartment communities. The seller is willing to divide the property, with acreage and pricing to be determined. The area boasts strong local demographics with a population of nearly 64,000 and average household incomes exceeding $71K annually. Additional conveniences such as gas stations, grocery stores, restaurants, and coffee shops are all within a five-minute drive. Positive geotechnical site mapping has already been completed, further enhancing the property's readiness for development. A rare, high-visibility opportunity with exceptional potential for developers and investors.
Details
| MLS # | 26003188 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 185 |
| Listing Provided By | Baker Auctions & Real Estate LLC | Shanna Sheperson |
Features
| Zoning | Other |
|---|---|
| Acreage | 15.00 |
Utilities
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|
Area Information
| State | KY |
|---|---|
| County | Laurel |
| City | London |
| Zip Code | 40741 |
| Area | 044 Laurel County |
| Subarea | Laurel County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $4,895,000 low | high Med: $30,000 On site: 185 low | high Med: 85 | |
Market Activity 40741
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Learn More About This Property
| State | KY |
|---|---|
| County | Laurel |
| City | London |
| Zip Code | 40741 |
| Area | 044 Laurel County |
| Subarea | Laurel County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $4,895,000 low | high Med: $30,000 On site: 185 low | high Med: 85 | |
