0000 St Joseph Lane, London, KY 40741
Commercial · Laurel County
Key Facts
Description
Prime 15± Acre Mixed-Use Development Opportunity -Exceptional 15± acre tract 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.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Lot Size
15.00 acres
Zoning
Other
MLS® Listing#
26003188
Property Features
Utilities
Financial Details
Parcel Number
062-00-00-031.00
Directions
Take the first right on Esquire Lane after exiting off I-75 south at exit 38. Then drive straight onto St Joseph Ln. Property is on the left after passing the church.
Affordability Calculator
$979,000
Estimated monthly payment
$26,053/mo
Principal $3,916,000 · Est. interest $5,463,168 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in London, KY
- $311,009
- Median Listing Price
- 63
- Median Days on Market
- 1,708
- Median Sq Ft
- $173
- Median Price / Sq Ft
- 173
- Active Listings
- This home’s price is 1474% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in London, KY.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1868 KY-192, London, KY | $3,500,000 | — | — | 36,029 |
| 2075 W 192 Highway, London, KY | $4,300,000 | — | — | 92,800 |
| 415 Barbourville Road, London, KY | $4,500,000 | — | — | 150,000 |
| 0000 St Joseph Lane, London, KY | $4,895,000 | — | — | — |
Moving Cost Estimate
Listing Courtesy: Baker Auctions & Real Estate LLC - 8598540307
Last Updated: 2026-01-01