0000 St Joseph Lane, London, KY 40741

$4,895,000
Property Type: Land Lot Size (sq. ft.): 653,400 Status: Active
Current Price: $4,895,000 List Date: 1/06/2026 Last Modified: 5/28/2026

Overview

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 shop ...

Listing Details MLS# 26000314

Listing Information

Comp Sale YN
No
Property Sub Type
Unimproved Land

Status Change Information

Price Change Timestamp
2026-05-28T19:19:42Z
Status Change Timestamp
2026-01-06

Address

County
Laurel
Street Number
0000
Street Name
St Joseph
Street Suffix
Lane
State
KY
Zip Code
40741
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.
Parcel Number
062-00-00-031.00

Contract

Original List Price
4950000
Start Showing Date
2026-01-06
Listing Contract Date
2026-01-01
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
326333.33
List Price/SqFt
7.49

Tax Legal

MLS Area Major
044 - Laurel County
Subdivision Name
Commercial

Lot

Lot Size Acres
15
Lot Size Square Feet
653400
Conservation Easement YN
No
Elevation Units
Feet

More Information

Remarks

Public Remarks
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 Details

Floodplain YN
No

Tax & Legal

Zoning
Other
Zoning Description
No zoning, not in city limits

Utilities

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Lot Features

Irregular Lot
Yes
Wooded
Yes

Current Use

Unimproved
Yes
Vacant
Yes

Possible Use

Commercial
Yes
Professional
Yes
Residential
Yes

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Property Features

Utilities: Electricity Available; Sewer Available; Water Available; Electricity Available; Sewer Available; Water Available Current Use: Unimproved; Vacant Lot Features: Irregular Lot; Wooded Possible Use: Commercial; Professional; Residential Showing Requirements: Call Listing Agent; Showing Service
Listing Office: Baker Auctions & Real Estate LLC
Last Updated: May - 28 - 2026
Information deemed reliable but not guaranteed.