0000 St Joseph Lane, London, KY 40741
$4,895,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
653,400
Status:
Active
Current Price:
$4,895,000
List Date:
2/22/2026
Last Modified:
5/28/2026
Listing Details MLS# 26003188
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Mixed Use
Status Change Information
- Price Change Timestamp
- 2026-05-28T19:19:05Z
- Status Change Timestamp
- 2026-02-21
Address
- County
- Laurel
- Street Number
- 0000
- Street Name
- St Joseph
- Street Suffix
- Lane
- State
- KY
- Zip Code
- 40741
- Parcel Number
- 062-00-00-031.00
Contract
- Original List Price
- 4950000
- Start Showing Date
- 2026-02-21
- Listing Contract Date
- 2026-01-01
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
Tax Legal
- MLS Area Major
- 044 - Laurel County
- Subdivision Name
- Commercial
Interior
- Living Area Units
- Square Feet
- Building Area Source
- Other
- Building Area Units
- Square Feet
- Living Area
- 0
- Building Area Total
- 0
More Information
Building
- Year Built
- 9999
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 15
- Lot Size Square Feet
- 653400
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.
Tax & Legal
- Tax Rate
- 7.78
- Zoning
- Other
- Zoning Description
- Not zoned, outside city limits
- 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.
Association/Community
- Number Of Buildings
- 0
Utilities
- Electricity Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Possession
- Close Of Escrow
- Yes
Business Type
- Commercial
- Yes
- Food & Beverage
- Yes
- Hotel/Motel
- Yes
- Mixed
- Yes
- Professional Service
- Yes
- Professional/Office
- Yes
- Restaurant
- Yes
- Retail
- Yes
Sale Includes
- Land
- 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
Business Type:
Commercial; Food & Beverage; Hotel/Motel; Mixed; Professional Service; Professional/Office; Restaurant; Retail
Possession:
Close Of Escrow
Sale Includes:
Land
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.