Listing provided courtesy of Baker Auctions & Real Estate LLC- MLS# 26000314MLS Provider

0000 St Joseph LaneLondon, KY 40741

Vacant Land · 15.00 Acres
$4,895,000 Active

0000 St Joseph Lane Overview

Time on Site:
180 days
Visits:
7

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

0000 St Joseph Lane Facts & Features

  • Type Vacant Land
  • Lot 15.00 Acres

Details

General

Business Information

  • Current Use: Unimproved,Vacant

Location/Region

  • County Or Parish: Laurel
  • MLS Area Major: 044 - Laurel County
  • MLS Area Minor: 044 - Laurel County
  • Subdivision Name: Commercial

General Information

  • Parcel Number: 062-00-00-031.00
  • Possible Use: Commercial,Residential,Professional
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Features: Irregular Lot,Wooded
  • Lot Size Acres: 15.0
  • Lot Size Area: 15.0
  • Lot Size Square Feet: 653400.0
  • Lot Size Units: Acres
  • Elevation Units: Feet

General Information

  • Utilities: Electricity Available,Sewer Available,Water Available

0000 St Joseph Lane Neighborhood

Community

40741 (London) Demographics

39
Median Age
118
Population Density (per sq. mile)
25%
College Educated
$43,935
Estimated Median Income
6,321
Estimated Total Home Owners
2,960
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

0000 St Joseph Lane Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

0000 St Joseph Lane Market Data

Based on the last 30 days in this zip code

$387,180
Average List Price
$167
Average Price per Square Foot
14
Properties Sold
109
Average Days on Market
120
Properties for Sale
Calculations provided by Reliance Network

0000 St Joseph Lane History

Date Event Value Agent
5/28/2026Source: Imagine MLS/Bluegrass Price Reduction
$4,895,000 -1.1%
5/28/2026Source: Imagine MLS/Bluegrass Price Reduction
$4,895,000 -1.1%
2/21/2026Source: Imagine MLS/Bluegrass Added to Database
February 21, 2026
1/6/2026Source: Imagine MLS/Bluegrass Added to Database
January 06, 2026