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    St Joseph Ln London, KY 40741

    Sponsored
    For Sale
    $4,950,000

    LAND - London, KY

    Lot size:
    15.00 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for St Joseph Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    062-00-00-031.00
    Lot size
    15.00 Acres

    Utilities

    Utilities
    Water Available

    United Country Bluegrass Realty & Auction 8540307

    Listing agent Shanna Sheperson (859) 854-0307

    Listing date Jan 6, 2026

    MLS# 26000314 Listing URL

    Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Development Land I-75 Exit

    This 15-acre tract is located directly off Exit 38, offering frontage and visibility from I-75. The property adjoins CHI St. Joseph Hospital and is situated along the primary access route serving the hospital. Located just outside the city limits, the property currently has no zoning restrictions, offering flexibility for development. It is suited 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 has a population of nearly 64,000 and average household incomes exceeding $71,000 annually. Gas stations, grocery stores, restaurants, and coffee shops are within a five-minute drive. Geotechnical site mapping has been completed, enhancing the property's readiness for development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    London
    County
    Laurel
    State
    Kentucky
    Longitude
    -84.105218
    Latitude
    37.116213

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    FAQs

    What type of property is this?
    Commercial land - Exceptional 15-acre development opportunity off I-75, London, Kentucky.
    Where is this commercial land located?
    The property is located at St Joseph Ln London, KY.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: - Prime 15+/- acre tract with prominent frontage and high visibility directly off I-75 (Exit 38).; - Adjoins CHI St. Joseph Hospital and sits along the primary access route, ensuring constant high traffic exposure.; - No zoning restrictions, offering outstanding flexibility for a wide range of development options.
    (859) 854-0307
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    St Joseph Ln London, KY 40741
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    St Joseph Ln London, KY 40741
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