Listing Agency: CENTURY 21 Advantage Realty · Century 21 Real Estate s***@century21advantage.com Show Phone

Listed By: Neva Butcher-Philpot Show Phone

Added: Nov 17, 2022 Changed: May 14 Last Checked: Aug 12 at 10:06PM

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MLS# 22025305

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Investment Insights

Based on property information with market context.

This 0.73-acre commercial lot is located in downtown London, Kentucky, at the corner of 5th and Mill Street. The property's location is characterized by high traffic, potentially providing a steady flow of customers for businesses or units constructed on the site. The property is located in Laurel County, with the postal code 40741.

Key Highlights

• Prime downtown city location.
• High traffic commercial lot.
• Corner lot on 5th & Mill Street.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Parking Lot & Garage HVAC Service Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

638

Businesses Nearby

Explore this area Business Placement

Demographics for 40741, KY

23,327

Population

10,344

Households

2.3

Avg Household Size

41

Median Age

19%

College-Educated

85%

High-School Grad

207.6 sq mi

ZIP Area

112

Density / Sq Mi

$60,417

Median Household Income

$38,078

Median Earnings

$825

Median Rent

$155,600

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - High-traffic commercial lot suitable for various business ventures.

Where is this commercial land located?

The property is located at 507 W 5th Street London, KY.

What is the asking price?

The asking price for this property is $295,000.

What are key features of this property?

This property features: Prime downtown city location.; High traffic commercial lot.; Corner lot on 5th & Mill Street.