Commercial Land with I-75
For Sale
$995,000
St Joseph Lane lot 1, London, KY 40741
LAND - London, KY
Lot Size2.00 Acres
Days on Market16
Property Features for St Joseph Lane lot 1
General Information
Property type
Land
Property subtype
Other
Lot features
Irregular Lot, Level, Wooded, Gentle Sloping
Directions
From S I-75, take exit 38 in London, KY. Turn right off the exit and take the first right onto Esquire Lane. Bear right on St. Joseph Lane. Property is on the left.
Subdivision
044 - Laurel County
Standard status
Active
APN
062-00-00-031.
Lot size
2.00 Acres
Utilities
Utilities
Water Available
Listing Agency:
Baker Auctions & Real Estate LLC
(859) 854-0307
Listed By:
Shanna Sheperson · License #245632
(606) 510-1599
Added: Jul 17
Changed: Jul 30
Last Checked: Aug 1 at 6:06PM
MLS# 26020371
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.
Investment Insights
Based on property information with market context.
This commercial land offering includes a 2-acre lot within a larger 15+/- acre parcel, located directly off Exit 38 with prominent visibility from I-75. The site adjoins CHI St. Joseph Hospital and sits along the primary access route serving the hospital, supporting consistent traffic exposure. The property is outside city limits and currently has no zoning restrictions, offering flexibility for a range of commercial and residential development concepts. The seller is willing to divide the property, with acreage and pricing to be determined.
Utilities available include water. A positive geotechnical site mapping has already been completed to support development planning. Local area demographics include a population of nearly 64,000 and average household incomes exceeding $71K annually, with additional conveniences such as gas stations, grocery stores, restaurants, and coffee shops within a five-minute drive.
Development ideas mentioned include hotels, medical or professional offices, restaurants, retail centers, shopping destinations, and luxury apartment communities.
Utilities available include water. A positive geotechnical site mapping has already been completed to support development planning. Local area demographics include a population of nearly 64,000 and average household incomes exceeding $71K annually, with additional conveniences such as gas stations, grocery stores, restaurants, and coffee shops within a five-minute drive.
Development ideas mentioned include hotels, medical or professional offices, restaurants, retail centers, shopping destinations, and luxury apartment communities.
Key Highlights
- 2‑acre commercial land lot within a 15+/- acre parcel
- Located directly off Exit 38 with prominent visibility from I‑75
- Adjoins CHI St. Joseph Hospital along the primary access route
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
10
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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Frequently Asked Questions
What type of property is this?
Commercial land - Water available commercial land parcel with prominent I-75 visibility for mixed-use development.
Where is this commercial land located?
The property is located at St Joseph Lane lot 1 London, KY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 2‑acre commercial land lot within a 15+/- acre parcel; Located directly off Exit 38 with prominent visibility from I‑75; Adjoins CHI St. Joseph Hospital along the primary access route
