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33682150
33681988

Saint Joseph Lane, London, KY 40741

SS
KY 245632
Baker Auctions & Real Estate
Listed by Baker Auctions & Real Estate
$4,895,000
3 days on market
Updated 3 days ago

Commercial Lot-St Joseph Ln

Details
Property Type Hospitality, Mixed Use (+1)
Sub Type Hotel, Residential (+1)
Acreage 15.000
Zoning None
Ground Lease No

Prime Commercial Development Opportunity – High Traffic/High-Visibility Land off I-75

Marketing description

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.

Investment highlights

Located directly off exit 38 with prominent frontage and high visibility from I-75, strong traffic exposure, and the infrastructure necessary to support a high-impact commercial/mixed-use development. The site has been identified as a strong candidate for hospitality, medical/professional offices, or large-format retail/mixed-use development, making it particularly attractive to established national brands looking to expand their footprint in a growing market.

Listing Contacts

SS
KY 245632
Baker Auctions & Real Estate
Listed by Baker Auctions & Real Estate

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Additional Information

Name
William Baker
License
212656
Brokerage
Baker Auctions & Real Estate
Title
Broker of Record
Brokerage Address
215 E 2nd St, Perryville, KY 40468
Name
Shanna Sheperson
License
245632
Brokerage
Baker Auctions & Real Estate
Brokerage Phone
606-510-1599
Brokerage Address
215 East 2nd Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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