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2134 Parker Rd 9.36 Acres of Commercial Land Offered at $1,000,000 in London, KY 40741

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INVESTMENT HIGHLIGHTS

  • Located near I-75 Exit 38 with direct access to Highway 192
  • Adjacent to CHI St. Joseph Health and Buffalo Trace development
  • Conceptual multifamily site plan included in brochure
  • Zoned R-1 for multifamily, mobile home parks, or outpatient use
  • Includes existing ±1,483 SF residential structure
  • Strong local demographics with $70K+ average household income

EXECUTIVE SUMMARY

The property benefits from excellent proximity to CHI St. Joseph Health and the newly developed 148-acre Buffalo Trace Warehouse project, positioning it within a corridor of active growth and infrastructure investment. With convenient access to I-75, the site is well-connected to regional transportation routes and commercial amenities. Laurel County’s 2024 demographics reflect a stable and upward-trending market, with a population of over 63,000 and average household income exceeding $70,000. The conceptual site plan included in the brochure suggests strong potential for multifamily development, supported by the area's demand for quality housing options. This tract offers developers a rare chance to acquire a sizable, well-located parcel with flexible zoning and immediate access to healthcare, logistics, and retail anchors. Whether for build-to-rent, senior living, or traditional multifamily, the site’s location and zoning support a variety of residential strategies.

PROPERTY FACTS

Price $1,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Manufactured Homes or Mobile Home Park
Total Lot Size 9.36 AC
Zoning R-1 - Residential for various uses such as multifamily development, mobile home parks, outpatient facilities, etc.

1 LOT AVAILABLE

Lot

Price $1,000,000
Price Per AC $106,837.61
Lot Size 9.36 AC

Located just off Highway 192 near I-75 Exit 38, this parcel offers a prime opportunity for residential development in growing London, Kentucky. The site includes an existing ±1,483 SF residential dwelling and is zoned R-1, allowing a range of uses

DESCRIPTION

NAI Isaac is pleased to present +/-9.36 AC of residential development land for sale in London. Great location in London just off I-75 At Exit 38. London’s southern location is just minutes from Interstate 75, the major North-South corridor in the Eastern US. This interstate brings prosperity, enterprise, industry and resources to Laurel County, which lines its route. London also benefits from the Daniel Boone Parkway which provides access to Eastern Kentucky. KY 80 offers easy access to Somerset, Kentucky and Lake Cumberland.

  • Listing ID: 37820824

  • Date on Market: 9/25/2025

  • Last Updated:

  • Address: 2134 Parker Rd, London, KY 40741

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