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London/Laurel County Property

London/Laurel County Property

A total of 267 acres of city and county property is available in London and Laurel County.

Conveniently located along I-75, Laurel County is 75 miles from Lexington, Ky., and less than 100 miles from Knoxville, Tenn. Between 35,000 and 39,000 cars per day pass through the county along I-75, which runs from Michigan to Florida.

 

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The property is:

  • A total of 267 acres with any acre range available.
  • A mix of locations in the city and along state parkways.
  • Well-suited for retail or commercial with some residential.

More about Laurel County and Kentucky:

  • The population of London is 8,000, and Laurel County is 60,000.
  • Since 2011 in Laurel County, more than $43 million in investments have led to business locations and expansions that are expected to create up to 2,300 new jobs.
  • Laurel County has a large, available and affordable labor pool, where the average weekly wages are more than 30 percent below the national average.
  • There are 10 four-year colleges and universities as well as several community and technical colleges within 60 miles of the county.
  • London is home to the state-of-the-art Kentucky Highlands Innovation Center, which is also one of only 13 centers named part of Kentucky Innovation Network – designed to support and encourage entrepreneurial start-ups and business expansions.
  • Kentucky’s business costs are among the lowest in the country. A 2012 CNBC report ranked Kentucky’s business costs the lowest in the United States and fourth in cost of living.
  • Kentucky has the lowest cost of electricity in the industrial sector among states east of the Mississippi River, the fourth lowest nationally and nearly 21 percent lower than the national average as of December 2013.
  • Kentucky ranks as the seventh most business-friendly state in the country for new firms and the sixth lowest cost state in the country for new corporate headquarters, according to a 2012 Tax Foundation report.