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    151 Hanger Cir Richmond, KY 40475

    New
    For Sale
    $3,500,000

    COMMERCIAL - Richmond, KY

    Property size:
    23,812 SF
    Lot size:
    6.50 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 13 at 9:06 am

    Property Features for 151 Hanger Cir

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-2
    APN
    054B-0007-0007
    Size
    23,812 SF
    Lot size
    6.50 Acres

    Building Details

    Year built
    1989
    Floors in Building
    1
    Building materials
    Steel Frame
    Roof type
    Metal

    The Urban Groupe 2698890

    Listing agent Briana Rubin (859) 269-8890

    Listing date Dec 11, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Richmond Industrial Building For Sale

    Located in the Richmond Industrial Park in Richmond, Kentucky, this industrial building is available for sale. The former production facility, used for manufacturing specialty parts, includes all manufacturing equipment. The 23,812 square foot building is situated on 6.5 acres, with approximately 2 acres of surplus land available for potential expansion. The building features 2,870 square feet of general office and lab space, 4,340 square feet of climate-controlled manufacturing space, and 16,602 square feet of general manufacturing warehouse space. The property is located approximately 4 minutes from Interstate 75. A $52 million dollar sports complex is under construction in the immediate vicinity, with an anticipated completion date in 2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Diversified Tool & Development, ... Tool Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.323387
    Latitude
    37.765449

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    FAQs

    What type of property is this?
    Manufacturing property - Industrial building with surplus land in Richmond Industrial Park.
    Where is this manufacturing property located?
    The property is located at 151 Hanger Cir Richmond, KY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Includes all manufacturing equipment – utilize or sell!; - Located in the Richmond Industrial Park, just 4 minutes from Interstate 75.; - 23,812 SF building on 6.5 acres with approximately 2 acres of surplus land for potential expansion.
    (859) 269-8890
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    151 Hanger Cir Richmond, KY 40475
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    Richmond, KY 40475
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    151 Hanger Cir Richmond, KY 40475
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