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Three-Story Office Building
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1232 Lancaster Road, Richmond, KY 40475

Separate entrances on each level support flexible occupancy for multiple businesses or departments.

Property SizeContact for details
Days on Market132

Property Features for 1232 Lancaster Road

General Information

Standard status Active
Property subtype Industrial

Additional Details

Road Access Yes

Building Details

Buildings 1
Stories 3
Listing Agency: Coldwell Banker McMahan Richmond
Listed By: Helen Fardo · License #KY
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 6:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker McMahan Richmond

Investment Insights

Based on property information with market context.

This office property at 1232 Lancaster Road includes three floors, with an independent entrance serving each level. The layout can accommodate separate departments or multiple office users within one building. Interior facilities include one full bathroom and two half bathrooms, along with on-site parking for occupants and visitors.

The property is near EKU in Richmond and is currently occupied by an engineering firm. Its configuration provides a practical setting for professional office operations requiring distinct access points or several work areas.

Key Highlights

  • Three floors with a separate entrance for each level
  • One full bath and two half baths
  • On‑site parking for occupants and visitors

Property Analytics

Current Use

Dyer & Assoc General Contractor Molpus Timberland Management ... Professional Services

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Building Supply Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby

Demographics for 40475, KY

62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Separate entrances on each level support flexible occupancy for multiple businesses or departments.
Where is this office building located?
The property is located at 1232 Lancaster Road Richmond, KY.
What are key features of this property?
This property features: Three floors with a separate entrance for each level; One full bath and two half baths; On‑site parking for occupants and visitors
More about this property
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