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Professional Office Building
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309-311 Spangler Drive, Richmond, KY 40475

Flexible office layouts include private restrooms, break rooms, conference space, and secured overflow parking.

Property Size25,375 SF
Price / SF$0.00
Days on Market915

Property Features for 309-311 Spangler Drive

General Information

Standard status Active
Size 25,375 SF
Property subtype Office
Zoning B-3 (Highway Business)
Lease Type NNN

Additional Details

Asking Price $2,700,000
Highway Access Yes

Amenities

private restrooms
break rooms
conference space
secured overflow parking

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Block & Lot Real Estate
Listed By: Amy Mellinger · License #210462
Source: Kcrea.resimplifi
Added: Mar 1, 2024 Changed: Aug 29 Last Checked: Sep 1 at 3:09PM

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 Block & Lot Real Estate

Investment Insights

Based on property information with market context.

The property comprises 25,375 square feet of professional office space at 309-311 Spangler Drive. Interior configurations include flexible floor plans with private restrooms, break rooms, and conference space, supporting a range of office requirements. The offering includes two office buildings, allowing an owner-user to occupy one building while retaining lease income from the other, as described in the property information.

Zoned B-3 (Highway Business), the site is positioned minutes from I-75 and near the Richmond Bypass. Eastern Kentucky University and major retailers including Starbucks, Meijer, Chick-fil-A, and The Richmond Centre are also identified nearby. The Richmond Centre is a 120-acre retail destination with national anchors. Secured overflow parking is available on site.

Key Highlights

  • 25,375 square feet of professional office space
  • Two office buildings at 309‑311 Spangler Drive
  • B‑3 (Highway Business) zoning

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Building Supply Pharmacy HVAC Service Big Box & Wholesale Store

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

654
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 - Flexible office layouts include private restrooms, break rooms, conference space, and secured overflow parking.
Where is this office building located?
The property is located at 309-311 Spangler Drive Richmond, KY.
What are key features of this property?
This property features: 25,375 square feet of professional office space; Two office buildings at 309‑311 Spangler Drive; B‑3 (Highway Business) zoning
More about this property
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