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    309-311 Spangler Dr Richmond, KY 40475

    Sponsored
    For Lease
    $13 SF/Yr

    Multiple suites, 1,491-5,966 sq ft

    Lot size:
    9,244 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional office property, located at 309-311 Spangler Drive in Richmond, Kentucky, offers a total of 9,244 square feet of vacant space across two, two-story buildings. The property, built in 1980 and classified as Class C, features five total suites, with a minimum divisible space of 1,491 square feet and a maximum contiguous space of 5,966 square feet. The flexible layout allows for various tenancy options, accommodating businesses of different sizes. Amenities include elevators and ample parking, including a secured overflow lot. The property is zoned B-3 Highway Business, providing excellent visibility and accessibility. Its prime location offers convenient access to major retailers, including Starbucks, Meijer, Chick-fil-A, and The Richmond Center, a significant 120-acre retail development. Each suite offers features such as private restrooms, break rooms, and conference rooms, enhancing the overall functionality and comfort of the workspace. The property's APN is R002-0012-0002, and it's situated in Madison County, Kentucky, zip code 40475. This presents a unique opportunity for businesses seeking versatile and well-located office space in a thriving retail area.

    Property Features for 309-311 Spangler Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,244 SF
    Class
    C

    Building Details

    Year Built
    1980
    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    Building 309: Suite 100
    Size
    1,491 SF
    Rate per SF
    $13
    Space
    Building 309: Suite 120
    Size
    1,787 SF
    Rate per SF
    $13
    Space
    Building 311: Suite 200
    Size
    1,570 SF
    Rate per SF
    $13
    Space
    Building 311: Suite 210
    Size
    1,570 SF
    Rate per SF
    $13
    Space
    Building 311: Suite 220
    Size
    2,826 SF
    Rate per SF
    $13

    HighLights

    • Class A Office Building
    • Excellent I‑75 and Richmond Bypass Access
    • Private Restrooms in Suites
    • Adaptable Floor Plans
    • Secure Overflow Parking
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -84.3156886
    Latitude
    37.7354622

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    FAQs

    What type of property is this?
    Office Property / Space - Multiple suites, 1,491-5,966 sq ft
    Where is this office property / space located?
    The property is located at 309-311 Spangler Dr Richmond, KY.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Class A Office Building; Excellent I-75 and Richmond Bypass Access; Private Restrooms in Suites
    Request Owner's contact information
    309-311 Spangler Dr 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
    309-311 Spangler Dr Richmond, KY 40475
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