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Freestanding Flex Space with Showroom
New
For Lease
$11 SF/Yr

916 Commercial Drive, Richmond, KY 40475

Commercial Lease, Richmond, KY

Space SizeContact for details
Lot Size2.00 Acres
Days on Market5

Property Features for 916 Commercial Drive

General Information

Property type Commercial Lease
Property subtype Retail
Zoning B-3
Directions Robert Martin Bypass to Berea Road, to left onto Commercial Drive, property will be on your left.
Subdivision 008 - Madison County
Standard status Active
APN R012-0005-0072
Size 13,580 SF
Lot size 2.00 Acres

Amenities

showroom space
private office
warehouse
drive-in doors

Building Details

Year built 1976
Listing Agency: Block + Lot Homes
Listed By: Gregory Leveridge · License #215416
Added: Aug 25 Changed: Aug 26 Last Checked: Aug 29 at 12:06AM
MLS# 26023279

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 13,580-square-foot freestanding flex property occupies 2 acres and is zoned B-3. The existing layout includes showroom space, private offices, warehouse area, and three drive-in doors. Built in 1976, the building is configured for dealership use and also accommodates a range of flex-style commercial applications.

The property is positioned on Commercial Drive near Highway 52 within Richmond’s Bypass corridor. The surrounding area includes high-density retail and residential development, providing a commercial setting with access to established activity along the corridor.

Key Highlights

  • 13,580‑square‑foot freestanding flex building
  • 2‑acre site zoned B‑3
  • Three drive‑in doors

Property Analytics

Current Use

Gates Select Car Dealership Gates Auto Outlet Car Dealership

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Storage Facility Electrical Service Veterinary Clinic

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

3
Drive-in doors
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Standalone commercial building with showroom, private offices, warehouse space, and multiple drive-in doors.
Where is this flex space located?
The property is located at 916 Commercial Drive Richmond, KY.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 13,580‑square‑foot freestanding flex building; 2‑acre site zoned B‑3; Three drive‑in doors
More about this property
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