Financial
Distress signals
Property profile

311 Spangler Dr Richmond, KY 40475

OFF-MARKET
Office buildings
Property ID
US34-1183176
16,166 SF 1.73 ac lot
Last sale Jul 2022 · $2,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 309–311 Spangler Drive in Richmond, Kentucky consists of a professional office building with flexible floor plans that can be configured as contiguous spaces totaling approximately 1,491 to 5,966 square feet. The office areas are described as including private restrooms, break rooms, and conference rooms, and the building supports flexible use through contiguous space availability. The site includes a secured overflow parking lot. The property is located near retail amenities…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value$2.60M
Effective rate0.97%

Value estimate

· Sep 2026
$2.35M
$2.11M – $2.58M
Submarket $/SF estimate$1.70M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$56 – $105
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.2
Parking Facility11.2
Building Supply11.0

Location

311 Spangler Dr Richmond, KY 40475-2458
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1018 Ival James, Richmond, KY 40475-8280 $750,000 Aug 2025 9,827 SF
920 Barnes Ml, Richmond, KY 40475-3539 $1,400,000 Feb 2025 11,831 SF
2003 Merchant, Richmond, KY 40475-8167 $1,232,600 Jan 2023 12,652 SF
513 Hampton, Richmond, KY 40475-8680 $1,400,000 Jul 2022 13,428 SF
2013 Merchant, Richmond, KY 40475-6855 $1,300,000 Dec 2021 11,782 SF
100 Keystone, Richmond, KY 40475-8587 $70,000 Nov 2019 10,237 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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