Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

311 Spangler Dr, Unit 220 Richmond, KY 40475

  • Office buildings
  • 16,166 SF
  • 1.73 lot acres
For Lease
Last Sale
Jul 29, 2022
$2,150,000
Value Estimations
$2,185,000
Cap Rate Potential
Location Intelligence
Property ID
US34-1183176
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Kentucky River Foothills Development Council, Inc. / Social Services Organization / Social Welfare Center
  • Ky River Foothills Family / Social Services Organization

Property Details for 311 Spangler Dr

Lot size
1.73 lot acres
Property size
16,166 SF
Property type
Office buildings
APN
R002-0012-0002
APU
R00200120002

Description

This exceptional commercial property, located at 311 Spangler Drive Unit 200 in Richmond, Kentucky, presents a unique opportunity for businesses seeking flexible and conveniently located office space. The property encompasses approximately 1.73 acres and offers a contiguous office space ranging from approximately 1,491 to 5,966 square feet. The building boasts a professional design and includes several desirable features designed to enhance productivity and comfort. Individual office suites offer private restrooms, adding a level of privacy and convenience. Shared spaces such as break rooms and conference rooms are also available, fostering collaboration and providing amenities for employees. The flexible floor plan allows for customization to suit a variety of business needs and sizes. Furthermore, the property benefits from a secured overflow parking lot, ensuring ample parking for employees and clients. Its strategic location offers excellent proximity to Interstate 75 and the Richmond Bypass, providing easy access to major transportation routes. The surrounding area is also home to a vibrant retail scene, with nearby establishments including Starbucks, Meijer, Chick-fil-A, and The Richmond Center, a significant 120-acre retail development. This combination of features, location, and accessibility makes this property an ideal choice for businesses seeking a high-quality office environment in a thriving community. The asking price is $14 million.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,345,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,698,000
    Market price range: $900k - $1.70M
    AI Estimate
    $1,698,000
    Market price range: $900k - $1.70M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,845,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Richmond
County
Madison
State
Kentucky
Longitude
-84.316
Latitude
37.7352
CBSA code
40080
CBSA name
RICHMOND-BEREA, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,220
$0.00
$0.00
$2,600,000
-
$0.00
$0.00
$2,600,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message