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    311 Spangler Dr, Unit 220 Richmond, KY 40475

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    311 Spangler Dr, Unit 220 Richmond, KY 40475


    • Office buildings
    • 16,166 SF
    • 1.73 lot acres
    Richmond Office Space For Sale For Sale
    $2,215,000
    1,570 SF

    Richmond Office Space For Sale

    Office spaces with private restrooms and secured overflow parking.

    311 Spangler Drive 200, Richmond, KY 40475
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kentucky River Foothills Development Council, Inc. / Social Service Agency / Charitable Organization
    • Ky River Foothills Family / Social Service Agency / Charitable 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
      OFFICE BUILDING
      $1,350,000
      Current use
      COMMERCIAL (GENERAL)
      $1,845,000
      Change: +37% Conversion: Easy

    Get a detailed, property-specific estimation — 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
    View Listing
    More about this property
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