1509 Bull Lea Road, Lexington, KY 40511
$1,700,000
Property Type:
Commercial Sale
Square Footage:
15,000
Lot Size (sq. ft.):
86,684
Status:
Closed
Current Price:
$1,700,000
List Date:
2/17/2025
Last Modified:
9/03/2025
Overview
Description
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1509 Bull Lea Rd. is a single-story free standing office/lab/R&D building, built in 2002, steel/concrete/masonry construction, rubber membrane roof, wet sprinkler system, monument and directory signage, appx. 73 parking spaces with reciprocal parking, gas heat, electric cooled HVAC eight rooftop units of at least six tons each.
Property Highlights:
-7,500 SF turnkey lab space ideal for an owner-occupant.
-New roof installed in 2024 with significant HVAC replacements over the last 5 years.
-Located in the Coldstream Research Campus appx. 1.5 miles from I-75.
-73 parking spaces with additional reciprocal parking.
-Single-story, free standing, Class A construction.
University of Kentucky's Coldstream Research Campus is a premier business location in the heart of the world-famous Kentucky Bluegrass Region. Once a prominent Kentucky horse farm, Coldstream's 735-acre campus has transitioned into a hub of innovation and creativity. Today, Coldstream is home to over 50 organizations with more than 2,250 employees working in biotechnology, pharmaceuticals, equine health, and a variety of other industry sectors.
Listing Details MLS# 25002878
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Office
Status Change Information
- Status Change Timestamp
- 2025-06-24
- Purchase Contract Date
- 2025-04-12
- Close Date
- 2025-06-24
- Close Price
- 1700000
Address
- County
- Fayette
- Street Number
- 1509
- Street Name
- Bull Lea
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40511
- Parcel Number
- 38031080
Contract
- Original List Price
- 1850000
- Start Showing Date
- 2025-02-17
- Listing Contract Date
- 2025-02-17
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Vacant
- Office Exclusive YN
- No
- List Price/SqFt
- 123.33
- Sold Price/SqFt
- 113.33
- SP/LP
- 0.92
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- Commercial
Interior
- Living Area
- 15000
- Building Area Total
- 15000
More Information
Parking Information
- Parking Total
- 56
Building
- Year Built
- 2000
Lot
- Lot Size Acres
- 1.99
- Lot Size Square Feet
- 86684.48
Remarks
- Public Remarks
- 1509 Bull Lea Rd. is a single-story free standing office/lab/R&D building, built in 2002, steel/concrete/masonry construction, rubber membrane roof, wet sprinkler system, monument and directory signage, appx. 73 parking spaces with reciprocal parking, gas heat, electric cooled HVAC eight rooftop units of at least six tons each. Property Highlights: -7,500 SF turnkey lab space ideal for an owner-occupant. -New roof installed in 2024 with significant HVAC replacements over the last 5 years. -Located in the Coldstream Research Campus appx. 1.5 miles from I-75. -73 parking spaces with additional reciprocal parking. -Single-story, free standing, Class A construction. University of Kentucky's Coldstream Research Campus is a premier business location in the heart of the world-famous Kentucky Bluegrass Region. Once a prominent Kentucky horse farm, Coldstream's 735-acre campus has transitioned into a hub of innovation and creativity. Today, Coldstream is home to over 50 organizations with more than 2,250 employees working in biotechnology, pharmaceuticals, equine health, and a variety of other industry sectors.
Building and Property Details
- # of Drive-in Doors
- Yes
Showing Information
- Showing Instructions
- Call Listing Agent to Show.
Tax & Legal
- Tax Rate
- 1.2583
- Zoning Description
- P-2
- Directions
- Located in the Coldstream Research Campus off of Citation Blvd. and Newtown Pike 1.5 miles from I-75/64.
Association/Community
- Number Of Buildings
- 1
Listing Terms
- Lease Option
- Yes
Business Type
- Professional/Office
- Yes
Property Features
Business Type:
Professional/Office
Listing Terms:
Lease Option
Listing Office:
Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
