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

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 ...

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.