1509 Bull Lea Rd Lexington, KY 40511
Property Lookup
Property profile & analytics
1509 Bull Lea Rd Lexington, KY 40511
- Office buildings
- 15,000 SF
- 2.00 lot acres
Property ID
US34-0628890
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.
Location Intelligence
Current Use by Public Records
- E & H Integrated Systems Inc / IT Consulting Firm / (Bike/Boat/Book/etc) Store
Property Details for 1509 Bull Lea Rd
- Year built
- 2002
- Lot size
- 2.00 lot acres
- Property size
- 15,000 SF
- Zone code
- P-2
- Property type
- Office buildings
- APN
- 38031080
- APU
- 38031080
Description
This exceptional Class A office building, situated on a 1.99-acre lot at 1509 Bull Lea Road, offers 18,750 square feet of flexible space ideal for coworking or medical office uses. The single-story, steel/concrete structure features a rubber membrane roof and a wet sprinkler system. Ample parking is provided with approximately 73 spaces, supplemented by reciprocal parking. The building boasts modern amenities including gas heat, electric cooled HVAC (eight rooftop units, each at least six tons), monument and directory signage. Currently, 11,250 square feet is available, divisible into units ranging from 3,750 to 7,500 contiguous square feet. Two suites are immediately available. Suite 100, a 7,500-square-foot turnkey lab space, includes large lab rooms with built-in benches, chemical and vent hoods, a walk-in freezer, substantial storage with a 10' x 8' drive-in door, four private offices, and a kitchenette. Suite 300 offers 3,750 square feet of office/lab space, featuring four private offices, a large conference room, three smaller lab rooms, and a larger open lab/warehousing area with a 10' drive-in door. Both suites are available for occupancy. The building is conveniently located approximately 1.5 miles from Interstate 75, in the heart of UK's Coldstream Research Campus, and zoned P-2. Rent is $14 per square foot plus NNN. The building was constructed in 2000 and features a 4.86/1,000 SF parking ratio.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,855,000
- AI Estimate
- $1,855,000
Market price range: $1.86M - $4.14MMarket price range: $1.86M - $4.14M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,785,000 Current use
- MEDICAL BUILDING
- $3,085,000 Change: +11% Conversion: Easy
- RETAIL STORES
- $2,915,000 Change: +5% Conversion: Moderate
- WAREHOUSE, STORAGE
- $2,620,000 Change: -6% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.4958
- Latitude
- 38.089
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN 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
$12,753
$0.00
$0.00
$1,031,300
-
$0.00
$0.00
$1,031,300
