The Pulse BR: Iconic Chinese Inn property on Airline sells

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension.

Commercial Sales Recorded Last Week

1617 Hwy 30, Gonzales, LA 70737
1617 Hwy 30, Gonzales, LA 70737

Type: Industrial
Price: $3,500,000 ($212.12 / SF)
Buyer: Elliott Partners Ltd
Elifin’s Notes: Elliott Partners Ltd purchases their industrial location at the hard corner of East Highway 30 and South Darla Avenue.

11559 Florida Blvd, Baton Rouge, LA 70815
11559 Florida Blvd, Baton Rouge, LA 70815

Type: Retail
Price: $1,600,000 ($20.78 / SF)
Buyer: LSY Property, LLC
Elifin’s Notes: The former Albertson’s sells on Florida Blvd at N Sherwood Forest Dr.

Tract W Hwy 431, Saint Amant, LA 70774
Tract W Hwy 431, Saint Amant, LA 70774

Type: Land
Price: $1,575,000 ($1.15 / Land SF)
Buyer: Ascension Parish School Board
Elifin’s Notes: Ascension Parish School Board purchases a 31.3+ acre parcel of land next to Lake Elementary School on Highway 431.

Parcels 5-1, UR 5-1 Hwy 73, Prairieville, LA 70769
Parcels 5-1, UR 5-1 Hwy 73, Prairieville, LA 70769

Type: Land
Price: $1,341,872 ($14.85 / Land SF)
Buyer: Ascension Parish Government
Elifin’s Notes: Ascension Parish purchases land for the Hwy 73 to Bluff Road Connector Project.

1721 Hwy 30 W, Gonzales, LA 70737
1721 Hwy 30 W, Gonzales, LA 70737

Type: Land
Price: $703,836 ($9.79 / Land SF)
Buyer: Elliott Partners Ltd
Elifin’s Notes: Elliott Partners Ltd purchases a 1.6+ acre tract of land fronting on Hwy 30.

7531 E Industrial Ave, Baton Rouge, LA 70805
7531 E Industrial Ave, Baton Rouge, LA 70805

Type: Industrial
Price: $427,000 ($61.00 / SF)
Buyer: Miremont Properties, LLC
Elifin’s Notes: An industrial property changes hands on Industrial Avenue.

9854 Professional Blvd, Baton Rouge, LA 70809
9854 Professional Blvd, Baton Rouge, LA 70809

Type: Office
Price: $420,000 ($140.00 / SF)
Buyer: RWP Holdings LLC
Elifin’s Notes: RWP Holdings LLC acquires an office property on Professional Boulevard near Costco.

9449 Airline Hwy, Baton Rouge, LA 70815
9449 Airline Hwy, Baton Rouge, LA 70815

Type: Retail
Price: $390,000 ($47.58 / SF)
Buyer: 9449 Airline Hwy LLC
Elifin’s Notes: The iconic Chinese Inn restaurant property on Airline Highway changes ownership.

2819, 2829 Needham Dr, Baton Rouge, LA 70814
2819, 2829 Needham Dr, Baton Rouge, LA 70814

Type: Industrial
Price: $315,000 ($52.50 / SF)
Buyer: B R P G L L C
Elifin’s Notes: A pair of industrial warehouse properties change ownership on Needham Drive.

638 Penalver St, Baton Rouge, LA 70802
638 Penalver St, Baton Rouge, LA 70802

Type: Office
Price: $270,000 ($168.75 / SF)
Buyer: Capital Area Finance Authority
Elifin’s Notes: The Capital Area Finance Authority acquires an office property on Penalver Street.

6446, 6456, 6464 Renoir Ave, Baton Rouge, LA 70806
6446, 6456, 6464 Renoir Ave, Baton Rouge, LA 70806

Type: Industrial
Price: Withheld
Buyer: Douglas, Judy; Douglas, Donald
Elifin’s Notes: A trio of industrial properties sell in the Woodale Industrial area.

15151 Florida Blvd, Baton Rouge, LA 70819
15151 Florida Blvd, Baton Rouge, LA 70819

Type: Office
Price: Withheld
Buyer: Direct Administration Inc
Elifin’s Notes: Direct Administration Inc, purchases a former call center property along with a 9+ acre tract of vacant land near O’Neal Lane.

Lot 7-A-1-A N 5th St, Baton Rouge, LA 70802
Lot 7-A-1-A N 5th St, Baton Rouge, LA 70802

Type: Land
Price: Withheld
Buyer: River Bark LLC
Elifin’s Notes: Local businessman purchases a 0.2+ acre parcel on North 5th Street in Downtown Baton Rouge.

804, 816 Main St, Baton Rouge, LA 70802
804, 816 Main St, Baton Rouge, LA 70802

Type: Office
Price: Withheld
Buyer: 804 Main Street Holdings LLC
Elifin’s Notes: The Creative Bloc office property changes ownership on Main Street in Downtown Baton Rouge.

6721 Exchequer Dr, Baton Rouge, LA 70809
6721 Exchequer Dr, Baton Rouge, LA 70809

Type: Retail
Price: Withheld
Buyer: 4J Holdings I LLC
Elifin’s Notes: A restaurant property changes ownership on Exchequer Drive.


Commercial Permits Issued Last Week


Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

Elifin Realty
marketing@elifinrealty.com
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