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19 Aug The Pulse – $8.5m Office Sale on Sherwood + BTR Airport Expanding Boundary

Posted at 12:00h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments
A weekly update on the commercial real estate landscape of Baton Rouge.

Commercial Sales Recorded Last Week

4000 S Sherwood Forest Blvd $8,525,000
Buyer: 4000 Sherwood LLC & Sherwood 4 LLC $109/SF
Elifin’s Notes: Iconic South Sherwood Forest Blvd office building sold to investors, David Divincenti, Jr and Patrick Cusick.
2623 Government St $660,000
Buyer: RKB Investments LLC $103/SF
Elifin’s Notes: Investment group purchases Taylor Clark building in mid-city.
12481,12483 Warfield Ave $107,000
Buyer: William Koart $53,500/Unit
Elifin’s Notes: Duplex near Florida Blvd and S Sherwood Forest sells for $53,500 per unit.
4637 Florida Blvd $275,000
Buyer: D’Argent Companies LLC $6/SFofLand
Elifin’s Notes: Vacant land next to Auto Zone on Florida Blvd near N Foster Dr sold.
8055 Airline Hwy $599,000
Buyer: F9 Properties LLC $57/SF
Elifin’s Notes: Best Buy Carpet & Floor site on Airline Hwy near Tom Dr sold to investor.
1639 Starboard Dr $166,000
Buyer: Brandon Curtis $41,500/Unit
Elifin’s Notes: 2 bedroom, 2 bath 4-plex off GSRI Ave sells for $41,500 per unit.
13651, 13653 Goodwood Dr $127,000
Buyer: Dinh Huu Nguyen $63,500/Unit
Elifin’s Notes: Duplex near intersection of S Flannery Rd and Goodwood Blvd sells for $63,500 per unit.
20979, 20981 Old Scenic Hwy $204,000
Buyer: Parish Investment Group LLC $102,000/Unit
Elifin’s Notes: Duplex in Zachary sells for $102,000 per unit.
4467 Arnold Ln $329,620
Buyer: Marcantel-Hymel Development, LLC $87/SF
Elifin’s Notes: Commercially zoned, 200 year old home (previously Courtyard Gifts and Interiors) near the intersection of Airline Hwy and Jefferson Hwy sold to development group.
7840 Florida Blvd $315,000
Buyer: Kendall Fontenot $79/SF
Elifin’s Notes: Building leased to Resting Place Funeral Home on Florida Blvd sold.

 

Upcoming Planning Commission Cases

  • BTR Airport Expanding Boundary 
    • Submitted January 10th, 2019 by Metropolitan Council. Proposed rezoning to General Airport (GA) of 60,000,000 SF of land surrounding the airport. See Staff Report for new boundaries.
    • Staff Report – View on Map
  • Woodstock Park – Subdivision proposed on old BREC Park
    • Submitted May 30th, 2019 by Burbank Highlands, LLC. Proposed major low density subdivision on Nicholson Dr (Hwy 30) south of LSU Campus. Location is on land recently sold by BREC. Planned 213 lots and 5 common area tracts. Average size of proposed lots is 6,000 SF.
    • Staff Report – Application – View on Map

Commercial Permits Issued Last Week

ISSUED ADDRESS TYPE DESCRIPTION OWNER
08/12/2019 9270 SIEGEN LN BATON ROUGE LA 70810 Sign: Political House of Representatives #68 Tommy Dewey
08/12/2019 7434 STE A PICARDY AVE BATON ROUGE LA 70808 Occupancy LAKE Wellness Center Hunter Perret
08/12/2019 2045 STE A N FOSTER DR BATON ROUGE LA 70802 Occupancy Beauty Shop. 500sf Jessica Williams
08/12/2019 3836 S LAKESHORE DR BATON ROUGE LA 70808 Sign: Political Clerk of Court Doug Welborn
08/12/2019 10707 INDUSTRIPLEX BLVD BATON ROUGE LA 70809 Gas Test gas test Kristin Miesch
08/12/2019 100 NORTH ST BATON ROUGE LA 70802 Commercial: Remodel Interior renovation to 2,600 portion of existing 9th floor of existing office bldg. for continued Business office use. Joey  Lambert
08/13/2019 4000 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816 Occupancy Office building. Main building 2/2
08/13/2019 860 EDDIE ROBINSON SR DR BATON ROUGE LA 70802 Occupancy Social Club Mr. Emery
08/13/2019 4000 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816 Occupancy Office building. Main building 1/2
08/13/2019 3029 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816 Commercial: Remodel Interior renovations of 3,900 s.f. in Suite A to an existing building of 11,461 s.f., for Business use.
08/13/2019 10844 KINGFISHER AVE BATON ROUGE LA 70807 Occupancy New tenant Henry Grimes
08/13/2019 7529 CORPORATE BLVD BATON ROUGE LA 70806 Mechanical Replace 5 existing air conditioning units at Whole Foods at 7529 Corporate Boulevard, Baton Rouge, La 70809.
08/13/2019 14940 AIRLINE HWY BATON ROUGE LA 70809 Sign: Off Premise Billboard sign installation at 10’6 by 36′. Illuminated. Scott Snyder
08/13/2019 11616 INDUSTRIPLEX BLVD BATON ROUGE LA 70809 Electrical repairing meter lugs Rebecca Campbell
08/13/2019 10505 AIRLINE HWY BATON ROUGE LA 70816 Sign: Off Premise Billboard installation at 12′ by 6′. Illuminated. Scott Snyder
08/13/2019 10235 JEFFERSON HWY BATON ROUGE LA 70809 Commercial: New New construction of 5,382 s.f. Bldg. 5, and with 209 s.f. covered porch for single tenant Business use as dental office, in Metro Office Park. (See 94318 for civil & parking lot drawings) Aimee Russo-Mounger
08/13/2019 10090 STE B BLUEBONNET BLVD BATON ROUGE LA 70810 Occupancy Animal Hospital (vet services)
08/13/2019 10090 BLUEBONNET BLVD BATON ROUGE LA 70810 Occupancy Animal Hospital (vet services)
08/14/2019 13200 AIRLINE HWY BATON ROUGE LA 70809 Sign: On Premise 4 wall signs: (1) Price Leblanc Lexus sign at 45’4 by 1’6, (2) lexus emblems at 5′ by 7’1, (1) service sign at 1′ by 11′. Illuminated. Clifton Leblanc
08/14/2019 5010 MANCUSO LN BATON ROUGE LA 70809 Commercial: New New construction of mail kiosk of 550 s.f. to serve existing apartment complex.
08/14/2019 2625 N 38TH BATON ROUGE LA 70802 Occupancy Arcade/Pool Hall. 500sf Vincent Lenguyen
08/14/2019 10624 CHERRY HILL AVE BATON ROUGE LA 70816 Occupancy warehouse. 4000sf
08/14/2019 10330 AIRLINE HWY BATON ROUGE LA 70809 Occupancy recruiting office for Army
08/14/2019 8789 DARBY AVE BATON ROUGE LA 70806 Damage Assessment TREE FELL ON HOUSE. Damaged areas include roofing carport , den and utilities Carranza Guidry
08/14/2019 3976 TYRONE DR BATON ROUGE LA 70808 Fence 8′ tall wood fence to enclose property Jeremy Spikes
08/14/2019 2600 E LAKESHORE DR BATON ROUGE LA 70808 Fence 48 Aluminum Fencing w/ (4) 18×18-48 brick columns – has fence contractor license Carter Terral
08/14/2019 10324 GERALD DR BATON ROUGE LA 70815 Electrical Tree fell and broke the weatherhead Grace
08/14/2019 323 FLORIDA ST BATON ROUGE LA 70801 Electrical School , we are scheduling a utility outage to replace main 400 amp breaker in meter center . Mike Crouch
08/14/2019 12400 JEFFERSON HWY BATON ROUGE LA 70816 Occupancy existing apartment Keisha Johnson
08/15/2019 3535 STE 237 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816 Occupancy: Clean 2000sf clean & show Last permitted as storage space. O-200619824 Herman Johnson
08/15/2019 4343 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816 Occupancy Sports Bar
08/15/2019 8850 AIRLINE HWY BATON ROUGE LA 70806 Mechanical Business office
08/15/2019 10235 JEFFERSON HWY BATON ROUGE LA 70809 Commercial: Shell New SHELL construction of 7,980 s.f. with 980 s.f. porch for Business occupancy, as Bldg. 4, with 5 suites: A-E. (See 94318 for civil & parking lot drawings.) Steven Duplechain
08/15/2019 8735 SUMMA AVE BATON ROUGE LA 70809 Occupancy HOSPITALITY BUSINESS MINESH PATEL
08/15/2019 855 S STARING LN BATON ROUGE LA 70820 Commercial: New New construction of 1,689 s.f. restaurant and parking/site work to serve including a mitigation/retention area pond. Seating for 37. Business occupancy with occupant load less than 50 persons.
08/15/2019 10144 PATRIOT DR BATON ROUGE LA 70816 Occupancy Office Building for our company Robin Welle
08/15/2019 10530 AIRLINE HWY BATON ROUGE LA 70809 Sign: Off Premise Billboard installation at 12′ by 6′. Illuminated. Fabric Warehouse
08/15/2019 1555 STE 8 COTTONDALE DR BATON ROUGE LA 70815 Occupancy Fitness Facility
08/15/2019 6400 STUMBERG LN BATON ROUGE LA 70816 Sign: Off Premise Billboard sign installation at 12′ by 6′. Illuminated. Scott Snyder
08/16/2019 3239 CARLOTTA ST BATON ROUGE LA 70802 Commercial: Remodel Remodel of 4 plex apartment, Unit A of 500 s.f.. Scope of work includes update electrical wiring, replace damaged wood, replace sheetrock and plumbing fixtures. Installing a new A/C unit.
08/16/2019 3213 STE B MONTERREY DR BATON ROUGE LA 70814 Occupancy Office Suite
08/16/2019 3245 Carlotta Baton Rouge LA 70806 Commercial: Remodel Remodel of 4 plex apartment Unit A of 500 s.f.. Scope of work includes update electrical wiring, replace damaged wood, replace sheetrock and plumbing fixtures. Installing a new A/C unit.
08/16/2019 4615 PERKINS RD BATON ROUGE LA 70808 Sign: On Premise 4 wall signs at. (2) M emblems at 3.5′ by 4′, (2) Mcdonald’s signs at 2′ by 16’5. Illuminated. Jason  Guidry
08/16/2019 9035 BLUEBONNET BLVD BATON ROUGE LA 70810 Occupancy Interior decorating consultation office. 1000sf David Cohn
08/16/2019 11931 A-D RICHCROFT AVE BATON ROUGE LA 70814 Occupancy Non profit organization, Model RailRoad Club David Vercher
08/16/2019 675 WOODDALE BLVD BATON ROUGE LA 70806 Commercial: Remodel HURRICANE DAMAGE. Remodel of multiple units in Bldgs. 10 and 11 from tree damage during storm. This permit is for Bldg. 11. Scope of work is repairing roof and EXTERIOR DAMAGE ONLY. NO INTERIOR WORK. Owners/Tenants will need to submit for interior remodel permits for damaged units.
08/16/2019 3241 Carlotta Baton Rouge LA 70806 Commercial: Remodel Remodel of 4 plex apartment Unit A of 500 s.f.. Scope of work includes update electrical wiring, replace damaged wood, replace sheetrock and plumbing fixtures. Installing a new A/C unit.
08/16/2019 2360 MONTERREY BLVD BATON ROUGE LA 70815 Occupancy Dance Studio
08/16/2019 2156 STE 500 A WOODDALE BLVD BATON ROUGE LA 70806 Occupancy Used Car Dealership. Business inside of a business. Mr. Griffin

 

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