City of Lafayette purchases two-story office building

The August 21, 2023 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $2.91M in disclosed volume. The headline deal: LAF-CITY, the City of Lafayette, paid $1.45M ($68.36/SF) for a two-story, 12-unit office building near the corner of West Congress Street and Guilbeau Road. Land led the week with three of the seven sales, including a vacant parcel on Hugh Wallis Road South near the Airport that ANGELLE PROPERTIES LLC added to its neighboring holdings for $285K, while Carencro-based investors paid $450K for a two-story industrial building in Scott.

By ELIFIN® Source: ELIFIN transaction database

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7Commercial sales recorded
$2.91MDisclosed volume (7 of 7 sales)
$1.45MLargest sale · 4010 W Congress St
3Land sales, the most active type

Commercial Sales Recorded Last Week 7 sales

4010 W Congress St

4010 W Congress St

  • Office

$1,450,000 $68.36 / SF

The City of Lafayette purchases the two-story, 12-unit, office building near the corner of West Congress and Guilbeau Road

BuyerLAF-CITY

2751 W Willow St

2751 W Willow St

  • Industrial

$450,000 $60.00 / SF

Carencro-based investors purchase a two-story industrial building property in Scott

BuyerSOUTHERN ADVANCE PROCESS SOLUTIONS LLC

1720 Kaliste Saloom Rd, Units C-6 & C-7

1720 Kaliste Saloom Rd, Units C-6 & C-7

  • Office

$285,000 $142.50 / SF

Two office condominium units sell within the Le Carre Condo Suites along Kaliste Saloom

Buyer1720 KALISTE SALOOM RD STE C LLC

1229 Hugh Wallis Rd S

1229 Hugh Wallis Rd S

  • Land

$285,000 $2.50 / Land SF

Angelle Properties LLC purchases a neighboring vacant parcel of land to their existing holdings in the area along Hugh Wallis South near the Airport

BuyerANGELLE PROPERTIES LLC

108 Business Park Drive #5

108 Business Park Drive #5

  • Land

$178,500 $6.83 / Land SF

Scott-based investor purchases a 0.6 acre parcel of vacant commercial land within a new business park along Verot School Road

BuyerARBOR & COMPANY PROPERTIES LLC

2400 S College Rd

2400 S College Rd

  • Land

$135,000 $4.56 / Land SF

Investor purchases a 0.6+ acre parcel of land along South College Road

BuyerA&A PROPERTY HOLDINGS LLC; ANDRIES, CONNOR

116 Fenetre Rd

116 Fenetre Rd

  • Multifamily

$125,000 $15,625 / unit

Investor purchases an 8-unit Mobile Home Park in Scott

BuyerMATSON PROPERTIES LLC

Commercial Permits Issued Last Week 38 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
917 S BUCHANAN STDemo (C)$20,000OFFICE BUILDINGO N/AC JARED RICHARD CONSTRUCTION, LLC, JARED RICHARD
1620 N UNIVERSITY AVESign – Wall Sign (C)$20,000N/AO N/AC BASS CUSTOM SIGNS LLC, DAVID SONNIER
5750 JOHNSTON STAddition / Alteration / Repair (C)$0Tenant FinishoutO N/AC NCM Contractors, Inc.
811 LAFAYETTE STAddition / Alteration / Repair (C)$0Renovation of existing building and siteO N/AC N/A
100 LEON DRAddition / Alteration / Repair (C)$0New Pavilion at Existing elementary SchoolO N/AC N/A
610 E BUTCHER SWITCH RDAddition / Alteration / Repair (C)$0New Pavilion at Existing elementary campus on existing slab.O N/AC N/A
438 E PONT DES MOUTON RDAddition / Alteration / Repair (C)$0EXISTING PROPERTY WITH A SLAB, A NEW PRE-ENGINEERED BUILDING WILL BE BROUGHT ON SITE AND A SCREENED BOILING PATIO SHALL BE ADDED ALONG WITH REQUIRED SITE FEATURES.O N/AC N/A
710 HUVAL STAddition / Alteration / Repair (C)$0N/AO N/AC N/A
2502 JOHNSTON STAddition / Alteration / Repair (C)$0remove old broken up paving and repave/strip while repairing subsurface in some areasO N/AC N/A
1921 KALISTE SALOOM RDAddition / Alteration / Repair (C)$0tenant renovation/build out of existing space. IIB construction.O N/AC N/A
1720 E MILTON AVEAddition / Alteration / Repair (C)$0Storage of personal property via customers.O N/AC N/A
4533 JOHNSTON ST #200Addition / Alteration / Repair (C)$0Tenant improvement – 1st tenant in newly constructed building shell in Landlord designated Building A, Suite 200. Work includes interior partitions, doors, finishes, millwork, electrical, plumbing and HVAC work.O N/AC N/A
Anderson RoadAddition / Alteration / Repair (C)$0Columbia Gulf Transmission, LLC is proposing to access their existing pipeline rights-of-way (ROW) to perform an integrity dig inspection and repair along their East Lateral Line 200 pipeline (natural gas transmission pipeline). The access road leading to their existing ROW is off Anderson Road and is an existing agricultural two-track road. The proposed workspace within their ROW is approximately 100'L x 75'W with a proposed excavation size of 20'L x 15'W; this dig will be on the edge of a crop field that will likely be sugar cane. The existing grade will not change (i.e., the site will be returned to preconstruction contours and elevations), no new impervious surfaces or structures will be created/installed, and no additional fill will occur within the FEMA floodplain.O N/AC N/A
215 A Laser LaneAddition / Alteration / Repair (C)$0Earthwork and drainage improvements for Moore Park soccer fieldsO Lafayette Consolidated Govt. Dept. of Public Works, Callie BentonC N/A
2000 W PINHOOK RDCommercial New Construction$0NEW COMMERCIAL- Amended address 2000 W Pinhook Rd Bldg 2O N/AC N/A
104 Westwood DrElectrical Standalone (C)$0Change out electrical panel in apt.#359, Building #26O Bayou ShadowsC N/A
104 Westwood DrElectrical Standalone (C)$0Change out electrical panel in apt.#361, Building #26O Bayou ShadowsC N/A
220 Wilkie StElectrical Standalone (C)$0Change out electrical panel in apt.#860, Building #17O Bayou ShadowsC N/A
104 Westwood Dtr. Apt.#448, Building #25Electrical Standalone (C)$0Change out electrical panel in apt.#448, Building #25O Bayou ShadowsC N/A
102 Westwood DrElectrical Standalone (C)$0Change out electrical panel in apt.#405, Building #28O Bayou ShadowsC N/A
102 perth placeElectrical Standalone (C)$0new service for common area, site lights, gate,& retention pondO Townhomes At MarbleheadC N/A
1400 CAMELLIA BLVDElectrical Standalone (C)$0Service for House panel near The ChimesO N/AC N/A
1144 COOLIDGE ST #CElectrical Standalone (C)$0Currently vacantO N/AC N/A
114 W VERMILION STElectrical Standalone (C)$0UPGRADE SERVICEO N/AC N/A
200 MERCHANTS BLVDElectrical Standalone (C)$0Replaced subpanel in apartment 128O N/AC N/A
200 MERCHANTS BLVDElectrical Standalone (C)$0Replaced subpanel in apartment 127O N/AC N/A
200 MERCHANTS BLVDElectrical Standalone (C)$0Replaced subpanel in apartment 229O N/AC N/A
2801 JOHNSTON STPlumbing Standalone (C)$0Fix gas leakO N/AC COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
811 FOREMAN DRPlumbing Standalone (C)$0GAS TESTO N/AC N/A
900 W SIMCOE STPlumbing Standalone (C)$0N/AO CSV GROCERY & LIQUORC JAMIE GUIDRY PLUMBING LLC, JAMIE GUIDRY PLUMBING LLC
202 RUE IBERVILLEPlumbing Standalone (C)$0install new backflow preventerO N/AC PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
1911 W CONGRESS STPlumbing Standalone (C)$0BACKFLOW PREVENTERO N/AC N/A
531 BERTRAND DRPlumbing Standalone (C)$0Backlow installation on containment. Water Meter #: W1217793 NEED ADDRESS TO BE VERIFIED-PLUMBING CONTRACTOR SAID LUS HAS THIS ADDRESS. Serial #: ABS2594 Located behind back of suite outside.O N/AC ACADIANA PLUMBING SERVICE LLC, DUSTIN R AUCOIN
2429 W CONGRESS STPlumbing Standalone (C)$0Backlow installation on containment. Water Meter #: W1210964 Serial #: 230147 Located behind back of building between suite #I & #H.O N/AC ACADIANA PLUMBING SERVICE LLC, DUSTIN R AUCOIN
713 BERTRAND DRPlumbing Standalone (C)$0Backlow installation on containment. Water Meter #: W1200795 Serial #: 230143 Located outside behind back of Snap Fitness suite.O N/AC ACADIANA PLUMBING SERVICE LLC, DUSTIN R AUCOIN
3020 N University AveSign – Wall Sign (C)$0N/AO N/AC N/A
555 RIDGE RDSign – Wall Sign (C)$0N/AO N/AC N/A
2502 S COLLEGE RDSign – Wall Sign (C)$0N/AO N/AC N/A
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