DOWNLOAD PDF November 15, 2019 – Baton Rouge, LA – Elifin Realty has announced the sale of 10646 Airline Hwy in Gonzales, LA. This large industrial property has been the headquarters for Neese Industries for 50+ years. The ±69,000+ SF complex sitting on 25 acres was purchased by ASH Brothers, LLC. The property features 905' of frontage with 5 access points to Airline...
DOWNLOAD PDF November 14, 2019 – Baton Rouge, LA – Elifin Realty has announced the sale of three office pad sites (Units 3A, 8B, and 12) located in the Abita View Office Park at 1958 N Hwy 190 in Covington, LA. Unit 3A is planned for a ±6,600 SF building area to be built on piers similar to the neighboring building. Unit...
As a commercial real estate investor, it is crucial that you know how to properly evaluate a property before making an offer. You may be eyeing a commercial property to purchase, but before investing it is critical to know how much the property is actually worth. What will be the rate of return on the property? Is the asking price...
The November 11, 2019 issue covers seventeen commercial sales recorded across Baton Rouge the previous week, totaling $16.5M in disclosed volume. The headline deal: Louisiana Workers' Compensation Corporation paid $4.4M ($37.27/Land SF) for the former La Quinta Inn at 2333 South Acadian Thruway near I-10, close to its office. The seller, S Hospitality LLC, had bought the hotel for $2.5...
DOWNLOAD PDF VERSATILE PROPERTY WITH 70-UNIT SELF-STORAGE SOLD November 6, 2019 – Baton Rouge, LA – Elifin Realty has announced the sale of 1815, 1835 Dallas Dr, located in the large commercial district near Tom Drive and Airline Highway. Luke Gomez of Gable Construction, LLC has purchased the ±0.83 acre property for $260,000. The property is improved with a recently renovated ±4,855 SF...
Zillow has taken the residential real estate market by storm and become the go-to for anyone looking to buy a home. So, if you’re in the market for commercial real estate, the next logical question is whether or not there is a Zillow for commercial real estate. While there are a few sites that compile commercial real estate information, none...
For people looking to purchase residential real estate, there is a wealth of websites to choose from. Sites like Zillow, Homes.com, and even individual brokerage sites include search tools and a wide variety of listings for you to browse from the comfort of your home. Things get a little more difficult if you’re trying to find a commercial property online. There...
The November 4, 2019 issue covers eight commercial sales recorded across Baton Rouge the previous week, totaling $10.7M in disclosed volume. The headline deal: WBBRLA001 LLC, Chicago-based Oak Street Real Estate Capital, paid $3.75M ($276/SF) for the Walgreens at 4747 South Sherwood Forest Boulevard at Coursey Boulevard. A Mississippi-based investor bought the Fairfield Inn & Suites by Marriott off Essen...
DOWNLOAD PDF October 25, 2019 - Baton Rouge, LA — Mathew Laborde, President & CEO at Elifin Realty, has announced the sale of the property located at 8235 & 8255 Florida Blvd, Baton Rouge, LA 70806. All Star Catering owner, Brian Medlin, has purchased two buildings on Florida Blvd with plans to broaden his company’s catering services. The new ±7,000 SF space...
The October 28, 2019 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $1.6M in disclosed volume. The headline deal: a paid parking lot at 524 North 6th Street in downtown Baton Rouge, near Main Street, sold for $495K ($61.88/Land SF). The owner of the Town Donut & Breakfast in Central bought the Hooper Road property...
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