News

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 1860 Boulevard de Province Price: $4,567,500 ($21,959 / Unit) Buyer: Contour Sable Chase LLC Elifin's Notes: The Sable Chase Apartments complex sells to Michigan-based Contour Companies, a firm that specializes in commercial and residential developments and multifamily revitalization. The 208 unit complex is located between Old Hammond Hwy...

When you’re ready to list your commercial real estate, whether it’s an investment property or a brick and mortar storefront you used for your business, one question looms large: How do I choose the right commercial real estate broker? There are a few things to take into consideration, including the size of the brokerage, their location, and whether or not you connect...

The return on commercial investment property in Baton Rouge can vary, and your goals determine whether or not the percentage return is good or not. Many people who own investment properties are using their returns as retirement income, supplemental or otherwise. For these people, a more secure deal is desirable over a high risk deal where they may lose some money....

While it is indeed a broad term, to put it simply, commercial real estate is every single property short of a single-family residential home. If it's not a single-family detached residential home, condo, or town-home — you can place a safe bet on the fact that it's commercial.    In comparison to residential, commercial real-estate is also often considerably larger spaces than...

Never is a very strong word, a word that is personally out of my lexicon, and that holds true here. There’s not really any certain thing that you should NEVER do as a landlord. Since each landlord’s situation varies widely, from your situation with your building to your particular tenants, it really depends on your goals and what the business...

A weekly update on the commercial real estate landscape of Baton Rouge. Commercial Sales Recorded Last Week 8031 Airline Hwy Price: $765,000 ($178 / SF) Buyer: Bancorpsouth Bank Elifin's Notes: Bancoprsouth Bank purchases former Capital One branch on the corner of Airline Hwy and Tom Dr. 1044 O'Neal Ln Price: $230,000 ($61 / SF) Buyer: Ode Investment Properties LLC Elifin's Notes: Zachary-based Pit Stop Auto Shop owner purchases O'Neal...

DOWNLOAD PDF December 13th, 2019 - Baton Rouge, LA – Elifin Realty has announced the sale of 1044 O’Neal Ln in Baton Rouge, LA. The property was purchased by Joel and Rebecca Richardson of ODE Investment Properties, LLC. They intend to use 1044 O’Neal Ln as a second location for Pit Stop Auto Shop, LLC. Pit Stop Auto Shop is an ASE-certified (Automotive...

Commercial real estate is an exciting and rewarding career, allowing infinite earning potential and flexibility for agents. As a commercial real estate agent, you will be your own boss, and have the ability and freedom to work your business around personal and family obligations. You can choose a specialty “niche” area, and work to become an expert in that field...

Get the latest commercial sales, upcoming Planning Commission Cases, and recently issued commercial building permits to your inbox every Monday morning.