A weekly update on the commercial real estate landscape of Baton Rouge. Tonight's February Planning Commission Cases Highpointe Oak Subdivision - Four Residential Homes Deferred from 1/22/19 meeting. Submitted December 6th, 2018 by Matthew S. Estopinal. Requesting Rezoning from Single Family Residential (A1) to Infill/Mixed Use Small Planned Development Unit (ISPUD). The location of requested rezoning is 0.56 acres on the...
In today’s society, time can be called one of our most precious commodities. If you are planning on buying a commercial property, it is incredibly pivotal to use your time wisely. These 6 things are major wastes of time, also known as “time sucks” for investors looking to buy a commercial property. Let’s look at the things that should be...
A weekly update on the commercial real estate landscape of Baton Rouge. Upcoming February Planning Commission Cases Goodwood Plantation Renovations + Development - Office Suites, Retail, Mixed Use This proposed Infill / Mixed Use Small Planned Unit Development (ISPUD) is 1.85 acres located in the center of Adelia at Old Goodwood. The plans include retail/commercial buildings surrounding the historic Goodwood Plantation home and renovation...
When it comes to purchasing an investment property there are many reasons why investors are attracted to commercial real estate. Commercial investment properties often offer promising returns with low risk. However, as a new investor, or one looking to move into commercial investing, you may be interested in learning about some of the best tips for diving in. Here's a few...
A weekly update on the commercial real estate landscape of Baton Rouge. Upcoming February Planning Commission Cases Valencia Park - Multifamily development with preference for Veterans Deferred from 12/10/18 and 1/22/19 meetings. This is a proposed 122-unit, multifamily affordable residential development with a perference for veterans. Proposed rezoning of General Residential & Heavy Commercial lots (A4 & C2) to SPUD (Small Planned...
As the current or future owner of an investment property, a high vacancy rate is the stuff of nightmares. Vacancy not only minimizes an investor’s return but also decreases the profitability of an investment property over time. Though currently, demand has surpassed supply in most of the commercial real estate realms, that doesn’t mean every property is safe from vacancy. So,...
A weekly update on the commercial real estate landscape of Baton Rouge. Upcoming February Planning Commission Cases Rezoning for Bar/Lounge on Government Street in MidCity Submitted December 6th, 2018 by Remi DeMatteo - Rezoning request from Light Commercial (C1) to Commercial Alcoholic Beverage (Bars and lounges) (C-AB-2). Application Rezoning Downtown for Office Use Submitted December 17th, 2018 by Peggy Westerman -...
Selling your commercial property should be easy right? Demand is up, communities are thriving and people who have money are spending it. However, sometimes you may feel that your commercial property has been on the market for ages and not a dent has been made in hopes of a sale. So what are some reasons why your property might not...
A weekly update on the commercial real estate landscape of Baton Rouge. Latest Planning Commission Requests 192 Multi-Family Units & 4,835 SF Clubhouse on Harding near BTR Submitted: December 5th, 2018 by Evan Holladay (SJB Group, LLC). A new development of multi-family residential buildings on the west side of Plank Rd. just south of Harding Blvd. 11.18 acres. 89,392 SF of...
Opportunity Zones have been a hot topic in the commercial real estate world lately. If you have yet to hear about them, let’s take a look at what they are. Added to the tax code under President Donald Trump in 2017, an opportunity zone is a community that has been distressed economically. Due to the economic climate of the area,...