The November 18, 2024 issue covers three commercial sales recorded across Lafayette the previous week, totaling $377K in disclosed volume. The headline deal: ROMERO, CLAYTON A paid $229K ($1.52/Land SF) for more than 3.4 acres of land on West Pinhook Road in Broussard. The week's other two sales were a self-serve car wash off West Willow Street for $148K and...
Overall Dollar Volume is down 2.44% The trailing 12 month total dollar volume of sales was $344.8M at the end of Oct 2024 vs. $353.5M at the end of the prior month. Overall Deal Velocity is up 3.76% The trailing 12 month sale count was 331 at the end of Oct 2024 vs. 319 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/11/Market-Report-Lafayette-LA-October-2024.pdf" attachment_id="13296"...
The November 11, 2024 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $3.91M in disclosed volume. The headline deal: ZIP N OPERATING LLC paid $1.15M ($634.66/SF) for a drive-thru car wash, formerly operated by Zip-N Car Wash, at the intersection of Ridge Road and Rue Du Belier. Industrial led the week with four of the eight...
The November 4, 2024 issue covers nine commercial sales recorded across Lafayette the previous week, totaling $3.5M in disclosed volume. The headline deal: C SIDE DESTIN PROPERTIES LLC, a pair of Houma-based investors, paid $1.1M ($169.23/SF) for the Historic Cafe Vermilionville property on West Pinhook Road. Retail led the week with five of the nine sales, including the Circle K...
The October 28, 2024 issue covers twelve commercial sales recorded across Lafayette the previous week, totaling $5.59M in disclosed volume. The headline deal: RED RIVER BANK paid $1.96M ($30.04/Land SF) for more than 1.5 acres of land next to the Rouses at the intersection of Camellia Boulevard and East Bluebird Drive. Land led the week with six of the twelve...
The October 21, 2024 issue covers two commercial sales recorded across Lafayette the previous week, totaling $625K in disclosed volume. The headline deal: CLOTEAUX PROPERTIES LLC paid $400K ($142.15/SF) for a live/work office property previously occupied by Southside Roofing on Rue Du Belier. The week's other sale was industrial, as Courville Sporting Complex LLC bought a multiple-structure warehouse property on...
The October 14, 2024 issue covers six commercial sales recorded across Lafayette the previous week, totaling $4.9M in disclosed volume. The headline deal: AGREE STORES LLC paid $2.91M ($128.11/SF) for an auto repair shop on Johnston Street past East Broussard Road heading toward Maurice. Retail led the week with three of the six sales, including the Burger Tyme fast food...
Overall Dollar Volume is down 1.92% The trailing 12 month total dollar volume of sales was $353.5M at the end of Sep 2024 vs. $360.4M at the end of the prior month. Overall Deal Velocity is up 1.92% The trailing 12 month sale count was 319 at the end of Sep 2024 vs. 313 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/10/Market-Report-Lafayette-LA-September-2024.pdf" attachment_id="13006"...
The October 7, 2024 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $5.39M in disclosed volume. The headline deal: RAJANE LLC, a local entity, paid $2.1M ($560.64/SF) for two fast food locations at 1602 North University Avenue and 4154 West Congress Street. Retail led the week with three of the seven sales, as the same buyer...
The September 30, 2024 issue covers ten commercial sales recorded across Lafayette the previous week, totaling $5.68M in disclosed volume. The headline deal: 3735 90 LLC paid $2M ($44.53/SF) for an industrial property with multiple buildings on Highway 90 in Broussard. Land led the week with seven of the ten sales, including more than 18 acres of vacant land near...
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