18 Unit Multifamily Deal Sold
The April 20, 2020 issue covers five commercial sales recorded across Baton Rouge the previous week, totaling $2.54M in disclosed volume. The headline deal: First of Many LLC, a local investor, paid $1.3M ($72,222/unit) for the Fuller Place Portfolio, 18 units in a fractured condominium of 70 homes built as 35 duplexes in the Live Oak Circle Condominiums subdivision off South Park Drive. Advanced Builders bought ISPUD-zoned land at Henry Adams Road and Highland Road for $563K, and the owners of the neighboring Save More Market bought commercially zoned land at Nicholson Drive and Iris Street for $350K.
Commercial Sales Recorded Last Week 5 sales
Fuller Place Portfolio
$1,300,000 $72,222 / unit
Local investor purchases 18 units in a fractured condominium of 70 homes constructed as 35 duplexes in the Live Oak Circle Condominiums subdivision off South Park Dr.
BuyerFirst of Many LLC
102, 112, 122 Henry Adams Rd
$562,500 $30.75 / Land SF
Advanced Builders purchase ISPUD zoned land on the corner of Henry Adams Rd and Highland Rd.
BuyerAdvanced Builders Inc
3028 Nicholson Dr
$350,000 $22.10 / Land SF
Commercially zoned land on the corner of Nicholson Dr and Iris St sells to owners of the neighboring Save More Market.
BuyerH & Z Realty LLC
4454 American Way
$210,632 $8.06 / Land SF
Emeris Salon Suites purchase land off Coursey Blvd on American Way with plans to build a salon for summer 2020.
BuyerEmeris Salon Suites LLC
844 Madeline Ct
$120,000 $99 / SF
Investor purchases office/warehouse building off Florida Blvd near Sherwood Forest.
BuyerKaiser Brothers LLC
Upcoming Planning Commission Cases 2 cases
Harveston District Concept Plan
Proposed rezoning from Rural to Planned Unit Development (PUD) on 148.72 acre property near the corner of S Bluebonnet Blvd and Nicholson Dr.
Shenandoah South Veterinary Hospital: Proposed Rezoning
Proposed rezoning from Rural to General Office Low Rise (GOL) on Shenandoah South Veterinary Hospital located on the southeast corner of Tiger Bend Rd and Antioch Rd. The Planning Commission meeting will be held this evening @ 5:00 pm via video conference and available for viewing on: www.brla.gov, Metro 21 (Cox Channel 21), and the City of Baton Rouge/Parish of East Baton Rouge Facebook page (via Facebook Live)
Commercial Permits Issued Last Week 32 permits
| Address | Type | Value | Description | Owner / Applicant / Contractor |
|---|---|---|---|---|
| 7597 JEFFERSON HWY BATON ROUGE LA 70806 | Occupancy | N/A | Commercial occupancy: administrative office space | O — |
| 10970 FLORIDA BLVD BATON ROUGE LA 70815 | Occupancy | N/A | Car repair I Need permit for change the name on electric account | O than tran |
| 8856 S CHOCTAW DR BATON ROUGE LA 70815 | Commercial: New | N/A | New construction of 8,806 s.f. bldg. for Factory Industrial-2 use (Business offices: 1,555 s.f.; F-1 shop: 7,251 s.f.) and parking/site work to serve. | O Jason Hornsby |
| 9460 CORTANA PL BATON ROUGE LA 70815 | Electrical | N/A | Replacing interior store lighting fixtures, going from HID to LED. No changes to existing wiring or panels. | O — |
| 1484 CURTIS ST BATON ROUGE LA 70807 | Electrical | N/A | Rebuild 125 amp service | O — |
| 10303 S MALL DR BATON ROUGE LA 70809 | Electrical | N/A | Replacing interior store lighting fixtures | O — |
| 775 SPANISH TOWN RD BATON ROUGE LA 70802 | Occupancy | N/A | Just bought a four plex, this unit has not had electricity in over 6 months, so need a permit for that, then they tell me need an occupancy permit. | O William McDonald |
| 11647 PAMELA DR BATON ROUGE LA 70815 | Electrical | N/A | upgrade 200 amp service | O — |
| 7800 HOWELL BLVD BATON ROUGE LA 70807 | Commercial: Remodel | N/A | Renovation of lobby of 3,543 s.f. in existing bldg. of 5,287 s.f., relatively minor ADA improvements to plumbing, minor mechanical and electrical, for continued Business use. | O Greg Inman |
| 620 FLORIDA ST BATON ROUGE LA 70801 | Commercial: Remodel | N/A | Interior renovation of 3,200 s.f. portion of the first floor for Business office use. | O JANET POPE |
| 12400 JEFFERSON HWY BATON ROUGE LA 70816 | Electrical | N/A | Repaired the meter socket on the Building 25. Gonna need to get entergy back out to turn on the lights. | O Jefferson Lake apt. Building 25 |
| 168 MC GEHEE DR LA | Occupancy: Clean | N/A | clean and show | O — |
| 166 MC GEHEE DR LA | Occupancy: Clean | N/A | clean and show | O — |
| 170 MC GEHEE DR BATON ROUGE LA 70815 | Occupancy: Clean | N/A | clean and show | O — |
| 170 MC GEHEE DR BATON ROUGE LA 70815 | Occupancy | N/A | security lights | O — |
| 11523 CEDAR PARK AVE BATON ROUGE LA 70809 | Fence | N/A | Fence for empty lot. | O Jonathan Gafford |
| 15500 FLORIDA BLVD BATON ROUGE LA 70819 | Commercial: Remodel | N/A | Renovation of existing 4,746 s.f. Ste A in 12,608 s.f. bldg. for Storage-1 Occupancy use as Motor Vehicle repair garage. | O James Dupont |
| 11940 BRICKSOME AVE BATON ROUGE LA 70816 | Occupancy | N/A | Vacant Office Lease Space | O Ellie Dantin |
| 162 MC GEHEE DR LA | Occupancy: Clean | N/A | clean and show | O — |
| 805 IRIS ST BATON ROUGE LA 70802 | Electrical | N/A | Repaired riser due to fallen limb (weatherhead and wire) | O Tommy Karam |
| 5536 Superior Dr, Baton Rouge, La LA 70816 | Occupancy | N/A | Insurance office | O Nell Lanoix |
| 10170 S CHOCTAW DR BATON ROUGE LA 70815 | Occupancy | N/A | printing company | O Timmy Vu |
| 750 CANAL ST BATON ROUGE LA 70802 | Commercial: New | N/A | New construction of 11,600 s.f., three story apartment building with 12 units, and parking/site work to serve. | O LaQuinton Nimox |
| 373 WEST DR BATON ROUGE LA 70806 | Electrical | N/A | tempory disconnect and emergency reconnett to change out 4 pack meter center | O rod miller |
| 7961 GREENWELL ST BATON ROUGE LA 70812 | Electrical | N/A | Change service underground pipe out, one day shut off demo for Monday | O Sharon Dillard |
| 8011 GREENWELL ST BATON ROUGE LA 70812 | Electrical | N/A | Change out underground service pipe, one day shut off (Monday) | O Ronnie Ward |
| 5575 CLARK ST BATON ROUGE LA 70811 | Occupancy | N/A | self serve car wash | O Jerome Serio |
| 4925 MILLWOOD DR BATON ROUGE LA 70817 | Plumbing | N/A | Inspect a water heater. | O Ray Fryoux Jr |
| 9120 S VIGNES RD BATON ROUGE LA 70817 | Electrical | N/A | Existing service is overhead and it is being converted to underground. The underground portion has been performed by Demco but the termination and permit will be completed by KWATT Electric. | O LeaAnn Teague |
| 5525 GALERIA DR BATON ROUGE LA 70816 | Occupancy | N/A | office Space | O Margie Talbot |
| 1237 LEYCESTER DR BATON ROUGE LA 70808 | Plumbing | N/A | Inspect a water heater. | O VJ Bella |
| 10621 PLAZA AMERICANA DR BATON ROUGE LA 70816 | Occupancy | N/A | Insurance Agency | O Jay Thomas |