20 Apr The Pulse: 18 Unit Multifamily Deal Sold

Posted at 12:00h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments
A weekly update on the commercial real estate landscape of Baton Rouge.

Commercial Sales Recorded Last Week

Fuller Place Portfolio
Price: $1,300,000 ($72,222 / Unit)
Buyer: First of Many LLC
Elifin’s Notes : 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.
102, 112, 122 Henry Adams Rd
Price: $562,500 ($30.75 / Land SF)
Buyer: Advanced Builders Inc
Elifin’s Notes : Advanced Builders purchase ISPUD zoned land on the corner of Henry Adams Rd and Highland Rd.
3028 Nicholson Dr
Price: $350,000 ($22.10 / Land SF)
Buyer: H & Z Realty LLC
Elifin’s Notes: Commercially zoned land on the corner of Nicholson Dr and Iris St sells to owners of the neighboring Save More Market.
4454 American Way
Price: $210,632 ($8.06 / Land SF)
Buyer: Emeris Salon Suites LLC
Elifin’s Notes: Emeris Salon Suites purchase land off Coursey Blvd on American Way with plans to build a salon for summer 2020.
844 Madeline Ct
Price: $120,000 ($99 / SF)
Buyer: Kaiser Brothers LLC
Elifin’s Notes : Investor purchases office/warehouse building off Florida Blvd near Sherwood Forest.

 

Upcoming Planning Commission Cases

  • Harveston District Concept Plan
    • Submitted 3/5/2020 by Joseph Yarbrough. Proposed rezoning from Rural to Planned Unit Development (PUD) on 148.72 acre property near the corner of S Bluebonnet Blvd and Nicholson Dr.
    • Application – Staff Report – Plans – Map
  • Shenandoah South Veterinary Hospital: Proposed Rezoning
    • Submitted 1/29/2020 by Jim Tatum. 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.
    • Application – Staff Report – Map
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

04/17/2020  //  7597 JEFFERSON HWY BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Commercial occupancy: administrative office space
  • Owner: N/A
04/17/2020  //  10970 FLORIDA BLVD BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Car repair I Need permit for change the name on electric account
  • Owner: than tran
04/17/2020  //  8856 S CHOCTAW DR BATON ROUGE LA 70815
  • Type: Commercial: New
  • Description: 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.
  • Owner: Jason Hornsby
04/16/2020  //  9460 CORTANA PL BATON ROUGE LA 70815
  • Type: Electrical
  • Description: Replacing interior store lighting fixtures, going from HID to LED. No changes to existing wiring or panels.
  • Owner: N/A
04/16/2020  //  1484 CURTIS ST BATON ROUGE LA 70807
  • Type: Electrical
  • Description: Rebuild 125 amp service
  • Owner: N/A
04/16/2020  //  10303 S MALL DR BATON ROUGE LA 70809
  • Type: Electrical
  • Description: Replacing interior store lighting fixtures
  • Owner: N/A
04/16/2020  //  775 SPANISH TOWN RD BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: 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.
  • Owner: William McDonald
04/16/2020  //  11647 PAMELA DR BATON ROUGE LA 70815
  • Type: Electrical
  • Description: upgrade 200 amp service
  • Owner: N/A
04/16/2020  //  7800 HOWELL BLVD BATON ROUGE LA 70807
  • Type: Commercial: Remodel
  • Description: 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.
  • Owner: Greg Inman
04/15/2020  //  620 FLORIDA ST BATON ROUGE LA 70801
  • Type: Commercial: Remodel
  • Description: Interior renovation of 3,200 s.f. portion of the first floor for Business office use.
  • Owner: JANET POPE
04/15/2020  //  12400 JEFFERSON HWY BATON ROUGE LA 70816
  • Type: Electrical
  • Description: Repaired the meter socket on the Building 25. Gonna need to get entergy back out to turn on the lights.
  • Owner: Jefferson Lake apt. Building 25
04/15/2020  //  168 MC GEHEE DR LA
  • Type: Occupancy: Clean
  • Description: clean and show
  • Owner: N/A
04/15/2020  //  166 MC GEHEE DR LA
  • Type: Occupancy: Clean
  • Description: clean and show
  • Owner: N/A
04/15/2020  //  170 MC GEHEE DR BATON ROUGE LA 70815
  • Type: Occupancy: Clean
  • Description: clean and show
  • Owner: N/A
04/15/2020  //  170 MC GEHEE DR BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: security lights
  • Owner: N/A
04/15/2020  //  11523 CEDAR PARK AVE BATON ROUGE LA 70809
  • Type: Fence
  • Description: Fence for empty lot.
  • Owner: Jonathan Gafford
04/15/2020  //  15500 FLORIDA BLVD BATON ROUGE LA 70819
  • Type: Commercial: Remodel
  • Description: 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.
  • Owner: James Dupont
04/15/2020  //  11940 BRICKSOME AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Vacant Office Lease Space
  • Owner: Ellie Dantin
04/15/2020  //  162 MC GEHEE DR LA
  • Type: Occupancy: Clean
  • Description: clean and show
  • Owner: N/A
04/15/2020  //  805 IRIS ST BATON ROUGE LA 70802
  • Type: Electrical
  • Description: Repaired riser due to fallen limb (weatherhead and wire)
  • Owner: Tommy Karam
04/14/2020  //  5536 Superior Dr, Baton Rouge, La LA 70816
  • Type: Occupancy
  • Description: Insurance office
  • Owner: Nell Lanoix
04/14/2020  //  10170 S CHOCTAW DR BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: printing company
  • Owner: Timmy Vu
04/14/2020  //  750 CANAL ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: New construction of 11,600 s.f., three story apartment building with 12 units, and parking/site work to serve.
  • Owner: LaQuinton Nimox
04/14/2020  //  373 WEST DR BATON ROUGE LA 70806
  • Type: Electrical
  • Description: tempory disconnect and emergency reconnett to change out 4 pack meter center
  • Owner: rod miller
04/13/2020  //  7961 GREENWELL ST BATON ROUGE LA 70812
  • Type: Electrical
  • Description: Change service underground pipe out, one day shut off demo for Monday
  • Owner: Sharon Dillard
04/13/2020  //  8011 GREENWELL ST BATON ROUGE LA 70812
  • Type: Electrical
  • Description: Change out underground service pipe, one day shut off (Monday)
  • Owner: Ronnie Ward
04/13/2020  //  5575 CLARK ST BATON ROUGE LA 70811
  • Type: Occupancy
  • Description: self serve car wash
  • Owner: Jerome Serio
04/13/2020  //  4925 MILLWOOD DR BATON ROUGE LA 70817
  • Type: Plumbing
  • Description: Inspect a water heater.
  • Owner: Ray Fryoux Jr
04/13/2020  //  9120 S VIGNES RD BATON ROUGE LA 70817
  • Type: Electrical
  • Description: 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.
  • Owner: LeaAnn Teague
04/13/2020  //  5525 GALERIA DR BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: office Space
  • Owner: Margie Talbot
04/13/2020  //  1237 LEYCESTER DR BATON ROUGE LA 70808
  • Type: Plumbing
  • Description: Inspect a water heater.
  • Owner: VJ Bella
04/12/2020  //  10621 PLAZA AMERICANA DR BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Insurance Agency
  • Owner: Jay Thomas
Elifin Realty
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