The Pulse: 47 Million Dollar Multifamily Sale and Rezoning on Highland for Bed & Breakfast

A weekly update on the commercial real estate landscape of Baton Rouge.

Commercial Sales Recorded Last Week

5010 Mancuso Lane
Price: $47,500,000 ($219,907 / Unit)
Buyer: Citiscape Essen LLC
Elifin’s Notes: Citiscape at Essen apartments purchased by multi-family investor Jakob Medve.
728 North Blvd
Price: $550,000 ($97 / SF)
Buyer: MMO Group, LLC
Elifin’s Notes: MMO Group purchases corporate office building on North Blvd.
11736 Newcastle Ave
Price: $467,500 ($83 / SF)
Buyer: Newcastle PD, LLC
Elifin’s Notes: Investor purchases two-building office park and excess land in Sherwood Forest Blvd corridor.
8178 Innovation Park Dr
Price: $455,000 ($31 / SF)
Buyer: Red Horse Infrastructure Group LLC
Elifin’s Notes: Office / warehouse complex on Innovation Dr sells to Red Horse Infrastructure Group.
16969 Jefferson Hwy
Price: $435,000 ($216 / SF)
Buyer: B & R Concepts, LLC
Elifin’s Notes: Former bank branch building at the intersection of Jefferson Hwy and Highland Rd.
5280 Groom Rd
Price: $104,000 ($16 / SF)
Buyer: C6 Holdings LLC
Elifin’s Notes: Bethany World Prayer Center sells office building on Groom Rd in Baker.
2112 O’Neal Lane
Price: $959,000 ($656 / SF)
Buyer: Wayne R. & Patricia Meling Declaration of Trust
Elifin’s Notes: Illinois investors purchased Take 5 oil change property on O’Neal Lane.
12167 Coursey Blvd
Price: $335,000 ($140 / SF)
Buyer: Rainey Coursey LLC
Elifin’s Notes: Former Mobile Glass Co building on Coursey Blvd purchased by Bayou Pawn & Jewelry owner.
4085 Florida Blvd
Price: $153,800 ($26 / SF)
Buyer: Village Kidz Early Learning Center LLC
Elifin’s Notes: Vacant retail building on the corner of Florida Blvd and Roselawn Ave sells to an early learning center.
Burbank Dr__Tracts A33B, W2, Y, Z
Price: $2,675,000 ($0.32 / Land SF)
Buyer: America Homeland LLC
Elifin’s Notes: Local developer purchases acreage off of Burbank Dr near S Kenilworth Pkwy.
7446 Sullivan Rd
Price: $990,000 ($1.47 / Land SF)
Buyer: PRICECO WEST
Elifin’s Notes: Price Leblanc Family purchases land in Central.
7538 Sullivan Rd
Price: $680,000 ($2.69 / Land SF)
Buyer: PRICECO WEST
Elifin’s Notes: Price Leblanc Family purchases land in Central.
7075 Airline Hwy
Price: $240,000 ($27 / SF)
Buyer: All Star Properties LLC
Elifin’s Notes: Local investor purchases office/warehouse property on Airline Hwy north of Greenwell Springs Rd.

Upcoming Planning Commission Cases

  • Rezoning on Highland Rd for Bed & Breakfast
    • Submitted 10/23/2020 by Mr. Steven Romero. Proposed rezoning of 1.996 acre lot at 4512 Highland Rd from Single-Family Residential (A1) to Medium Density Multifamily Residential (A3.2) for use as a bed & breakfast.
    • Rezoning Application – Amendment Application – View on Map

Commercial Permits Issued Last Week

12/24/2020 // 11616 STE 14 INDUSTRIPLEX BLVD BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: New tenant in existing office/warehouse. Art/sculpture restoration (no welding, just brush painting).
  • Owner: 11616 CM Properties
12/23/2020 // 12689 FLORIDA BLVD BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: New tenant in existing auto repair shop.
  • Owner: Maricely Ramos
12/23/2020 // 451 FLORIDA ST BATON ROUGE LA 70801
  • Type: Commercial: Remodel
  • Description: Renovation/change of occupancy from Business to R-2: levels 10-21 to Include 144 rental apt. units including facade modifications & new unit balconies. And New construction of penthouse w/pool & pool deck level above the existing roof level. New elevator and existing stair to be extended, between level 21 and new Pool/penthouse level. New stair to be added to connect the pool deck level with the existing stair 1. Existing S. tower built in 1967: Southern Bldg. Code, fireproof cast in place concrete Construction; new construction will be type I-A; Level 2 per 2015 IEBC change of Occupancy w/ alterations below 50% of building area. Refer to g2.106 for work Area calculations. THIS permit is for level 20 (13,726 s.f. R2 & 1,834 s.f. S-2) 12 apt. units.
  • Owner: Ted Terrell
12/23/2020 // 4238 FLORIDA BLVD BATON ROUGE LA 70806
  • Type: Gas Test
  • Description: commercial gas test
  • Owner: Patrick Herring
12/23/2020 // 12330 STE 7 FLORIDA BLVD BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Car sales.
  • Owner: Darryl Howard
12/23/2020 // 9441 COMMON ST BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: New tenant in existing office space – accounting.
  • Owner: Edward Jackson
12/23/2020 // 11070 MEAD RD BATON ROUGE LA 70816
  • Type: Electrical
  • Description: change pot 9 pack meter center building 7 apts 702 even thru 716
  • Owner: clk mangement
12/23/2020 // 1100 S FOSTER DR BATON ROUGE LA 70806
  • Type: Electrical
  • Description: change out six pack meter center building 12 apt 71-76
  • Owner: patricia mangment
12/23/2020 // 1876 SORREL AVE BATON ROUGE LA 70802
  • Type: Electrical
  • Description: Installing pole for warehouse
  • Owner: N/A
12/22/2020 // 633 S FOSTER DR BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: New tenant in existing food catering business.
  • Owner: Samih omar
12/22/2020 // 3106 BALIS DR BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: Office space and warehouse to store work truck and equipment.
  • Owner: N/A
12/22/2020 // 9884 STE D GREENWELL SPRINGS RD BATON ROUGE LA 70814
  • Type: Occupancy
  • Description: Express DMV
  • Owner: Kenya Ferchaud
12/21/2020 // 801 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 294,165 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for the enclosed SOUTH GARAGE of 2,513 s.f..
  • Owner: N/A
12/21/2020 // 1707 GARDERE LN BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: New tenant in existing pharmacy.
  • Owner: HARVEY SMITH
12/21/2020 // 11100 HONORE LN BATON ROUGE LA 70809
  • Type: Commercial: Remodel
  • Description: distribution warehouse-Add training room to office
  • Owner: Jimmy Ivancic
12/21/2020 // 11715 BRICKSOME AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Administrative office.
  • Owner: BEN JAKOB
12/21/2020 // 801 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: Parking Lot
  • Description: New construction of 294,165 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for the parking lot and site work including two detention ponds ONLY. SEE 94751 for UPLOADED DRAWINGS and associated documents.
  • Owner: N/A
12/21/2020 // 813 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 294,165 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for Bldg. 5 (Type 1) of 32,504 s.f., 3 story, 24 units. SEE 94751 for UPLOADED DRAWINGS and associated documents.
  • Owner: N/A
12/21/2020 // 801 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 294,165 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for the enclosed NORTH GARAGE of 2,513 s.f.
  • Owner: N/A
12/21/2020 // 821 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 289,139 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve . THIS permit is for Bldg. 2 (Type 1) of 32,504 s.f., 3 story, 24 units. SEE 94751 for UPLOADED DRAWINGS and associated documents.
  • Owner: N/A
12/21/2020 // 819 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 289,139 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for Bldg. 3 (Type 1) of 32,504 s.f., 3 story, 24 units.. SEE 94751 for UPLOADED DRAWINGS and associated documents.
  • Owner: N/A
12/21/2020 // 801 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 294,165 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for the Clubhouse bldg. (A-2/Business Use) of 4,105 s.f., single story. SEE 94751 for UPLOADED DRAWINGS and associated documents.
  • Owner: N/A
12/21/2020 // 10125 MAMMOTH AVE BATON ROUGE LA 70814
  • Type: Occupancy
  • Description: New tenant in existing office warehouse.
  • Owner: Oliver Cage
12/21/2020 // 823 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 289,139 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for Bldg. 1 (Type 1) of 32,504 s.f., 3 story, 24 units. (SP 1-11-18)
  • Owner: N/A
12/21/2020 // 811 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 294,165 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for Bldg. 6 (Type 1) of 32,504 s.f., 3 story, 24 units. SEE 94751 for UPLOADED DRAWINGS and associated documents.
  • Owner: N/A
12/21/2020 // 8920 SCOTLAND AVE BATON ROUGE LA 70807
  • Type: Occupancy
  • Description: Outside car wash and detailing with inside sitting area.
  • Owner: Dakota Givens
12/21/2020 // 801 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 294,165 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for the 70 s.f. covered Mail Kiosk.
  • Owner: N/A
12/21/2020 // 807 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 294,165 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for Bldg. 8 (Type 1) of 32,504 s.f., 3 story, 24 units. SEE 94751 for UPLOADED DRAWINGS and associated documents.
  • Owner: N/A
12/21/2020 // 17170 PERKINS RD BATON ROUGE LA 70810
  • Type: Commercial: Remodel
  • Description: Minor renovation to Mitigation to remediate water damage. Repair and replace damaged sheetrock and insulation. There are no electrical issues.
  • Owner: William Daniel
12/21/2020 // 7225 ADELIA LN BATON ROUGE LA 70806
  • Type: Commercial: Remodel
  • Description: (Expedited)
  • Owner: Michael Hogstrom
12/21/2020 // 817 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 294,165 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for Bldg. 4 (Type 2) of 24,932 s.f., 3 story, 24 units. SEE 94751 for UPLOADED DRAWINGS and associated documents.
  • Owner: N/A
12/21/2020 // 809 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 294,165 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for Bldg. 7 (Type 1) of 32,504 s.f., 3 story, 24 units. SEE 94751 for UPLOADED DRAWINGS and associated documents.
  • Owner: N/A
12/21/2020 // 805 N ARDENWOOD DR BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 294,165 s.f. multi-family apartment bldg. complex, with 9 proposed apartment bldgs., clubhouse bldg., and parking/site work to serve THIS permit is for Bldg. 9 (Type 1) of 32,504 s.f., 3 story, 24 units. SEE 94751 for UPLOADED DRAWINGS and associated documents.
  • Owner: N/A
12/21/2020 // 5830 MC CANN DR BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: New tenant in existing office/warehouse – being used for storage only.
  • Owner: Walter McCann
Elifin Realty
Elifin Realty
marketing@elifinrealty.com
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