Aldi Grocery Store Purchases 3.55 Acre Tract Near Walmart on O’Neal
The June 1, 2020 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $5.13M in disclosed volume. The headline deal: Investar Bank paid $1.72M ($70/SF) for the ground floor of Investar Tower at 10500 Coursey Boulevard, Suite 100. German-based Aldi bought 3.55 acres near the Walmart on O'Neal Lane for $1.35M, and local investors bought Tiger's Den, a 32-unit apartment complex in Tigerland, for $878K.
Commercial Sales Recorded Last Week 6 sales

10500 Coursey Blvd (Suite 100)
$1,722,500 $70 / SF
Investar Bank purchases ground floor of Investar Tower.
BuyerInvestar Bank

Tract A-2-A-1-A O'Neal Lane
$1,350,000 $8.73 / Land SF
German-based Aldi grocery store purchases 3.55 acres ($380,281.69 / acre) near the Walmart on O'Neal Lane.
BuyerAldi Inc

4639 Tigerland Ave
$878,000 $27,438 / unit
Tiger's Den, a 32 unit apartment complex in Tigerland, sells to local investors.
BuyerTiger Gardens LLC

5131 Essen Lane
$700,000 $235 / SF
Local investor purchases medical office off Essen Lane across from Our Lady of the Lake.
Buyer5131 Essen Lane LLC

10235 Jefferson Hwy
$322,285 $215 / SF
Office suite sells in the Metro Office Park off Jefferson Hwy between Bluebonnet Blvd and Airline Hwy.
BuyerTodd Hymel

4618 Hwy 19
$157,000 $121 / SF
Retail property sells next to the Taco Bell in Zachary near the intersection of Hwy 19 and Main St.
BuyerHorizon Property Investment LLC
Upcoming Planning Commission Cases 1 case
Proposed Rezoning – Cottages at O'Neal Townhome Development
To rezone from Light Commercial (C1) to Small Planned Unit Development (SPUD) on property located north of George O'Neal Road, east of Jones Creek Road and west of O'Neal Lane, on Tract E of the Plantation Homes Property.
Commercial Permits Issued Last Week 43 permits
| Address | Type | Value | Description | Owner / Applicant / Contractor |
|---|---|---|---|---|
| 7550 MC CALL DR BATON ROUGE LA 70817 | Electrical | N/A | Shutdown service to PM switchboard and pull new wire in service. This will be after hours Inspection please add cost for after hours. | O Barb Delisa |
| 8328 CYPRESS LAKE DR BATON ROUGE LA 70809 | Mechanical | N/A | Change out a 2 ton AC unit | O Oliver Poole |
| 1347 SHARP RD BATON ROUGE LA 70815 | Electrical | N/A | A tree fell on the clients electrical pole and broke it so we are just going to replace the old pole with a new one and correct the wiring. | O Randy Ogden |
| 7987 PECUE LN BATON ROUGE LA 70809 | Occupancy | N/A | Office and warehouse space for landscaping business | O Jared Clark |
| 2534 N FOSTER DR BATON ROUGE LA 70805 | Occupancy | N/A | Existing Restaurant | O dejon dunbar |
| 11169 DARRYL DR BATON ROUGE LA 70815 | Occupancy | N/A | storage only | O Donald Case |
| 2453 N ACADIAN THWY W BATON ROUGE LA 70802 | Occupancy | N/A | Occupancy for bar & lounge with kitchen | O Demetris Chambers |
| 9983 BLUEBONNET BLVD BATON ROUGE LA 70810 | Commercial: Parking Lot | N/A | Renovations to existing parking lot driveway to serve existing Mercantile establishment. Full Depth Concrete Drive Lane Replacement, 6.0” – 5,500 SF No E., M., or P. o Walgreens Pavement Maintenance FY20 Spec (Project Specifications) | O — |
| 3031 MARGEBROOK DR BATON ROUGE LA 70816 | Electrical | N/A | Replace underground conduit and fittings and possibly meter can | O — |
| 5454 BLUEBONNET BLVD, STE H, BATON ROUGE, 70809 LA | Commercial: Remodel | N/A | Renovation of Ste H of 1,491 s.f. to serve as to-go Restaurant, Assembly use reviewed as Business with less than 50 occupants. Previously street breads sandwich shop restaurant. | O George Kurz |
| 351 WESTMORELAND DR BATON ROUGE LA 70806 | Electrical | N/A | Replace service due to concentric service feeder burning | O Clyde kennedy |
| 3330 WOODCREST DR BATON ROUGE LA 70814 | Occupancy | N/A | Body Shop | O — |
| 2424 O'NEAL LN BATON ROUGE LA 70816 | Occupancy | N/A | Hair salon | O Aungelle White |
| 3622 THOMAS RD BATON ROUGE LA 70811 | Electrical | N/A | Rebuild service emergency reconnect | O Isreal Green |
| 10771 WHITE OAK DR BATON ROUGE LA 70815 | Electrical | N/A | Correct wiring. | O Harry Fitzgerald |
| 16347 MAGNOLIA TRACE PKWY BATON ROUGE LA 70817 | Fence | N/A | Closing in yard with a fence to complete pool permit 61613. Combination of new 6' wood and 5' metal fencing to complete closing in the yard with existing 6' and 8' wood fence. | O Brian Hazlip |
| 729 CENTRAL RD BATON ROUGE LA 70807 | Occupancy | N/A | Needs power to apt# B | O Ian Courtney |
| 11822 JUSTICE AVE BATON ROUGE LA 70816 | Occupancy | N/A | Office Occupancy Permit | O Rachael Gordon |
| 17002 JEFFERSON HWY, STE C Baton Rouge LA 70817 | Occupancy: Clean | N/A | Clean and Show -vacant space | O William Mullins |
| 17002 Jefferson Hwy Baton Rouge LA 70817 | Occupancy: Clean | N/A | Clean and Show | O william mullins |
| 16248 PERKINS RD BATON ROUGE LA 70810 | Commercial: New | N/A | New construction of two story, 29,734 bldg. to serve as mixed occupancy Business (9782 s.f.) and Storage warehouse (19,952 s.f.). | O Shawn Folks |
| 1965 NORTH BLVD BATON ROUGE LA 70806 | Electrical | N/A | REPLACE FUSE BOX TO BREAKER BOX | O MALCOLM JACKSON |
| 13308 MEADOWLANE DR BATON ROUGE LA 70810 | Occupancy | N/A | Occupancy permit | O Jesus Urrechaga |
| 10230 MOLLYLEA DR BATON ROUGE LA 70815 | Demolition | N/A | Demolition of two burned single story buildings | O — |
| 1440 GOVERNMENT ST BATON ROUGE LA 70802 | Occupancy | N/A | Commercial occupancy: warehouse space | O Anthony Kimble |
| 1854 PECK DR BATON ROUGE LA 70810 | Electrical | N/A | Panel has burnt bussing in it and needs replacing. We will need to shut power off to replace. And get same day inspection | O Barbara Jaworski |
| 11832 NEWCASTLE AVE BATON ROUGE LA 70816 | Occupancy | N/A | office space | O — |
| 10084 S CHOCTAW DR BATON ROUGE LA 70815 | Occupancy | N/A | Commercial occupancy: use cars sale | O CHIQUITA MOORE |
| 9955 FLORIDA BLVD BATON ROUGE LA 70815 | Electrical | N/A | Replace meter guts and feeder APT 43 | O Glenn Sockwell |
| 12515 AIRLINE HWY BATON ROUGE LA 70817 | Electrical | N/A | Install 200 AMP overhead service for Storage container office building | O Ben Dutruch |
| 9350 CORTANA PL BATON ROUGE LA 70815 | Commercial: Remodel | N/A | Interior renovation of 2,000 s.f. tenant build-out (within existing big box retail) for small restaurant use, Business, with occupancy less than 50 persons. Previously McDonalds. | O Eui Kim |
| 3185 BALIS DR BATON ROUGE LA 70808 | Occupancy | N/A | Office use and warehouse space for Marine Electronics business | O Steven Burke |
| 4935 BEECH ST BATON ROUGE LA 70805 | Electrical | N/A | Rebuild service | O Cheryl Augustus |
| 100 WOMAN'S WAY BATON ROUGE LA 70817 | Commercial: Remodel | N/A | Interior renovations to 2,245 s.f. on second floor (of 131,161 s.f. total) of existing hospital bldg. | O Kurt Scott |
| 1221 Gardere LN Baton Rouge LA 70820 | Occupancy | N/A | Nails Salon | O Chi Vo |
| 1680 COTTONDALE DR BATON ROUGE LA 70815 | Occupancy | N/A | Commercial Occupancy- Lights inside existing apartment building | O Thelma Ward |
| 5454 GOVERNMENT ST BATON ROUGE LA 70806 | Occupancy | N/A | Retail Store space | O eugene brown |
| 6450 GUYNELL DR BATON ROUGE LA 70811 | Mechanical | N/A | Replace existing chiller with new used chiller that will supply the campus with air conditioning. New chiller will be piped into existing chilled water loop. | O East Baton Rouge Parish School Board |
| 2235 E CONTOUR DR BATON ROUGE LA 70809 | Plumbing | N/A | water heater install | O Gillian Triche |
| 3482 STE I DRUSILLA LN BATON ROUGE LA 70809 | Occupancy | N/A | fitness club | O Paul Kaklis |
| 16453 PLANK RD BAKER LA 70714 | Mechanical | N/A | Replace 7.5 ton Rooftop AC(straight cool, no heat). Cox Communication Building. Non-Occupied. Network Distribution Equipment only. | O — |
| 8032 SUMMA AVE BATON ROUGE LA 70809 | Occupancy | N/A | Office | O Vickie Harris |
| 9033 PECAN TREE DR BATON ROUGE LA 70810 | Electrical | N/A | replace 100 amp load center | O Derrick Lemon |