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.

By ELIFIN® Source: ELIFIN transaction database

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6Commercial sales recorded
$5.13MDisclosed volume (6 of 6 sales)
$1.72MLargest sale · 10500 Coursey Blvd (Suite 100)
1Planning Commission case

Commercial Sales Recorded Last Week 6 sales

10500 Coursey Blvd (Suite 100)

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

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

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

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

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

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

Submitted by Mickey L. Robertson

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

AddressTypeValueDescriptionOwner / Applicant / Contractor
7550 MC CALL DR BATON ROUGE LA 70817ElectricalN/AShutdown 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 70809MechanicalN/AChange out a 2 ton AC unitO Oliver Poole
1347 SHARP RD BATON ROUGE LA 70815ElectricalN/AA 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 70809OccupancyN/AOffice and warehouse space for landscaping businessO Jared Clark
2534 N FOSTER DR BATON ROUGE LA 70805OccupancyN/AExisting RestaurantO dejon dunbar
11169 DARRYL DR BATON ROUGE LA 70815OccupancyN/Astorage onlyO Donald Case
2453 N ACADIAN THWY W BATON ROUGE LA 70802OccupancyN/AOccupancy for bar & lounge with kitchenO Demetris Chambers
9983 BLUEBONNET BLVD BATON ROUGE LA 70810Commercial: Parking LotN/ARenovations 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 70816ElectricalN/AReplace underground conduit and fittings and possibly meter canO —
5454 BLUEBONNET BLVD, STE H, BATON ROUGE, 70809 LACommercial: RemodelN/ARenovation 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 70806ElectricalN/AReplace service due to concentric service feeder burningO Clyde kennedy
3330 WOODCREST DR BATON ROUGE LA 70814OccupancyN/ABody ShopO —
2424 O'NEAL LN BATON ROUGE LA 70816OccupancyN/AHair salonO Aungelle White
3622 THOMAS RD BATON ROUGE LA 70811ElectricalN/ARebuild service emergency reconnectO Isreal Green
10771 WHITE OAK DR BATON ROUGE LA 70815ElectricalN/ACorrect wiring.O Harry Fitzgerald
16347 MAGNOLIA TRACE PKWY BATON ROUGE LA 70817FenceN/AClosing 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 70807OccupancyN/ANeeds power to apt# BO Ian Courtney
11822 JUSTICE AVE BATON ROUGE LA 70816OccupancyN/AOffice Occupancy PermitO Rachael Gordon
17002 JEFFERSON HWY, STE C Baton Rouge LA 70817Occupancy: CleanN/AClean and Show -vacant spaceO William Mullins
17002 Jefferson Hwy Baton Rouge LA 70817Occupancy: CleanN/AClean and ShowO william mullins
16248 PERKINS RD BATON ROUGE LA 70810Commercial: NewN/ANew 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 70806ElectricalN/AREPLACE FUSE BOX TO BREAKER BOXO MALCOLM JACKSON
13308 MEADOWLANE DR BATON ROUGE LA 70810OccupancyN/AOccupancy permitO Jesus Urrechaga
10230 MOLLYLEA DR BATON ROUGE LA 70815DemolitionN/ADemolition of two burned single story buildingsO —
1440 GOVERNMENT ST BATON ROUGE LA 70802OccupancyN/ACommercial occupancy: warehouse spaceO Anthony Kimble
1854 PECK DR BATON ROUGE LA 70810ElectricalN/APanel has burnt bussing in it and needs replacing. We will need to shut power off to replace. And get same day inspectionO Barbara Jaworski
11832 NEWCASTLE AVE BATON ROUGE LA 70816OccupancyN/Aoffice spaceO —
10084 S CHOCTAW DR BATON ROUGE LA 70815OccupancyN/ACommercial occupancy: use cars saleO CHIQUITA MOORE
9955 FLORIDA BLVD BATON ROUGE LA 70815ElectricalN/AReplace meter guts and feeder APT 43O Glenn Sockwell
12515 AIRLINE HWY BATON ROUGE LA 70817ElectricalN/AInstall 200 AMP overhead service for Storage container office buildingO Ben Dutruch
9350 CORTANA PL BATON ROUGE LA 70815Commercial: RemodelN/AInterior 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 70808OccupancyN/AOffice use and warehouse space for Marine Electronics businessO Steven Burke
4935 BEECH ST BATON ROUGE LA 70805ElectricalN/ARebuild serviceO Cheryl Augustus
100 WOMAN'S WAY BATON ROUGE LA 70817Commercial: RemodelN/AInterior 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 70820OccupancyN/ANails SalonO Chi Vo
1680 COTTONDALE DR BATON ROUGE LA 70815OccupancyN/ACommercial Occupancy- Lights inside existing apartment buildingO Thelma Ward
5454 GOVERNMENT ST BATON ROUGE LA 70806OccupancyN/ARetail Store spaceO eugene brown
6450 GUYNELL DR BATON ROUGE LA 70811MechanicalN/AReplace 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 70809PlumbingN/Awater heater installO Gillian Triche
3482 STE I DRUSILLA LN BATON ROUGE LA 70809OccupancyN/Afitness clubO Paul Kaklis
16453 PLANK RD BAKER LA 70714MechanicalN/AReplace 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 70809OccupancyN/AOfficeO Vickie Harris
9033 PECAN TREE DR BATON ROUGE LA 70810ElectricalN/Areplace 100 amp load centerO Derrick Lemon
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