The Pulse BR: 30 Acres along Nicholson Dr sell for 9.5mm

17 Apr The Pulse BR: 30 Acres along Nicholson Dr sell for 9.5mm

Posted at 08:52h 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

30 Acres Nicholson Dr

Type: Land
Price: $9,500,000 ($7.27 / Land SF)
Buyer: Baton Rouge Acquisitions LLC
Elifin’s Notes: Commercial Properties Realty Trust purchases approximately 30 acres on Nicholson Dr between downtown and LSU from Goldman Sachs.

12046 Cloverland Ct

Type: Industrial
Price: $545,000 ($91.77 / SF)
Buyer: Mimosa by ME LLC
Elifin’s Notes: Industrial property with a climate controlled warehouse and office space sells on Cloverland Ct.

5711 S Sherwood Forest Blvd

Type: Retail
Price: $348,000 ($181.34 / SF)
Buyer: BRECO Federal Credit Union
Elifin’s Notes: BRECO Federal Credit Union purchases former Campus Federal Credit Union location on S Sherwood Forest Blvd.

3508 Groom Rd

Type: Office
Price: $200,100 ($26.68 / SF)
Buyer: LA Petite Shopping Center LLC
Elifin’s Notes: Baton Rouge attorney purchases Baker-area office building.

12056 Cloverland Ct

Type: Land
Price: $150,000 ($3.92 / Land SF)
Buyer: Mimosa by ME LLC
Elifin’s Notes: Industrially zoned lot sells on Cloverland Ct.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
10313 AIRLINE HWY	Commercial: New $3,000,000	A new used car building for All Star Automotive.	[O] Dennis Carlin [A] Britany Wethey [C] ARKEL CONSTRUCTORS, LLC
4701 SOUTHPARK DR	Commercial: New $2,000,000	New construction of 3 story Apartment building with 15 units, Units 101-105, 201-205, 301-305 & HP.	[O] Tupac de la cruz [A] Danielle Johnson [C] ROOFING SOLUTIONS, L.L.C.
4630 BLUEBONNET BLVD	Commercial: New $800,000	(Expedited) New Construction of 5,440 sq. ft. doctor’s clinic.	[O] [A] Ritter Maher [C] BERNHARD – NORMAND CONSTRUCTION LLC
8325 NED AVE	Commercial: Remodel $180,000	(Expedited) Exterior and interior renovation of fire damaged 4-plex. Scope of work includes framing, electrical, plumbing, mechanical, sheetrock, new floors, trim and kitchens.	[O] Andres Villamil [A] Laura Martinez [C] GBU CONSTRUCTION TEAM LLC
6633 GOVERNMENT ST	Commercial: Remodel $100,000	(Expedited) Interior Remodel	[O] [A] James Percy [C] Build Commercial Construction, LLC
13146 FLORIDA BLVD	Commercial: Remodel $35,000	Interior remodel to existing McDonald’s	[O] Andy Lee [A] Jasmine Rios [C] F. BAHAM CONSTRUCTION CO., INC.
4361 SHERWOOD COMMON BLVD	Cell Tower $35,000	Modify ground based and tower mounted equipment on existing cell tower as per plans	[O] American Tower [A] Dan Berni [C] EASTEX TOWER LLC
1947 JASPER AVE	Commercial: Remodel $10,474	Exterior renovation only of fourplex property. Siding replacement.	[O] THOMAS HANLON [A] Joel Galindo Flores [C] JVG CONSTRUCTION LLC – Joel Galindo Flores
1937 JASPER AVE	Commercial: Remodel $10,474	Exterior renovation only of fourplex. Siding replacement. No Electrical, Mechanical or Plumbing in scope.	[O] THOMAS HANLON [A] Joel Galindo Flores [C] JVG CONSTRUCTION LLC – Joel Galindo Flores
1927 JASPER AVE	Commercial: Remodel $10,474	Exterior renovation only of fourplex. Siding replacement. No electrical, mechanical or plumbing in scope of work.	[O] Thomas Hanlon [A] Joel Galindo Flores [C] JVG CONSTRUCTION LLC – Joel Galindo Flores
415 BEDFORD DR	Fence $6,500	Fence project	[O] Angel Ortiz [A] ANGEL ORTIZ [C] ZITRO CONSTRUCTION SERVICES LLC
17700 PLANK RD	Occupancy: Event $1,000	Monster truck show. (2) 20′ x 50′ temporary concession tents from 4/22/23- 4/23/23.	[O] Kylee Shepperd [A] Kylee Shepperd [C] Garden Motorsports
647 BUNGALOW LN	Fence $500	Residential Fence	[O] Mat Keel [A] Mat Keel [C] Mat Keel

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

Elifin Realty

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