The Pulse BR: 43 acres sold on Bluebonnet Blvd

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

Commercial Sales Recorded Last Week

4400 McHugh Rd, Zachary, LA 70791
4400 McHugh Rd, Zachary, LA 70791

Type: Healthcare
Price: $7,000,000 ($159.55 / SF)
Buyer: Ashbrook Oakwood LLC
Elifin’s Notes: Ashbrook Oakwood LLC acquires Oakwood Village Assisted Living on Mchugh Road.

1702 N Burnside Ave, Gonzales, LA 70737
1702 N Burnside Ave, Gonzales, LA 70737

Type: Office
Price: $1,200,000 ($203.39 / SF)
Buyer: Guillot Properties LLC
Elifin’s Notes: A medical office property sells at the corner of North Burnside Avenue & East Bayou Narcisse Road.

644, 662 North Donmoor Avenue, Baton Rouge, LA 70806
644, 662 North Donmoor Avenue, Baton Rouge, LA 70806

Type: Multifamily
Price: $827,500 ($45,972 / Unit)
Buyer: Killarney 644-662, LLC
Elifin’s Notes: A two building, 18-unit, multifamily property sells on North Donmoor Avenue.

5608 Main St, Zachary, LA 70791
5608 Main St, Zachary, LA 70791

Type: Office
Price: $617,500 ($276.91 / SF)
Buyer: Hutton Zachary LA ST LLC
Elifin’s Notes: A Tennessee-based commercial real estate company, acquires one of two office properties on Main Street, as the City of Zachary recently approved development plans for a coffee retailer at the site.

2940 S Ruby St, Gonzales, LA 70737
2940 S Ruby St, Gonzales, LA 70737

Type: Industrial
Price: $500,000 ($100.00 / SF)
Buyer: 8412 El Cajon LLC
Elifin’s Notes: A local investor purchases an industrial building on South Ruby Street in Gonzales.

5568 Main St, Zachary, LA 70791
5568 Main St, Zachary, LA 70791

Type: Office
Price: $332,500 ($123.15 / SF)
Buyer: Hutton Zachary LA ST LLC
Elifin’s Notes: A Tennessee-based commercial real estate company, acquires one of two office properties on Main Street, as the City of Zachary recently approved development plans for a coffee retailer at the site.

10334 South Choctaw Drive, Baton Rouge, LA 70815
10334 South Choctaw Drive, Baton Rouge, LA 70815

Type: Industrial
Price: $300,000 ($50.00 / SF)
Buyer: CVR Holdings, LLC
Elifin’s Notes: CVR Holdings, LLC purchases this property as one of two industrial properties it purchased this past week.

10374 S Choctaw Dr, Baton Rouge, LA 70815
10374 S Choctaw Dr, Baton Rouge, LA 70815

Type: Industrial
Price: $200,000 ($53.33 / SF)
Buyer: CVR Holdings, LLC
Elifin’s Notes: CVR Holdings, LLC purchases this property as one of two industrial properties it purchased this past week.

8770 Greenwell Springs Rd, Baton Rouge, LA 70814
8770 Greenwell Springs Rd, Baton Rouge, LA 70814

Type: Retail
Price: $182,000 ($67.99 / SF)
Buyer: DKZ Realty Investments LLC
Elifin’s Notes: DKZ Realty Investments LLC acquires a retail property on Greenwell Springs Road.

6507 Airline Hwy, Baton Rouge, LA 70805
6507 Airline Hwy, Baton Rouge, LA 70805

Type: Land
Price: $150,000 ($3.28 / Land SF)
Buyer: Economy Wholesale Furniture Inc
Elifin’s Notes: Economy Wholesale Furniture Inc acquires a 1+ acre parcel of land near East Brookstown Park.

Lot V-2 Bluebonnet Blvd, Baton Rouge, LA 70810
Lot V-2 Bluebonnet Blvd, Baton Rouge, LA 70810

Type: Land
Price: Withheld
Buyer: West Village Development CDL LLC
Elifin’s Notes: West Village Development CDL LLC acquires a 43.7+ acre parcel of land near the intersection of Nicholson & Bluebonnet.


Commercial Permits Issued Last Week


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
marketing@elifinrealty.com
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