The Pulse BR: 5.5 million in new construction at local Catholic church

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

Commercial Sales Recorded Last Week

6630 Siegen Lane
6630 Siegen Lane

Type: Multifamily
Price: $39,500,000 ($126,603 / Unit)
Buyer: Hidden Oaks Owner LLC
Elifin’s Notes: The Hidden Oaks at Siegen, a 312 unit apartment complex, sells to CLK Properties, a New York-based real estate investment firm.

6551 Bluebonnet Blvd
6551 Bluebonnet Blvd

Type: Retail
Price: $2,700,000 ($264 / SF)
Buyer: Halle Properties LLC
Elifin’s Notes: Discount Tire purchases the former Sears Auto Center at the Mall of Louisiana.

4141 Burbank Drive
4141 Burbank Drive

Type: Multifamily
Price: $1,325,000 ($66,250 / Unit)
Buyer: Sanovan Properties LLC
Elifin’s Notes: Bordeaux apartments, a 20 unit complex south of LSU’s campus, sell to local investor.

1536 Jasper Ave
1536 Jasper Ave

Type: Portfolio
Price: $745,000 ($62,083 / Unit)
Buyer: JSR1 LLC
Elifin’s Notes: Local investors purchase three fourplex properties on Jasper Ave.

2024 Staring Lane
2024 Staring Lane

Type: Retail
Price: $315,000 ($76 / SF)
Buyer: Kenvivi LLC
Elifin’s Notes: Car wash property sells on Staring Lane near the Perkins Rd intersection.

17418 Old Hammond Hwy
17418 Old Hammond Hwy

Type: Land
Price: $300,000 ($0.96 / Land SF)
Buyer: Francisco Antonio Diaz
Elifin’s Notes: Commercially zoned acreage sells on Old Hammond Hwy near Florida Blvd.

6378 Quinn Dr
6378 Quinn Dr

Type: Office
Price: $250,000 ($52 / SF)
Buyer: Serenity Home Solutions LLC
Elifin’s Notes: Office building sells off of Tiger Bend Rd on Quinn Dr.


Upcoming Planning Commission Cases

Proposed New Restaurant at 2801 Nicholson Drive

  • Submitted 10/26/22 by Chad Stevens. Proposed rezone from Infill Small Planned Unit Development (ISPUD) to Light Commercial One (LC1) on property located on the east side of Nicholson Drive, south of West Garfield Street. For proposed use of a restaurant.
  • Staff Report – Application – View on Map

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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