The Pulse BR: 77-Room hotel sells near BTR

07 Jul The Pulse BR: 77-Room hotel sells near BTR

Posted at 09:15h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

2949 Varsity St, Baton Rouge, LA 70807

Type: Hospitality
Price: $1,400,000 ($18,182 / Unit)
Buyer: Brothers Hospitality LLC
Elifin’s Notes: A hotel property with 77 rooms changes ownership across from the Baton Rouge Metropolitan Airport.

Tract A Hwy 22, Darrow, LA 70725

Type: Land
Price: $1,392,000 ($0.36 / Land SF)
Buyer: RRL Holdings LLC
Elifin’s Notes: An 88+ acre parcel of land sells along Louisiana Highway 22.

12320 S Choctaw Dr, Baton Rouge, LA 70815

Type: Industrial
Price: $1,100,000 ($73.33 / SF)
Buyer: Red Stick Service Group, LLC
Elifin’s Notes: An industrial property with office and warehouse space sells on South Choctaw Drive.

4603 Bluebonnet Blvd, Baton Rouge, LA 70809

Type: Office
Price: $681,000 ($219.96 / SF)
Buyer: FCT Holdings LLC
Elifin’s Notes: FCT Holdings LLC acquires a garden office at the Oaks at Bluebonnet Parc.

8110 Summa Ave, Baton Rouge, LA 70809

Type: Office
Price: $565,000 ($177.34 / SF)
Buyer: Myrick and Singleton LLC
Elifin’s Notes: Myrick and Singleton LLC acquires an office property on Summa Avenue.

12021 Bricksome Ave, Baton Rouge, LA 70816

Type: Office
Price: $525,000 ($92.11 / SF)
Buyer: CMHHQ LLC
Elifin’s Notes: An office property changes ownership off of South Sherwood Forest Boulevard.

42369 E Hwy 30, Gonzales, LA 70737

Type: Land
Price: $487,500 ($1.49 / Land SF)
Buyer: Swanson, Gregory J
Elifin’s Notes: A 7+ acre parcel of land sells on East Highway 30.

311 E Airport Ave, Baton Rouge, LA 70806

Type: Office
Price: $475,000 ($95.00 / SF)
Buyer: Islamic Center of Baton Rouge
Elifin’s Notes: The Islamic Center of Baton Rouge acquires a two-story office property in front of their Masjid Al-Rahman.

2268, 2274 Wooddale Blvd, Baton Rouge, LA 70806

Type: Industrial
Price: $380,000 ($31.67 / SF)
Buyer: Glass Property Investments LLC
Elifin’s Notes: A two-building commercial property with a front office building and an industrial warehouse in the rear sells on Wooddale Boulevard.

1295 Church St, Zachary, LA 70791

Type: Office
Price: $306,000 ($214.74 / SF)
Buyer: Audere Est Facere LLC
Elifin’s Notes: An office property changes hands on Church Street in Zachary.

4405 Hatcher Ave, Baton Rouge, LA 70806

Type: Specialty
Price: $200,000 ($86.02 / SF)
Buyer: Certified Institute of Business Entrepreneurs, Inc
Elifin’s Notes: A church property sells on Hatcher Avenue.

4295 Prescott Ct, Baton Rouge, LA 70805

Type: Specialty
Price: Withheld
Buyer: Southwest Region Conference Association of 7th Day Adventists
Elifin’s Notes: A 7th Day Adventists group acquires the Martin Luther King Jr. Christian Academy on Prescott Court.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
11311 FLORIDA BLVD	New Building Permit (C) $2,500,000	(EXPEDITED) New construction for a new convenience store with gas sales.	[O] [A] C. Joseph Richard [C] LEGENDS DEVELOPMENT, LLC
2147 STARING LN	Existing Bldg – Remodel Only (C) $100,000	Remodel interior of gas station. Move bathrooms, paint, new floors, new cabinets, adding kitchen for deli.	[O] [A] David Albrecht [C] NKE Developments, LLC – David Joe Albrecht
17255 S HARRELL’S FERRY RD	Existing Bldg – Remodel Only (C) $42,000	(EXPEDITED) This project consists of the remodel of an existing 1,300 square foot school administrative building. The project involves reworking the lobby space to provide a larger and more secure area are visitors.	[O] [A] Cecilia Gomes [C] The Lemoine Company, L.L.C
3510 DRUSILLA LN	Mechanical Permit (C) $22,000	Embroidery Shop Install 2 5-ton condensers and air handlers	[O] [A] Kerry Scavona [C] A & K HEATING AND A/C, INC. – Kerry Scavona
7440 EXCHANGE PL	Occupancy Permit (C) $20,000	The existing commercial space located at 7440 Exchange Place will be utilized for general office purposes. The space will primarily be used for administrative work, meetings, data processing, client consultations,research and development.	[O] Troy Robertson [A] Troy Robertson [C] Integrity Group BR – Ashley
1295 Groom Rd	Sign Permit (C) $18,000	Commercial Monument Sign	[O] [A] Nathan Fourrier [C] N/A
1188 ROSENWALD RD	Existing Bldg – Remodel Only (C) $12,000	Building 5 contains 4 units. Cosmetic repairs to include condenser change out, painting, sheetwork and minor flooring repair.	[O] [A] david timoll [C] Neighborhood Restoration of BR LLC – David Timoll
4503 WINBOURNE AVE	Sign Permit (C) $11,600	Sign – Pylon	[O] [A] Huy Tran [C] LED, Inc.
1188 ROSENWALD RD	Existing Bldg – Remodel Only (C) $8,000	Building 4 contains 4 units. Work includes painting, sheetrock, minor flooring and trim molding.	[O] [A] david timoll [C] Neighborhood Restoration of Baton Rouge, LLC – David Sean Timoll
307 3RD ST	Existing Bldg – Remodel Only (C) $6,800	smoothie & Juice bar	[O] [A] Leo Sanfie [C] N/A
2638 S SHERWOOD FOREST BLVD	Sign Permit (C) $4,050	Commercial Wall Sign	[O] [A] Jeremy Halford [C] BATON ROUGE SIGN AND GRAPHICS – Jeremy Halford
2627 S SHERWOOD FOREST BLVD	Existing Bldg – Remodel Only (C) $500	Minor renovation of existing restaurant. Cut exposed wires, install electrical outlets. NO alcohol sales/service.	[O] Reina Pavon [A] Reina Pavon [C] Mi Catrachita Honduras Food Express LLC – Reina Pavon
601 S RIVER ROAD	Electrical Permit (C) $100	July 9th 2am-10am July 10th 2am-10am Installing new breakers and switch board.	[O] [A] JONATHAN FRISCHHERTZ [C] FRISCHHERTZ ELECTRIC CO., INC. – Gregg Frischhertz
1443 STE 10 DELPLAZA DR	Electrical Permit (C) $1	Clean and Show, Suite 10	[O] [A] Lacy Amason [C] N/A
3275 HIGHLAND RD	Occupancy Permit (C) N/A	Retail Smoke shop and novelty gifts	[O] [A] Gary Bettencourtt [C] N/A
17255 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	It is a school for grades K-5th.	[O] [A] Brittany Dellavalle [C] N/A
17255 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	It is a school for grades K-5th	[O] [A] Brittany Dellavalle [C] N/A
17255 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	It is a school for grades K-5th	[O] [A] Brittany Dellavalle [C] N/A
124 W CHIMES ST	Occupancy Permit (C) N/A	used to be city slice building is white and red	[O] [A] Peter Losavio [C] N/A
17255 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	It is a school for grades K-5th	[O] [A] Brittany Dellavalle [C] N/A
17255 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	It is a school for grades K-5th	[O] [A] Brittany Dellavalle [C] N/A
17255 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	It is a school for grades K-5th	[O] [A] Brittany Dellavalle [C] N/A
17255 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	This is an a school for grades K-5th grade.	[O] [A] Brittany Dellavalle [C] N/A
17255 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	It is a school for grades K-5th	[O] [A] Brittany Dellavalle [C] N/A
121 MAYFLOWER ST	Demolition Permit (C) N/A	COMPLETED DEMOLITION OF PILOT HOUSE BUILDING. SCOPE INCLUDES THE DEMOLITION OF (3) EXTERIOR CANOPIES, REMOVAL OF EXISTING SOFT LANDSCAPING AND HARDSCAPED SURFACES, INCLUDING PLANTERS, LIGHT POLES, EXTERIOR STAIRS AND RAILINGS, AS WELL AS EXTERIOR CONCRETE SIDEWALK PAVERS AND CURB.	[O] [A] Siddiqh Mohammed [C] N/A
17255 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	It is a school for grades K-5th	[O] [A] Brittany Dellavalle [C] N/A
17255 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	It is a school for grades K-5th	[O] [A] Brittany Dellavalle [C] N/A
5533 AIRLINE HWY	Occupancy Permit (C) N/A	Commercial Office Space	[O] Brad Hitchens [A] Brad Hitchens [C] N/A
5521 AIRLINE HWY	Occupancy Permit (C) N/A	Church	[O] Brad Hitchens [A] Brad Hitchens [C] N/A
1819 S SHERWOOD FOREST BLVD	Occupancy Permit (C) N/A	Old tenant is moving out and space will be vacant & utilities in the owner’s business name until a new tenant moves in	[O] [A] Ray Tromba [C] N/A
10777 COURSEY BLVD	Occupancy Permit (C) N/A	Retail sales for hot tubs	[O] [A] Donna Allman [C] N/A
12021 BRICKSOME AVE	Occupancy Permit (C) N/A	It will be the headquarters for my businesses. The building will house my office staff and training for my workers.	[O] [A] Connie Harvey [C] N/A
17255 S HARRELL’S FERRY RD	Occupancy Permit (C) N/A	It is a school for grades K-5th	[O] [A] Brittany Dellavalle [C] N/A
8833 GOODWOOD BLVD	Demolition Permit (C) N/A	Demolition of an existing slab left on the site after the existing church and parish hall were lost in a fire, sidewalks, and existing courtyard and various trees and plantings on the site in preparation for the construction of a new church and parish hall.	[O] Bryan Owen [A] Joshua Hoffpauir [C] DONAHUEFAVRET CONTRACTORS, INC.
1881 OAK VILLA BLVD	Occupancy Permit (C) N/A	Building will be used as a drop site for trucks and trailers.	[O] [A] Nicholas Jones [C] N/A
1194 BOB PETTIT BLVD	Occupancy Permit (C) N/A	The building is to be opened as a retail shop selling tobacco, smoke accessories, and miscellaneous gift items such as candles and keychains.	[O] [A] Rania Ahmed [C] N/A
5525 AIRLINE HWY	Occupancy Permit (C) N/A	Barbershop	[O] [A] Brad Hitchens [C] N/A
13822 FLORIDA BLVD	Occupancy Permit (C) N/A	Commercial Storage for Rental Items	[O] [A] Jonard Harden [C] N/A
3839 Scenic Highway	Demolition Permit (C) N/A	Remove and dispose of Verizon 12’x24′ fiberglass equipment shelter for existing un-manned telecommunications site.	[O] [A] James Pollock [C] CMS Wireless, LLC – Robert Foster
15363 OLD HAMMOND HWY	Occupancy Permit (C) N/A	Retail Store	[O] [A] Daryl Chenier [C] N/A
2022 LOBDELL BLVD	Occupancy Permit (C) N/A	This is an permit for the pool. The power was disconnected, previous balance was paid. Spke with Entergy, and they said now all we need is the permit department to come out to inspect the pool before services can be reconnected. The new account number with Entergy for the pool is 208820936.	[O] [A] Bria Vet [C] N/A
12308 PLANK RD	Occupancy Permit (C) N/A	Need Clean and Show permit for Entergy,	[O] [A] Lloyd Ruffins [C] N/A
1776 THOMAS H DELPIT DR	Occupancy Permit (C) N/A	POWER TURNED ON	[O] [A] Quante Hardeman [C] N/A
9244 STE B FLORIDA BLVD	Occupancy Permit (C) N/A	Retail space	[O] [A] Takeisha Hinton Takeisha Hinton [C] N/A
9660 S CHOCTAW DR	Occupancy Permit (C) N/A	Office building	[O] [A] Lamon Plummer [C] N/A
11822 JUSTICE AVE	Occupancy Permit (C) N/A	This office will be used for the Louisiana Association of Principals administrative office. The Louisiana Association of Principals is a 501(c)6 non profit professional association.	[O] [A] Karen Triche [C] N/A
2668 ROME DR	Occupancy Permit (C) N/A	Parts inventory and minor maintenance on our ready mix concrete truck fleet.	[O] [A] Wallace Heck [C] N/A
2618 OSAGE ST	Occupancy Permit (C) N/A	PARTIES AND EVENTS RENTER FOR PARTIES	[O] [A] CALVIN LEVERSON [C] N/A
12320 S CHOCTAW DR	Occupancy Permit (C) N/A	This building will be used for business operations.	[O] [A] David Hofstetter [C] N/A
8888 AIRLINE HWY	Occupancy Permit (C) N/A	storage	[O] [A] Rachael Gordon [C] N/A

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.

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