The Pulse BR: ALDI Grocery Buys Lot at Siegen and I-10

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

Commercial Sales Recorded Last Week

Tract A-2-A Siegen Lane
Tract A-2-A Siegen Lane

Type: Land
Price: $1,875,000 ($24.60 / Land SF)
Buyer: Aldi Inc
Elifin’s Notes: Aldi, a German-based grocery store chain, purchases lot near the Siegen Lane Village Shopping Center on the corner of Siegen Lane and I-10.

11512 Lake Sherwood Ave North
11512 Lake Sherwood Ave North

Type: Office
Price: $1,800,000 ($206 / SF)
Buyer: 11512 Laker Sherwood LLC
Elifin’s Notes: Pittsburgh-based Orbital Engineering purchase a Baton Rouge office on Lake Sherwood Ave N.

9418 Brookline Ave
9418 Brookline Ave

Type: Office
Price: $340,000 ($131 / SF)
Buyer: Joseph P Thomas LLC
Elifin’s Notes: Local counselor purchases his office building on Brookline Ave near the Drusilla Lane intersection.

2610 Scenic Hwy
2610 Scenic Hwy

Type: Industrial
Price: $265,000 ($53 / SF)
Buyer: A-Simmons Initiative LLC
Elifin’s Notes: Office/warehouse sells on Scenic Hwy just north of the Choctaw Dr intersection.

4833 Church St
4833 Church St

Type: Retail
Price: $262,500 ($150 / SF)
Buyer: Rockin’ Mozart Academy LLC
Elifin’s Notes: Commercial property sells to music school in Zachary.

5275 Airline Hwy
5275 Airline Hwy

Type: Land
Price: $235,000 ($2.15 / Land SF)
Buyer: Capital Area Transit System
Elifin’s Notes: The Capital Area Transit System purchases vacant lot on Airline Hwy near the McClelland Dr intersection.

2745 Florida Blvd
2745 Florida Blvd

Type: Specialty
Price: $124,000 ($38 / SF)
Buyer: 4th Flr Creative Agency Inc
Elifin’s Notes: Retail property sells on the corner of Florida St and Atkinson St.

10809 Greenwell Springs Rd
10809 Greenwell Springs Rd

Type: Specialty
Price: $100,000 ($10 / SF)
Buyer: Dirty Harry’s Properties II LLC
Elifin’s Notes: Industrial facility on 5+ acres sells on Greenwell Springs Rd near N Sherwood Forest Blvd.

6501 Jones Creek Rd
6501 Jones Creek Rd

Type: Land
Price: $100,000 ($12.75 / Land SF)
Buyer: Mollerberg Holdings LLC
Elifin’s Notes: Commercially-zoned lot sells on Jones Creek Rd near the Tiger Bend Rd intersection.

11217 Industriplex Blvd
11217 Industriplex Blvd

Type: Industrial
Price: Withheld
Buyer: Bar/Sher LLC
Elifin’s Notes: Local investors purchase large industrial property on the corner of Industriplex Blvd and Fieldstone Dr. Price withheld.

8225 YMCA Plaza Dr
8225 YMCA Plaza Dr

Type: Healthcare
Price: Withheld
Buyer: The Havens III LLC
Elifin’s Notes: The Haven at Windermere, an assisted living facility, is purchased by new owner. Price withheld.


Upcoming Planning Commission Cases

Scotlandville Small Area Plan

  • Submitted 6/14/2022 by Center for Planning Excellence. To amend the Community Design and Neighborhoods element of FUTUREBR to add the Scotlandville Community Strategic Plan to the small area plans listed in Part 3: Small Area Plans.
  • Application – View on Map

Beauregard Town Local Historic District Overlay

  • To revise the Official Zoning District Map to designate the boundary for the Beauregard Town Local Historic District to include generally as the area bounded to the south side of North Boulevard, west side of South 10th Street, north side of Interstate 10, and east side of Saint Louis Street.
  • View on Map

Beauregard Town Design Guidelines

  • Proposed adoption of Design Guidelines for Historic Beauregard Town.
  • 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®
Elifin Realty
marketing@elifinrealty.com
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