The Pulse BR: City of Baton Rouge purchases church campus for 1mm

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

Commercial Sales Recorded Last Week

11203 Proverbs Ave, Baton Rouge, LA 70816
11203 Proverbs Ave, Baton Rouge, LA 70816

Type: Industrial
Price: $1,200,000 ($15.08 / SF)
Buyer: Waring Oil Company LLC
Elifin’s Notes: Waring Oil Company purchases property from Lavigne Oil near Coursey Blvd.

10957 Greenwell Springs Rd, Baton Rouge, LA 70814
10957 Greenwell Springs Rd, Baton Rouge, LA 70814

Type: Specialty
Price: $1,000,000 ($129.87 / SF)
Buyer: The City of Baton Rouge
Elifin’s Notes: The City of Baton Rouge purchases a church campus and surrounding acreage on the corner of Greenwell Springs Rd and N Sherwood Forest Blvd.

938 W Garfield St, Baton Rouge, LA 70802
938 W Garfield St, Baton Rouge, LA 70802

Type: Land
Price: $285,000 ($5.50 / Land SF)
Buyer: BSC Industries LLC
Elifin’s Notes: Local investor purchases 14 commercially zoned lots north of LSU’s campus.

9936 Airline Hwy, Baton Rouge, LA 70816
9936 Airline Hwy, Baton Rouge, LA 70816

Type: Retail
Price: Withheld
Buyer: Ameaa Properties LLC
Elifin’s Notes: Local investors purchase convenience store with a connecting auto sale lot off Airline Hwy at Interline Hwy.

7119 Florida Blvd, Baton Rouge, LA 70806
7119 Florida Blvd, Baton Rouge, LA 70806

Type: Retail
Price: Withheld
Buyer: Saad Greenwell Springs Property LLC
Elifin’s Notes: Local investor purchases retail space anchored by a Dollar Tree on Florida Blvd.


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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