The Pulse BR: City of Central purchases 356 acres

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

Commercial Sales Recorded Last Week

356.3 acres Wax Rd, Baton Rouge, LA 70818
356.3 acres Wax Rd, Baton Rouge, LA 70818

Type: Land
Price: $5,700,000 ($0.37 / Land SF)
Buyer: Central City Of
Elifin’s Notes: The City of Central, presumably for the planned Mainstreet 2030 project, purchases 356+ acres of land located between Wax Road and Hooper Road.

34411 Terminal Ct, Geismar, LA 70734
34411 Terminal Ct, Geismar, LA 70734

Type: Industrial
Price: $1,850,000 ($148.91 / SF)
Buyer: Red Ball Oxygen Co Inc
Elifin’s Notes: Red Ball Oxygen Co. Inc, acquires an industrial property on Terminal Court.

11307 Coursey Blvd, Baton Rouge, LA 70816
11307 Coursey Blvd, Baton Rouge, LA 70816

Type: Retail
Price: $1,600,000 ($142.01 / SF)
Buyer: 11307 Coursey LLC
Elifin’s Notes: The b1BANK property changes hands on Coursey Boulevard.

17639 Old Jefferson Hwy, Prairieville, LA 70769
17639 Old Jefferson Hwy, Prairieville, LA 70769

Type: Office
Price: $300,000 ($187.50 / SF)
Buyer: George, Sherrie
Elifin’s Notes: A dwelling turned office property sitting on an 0.9 acre parcel of land sells next to Our Lady of Lourdes Physicians Group in Prairieville.

914, 918 N Burnside Ave, Gonzales, LA 70737
914, 918 N Burnside Ave, Gonzales, LA 70737

Type: Retail
Price: $167,000 ($115.41 / SF)
Buyer: Riverside Barbershop LLC
Elifin’s Notes: A retail property changes hands at the corner of North Burnside Avenue and East New River Road

Lot 2-A-1 North St, Baton Rouge, LA 70802
Lot 2-A-1 North St, Baton Rouge, LA 70802

Type: Land
Price: $165,000 ($4.73 / Land SF)
Buyer: Miller & Miller Investments
Elifin’s Notes: Miller & Miller Investments purchases an 0.8 acre parcel of land at the corner of North Street and Kernan Avenue.

2775 N Flannery Rd, Baton Rouge, LA 70814
2775 N Flannery Rd, Baton Rouge, LA 70814

Type: Industrial
Price: Withheld
Buyer: Ducote Jax Holdings LLC
Elifin’s Notes: Ducote Jax Holdings acquires an industrial property on North Flannery Road.

5707 Hollywood Crossover St, Baton Rouge, LA 70805
5707 Hollywood Crossover St, Baton Rouge, LA 70805

Type: Retail
Price: Withheld
Buyer: MacMorran Bruce D
Elifin’s Notes: A retail strip center property sells on Hollywood Crossover Street.


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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