The Pulse BR: City of Central purchases 9.5 acres

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

Commercial Sales Recorded Last Week

9708 Greenwell Springs Rd
9708 Greenwell Springs Rd

Type: Retail
Price: $2,325,000 ($775,000 / Unit)
Buyer: Park Forest Self Storage LLC
Elifin’s Notes: Shopping center on Greenwell Springs Rd sells to Midwest Self Storage Development, a company that repurposes underutilized commercial properties into state-of-the-art climate controlled storage facilities.

Tracts 6-B, 6-D, 6-E, 6-F Plank Rd
Tracts 6-B, 6-D, 6-E, 6-F Plank Rd

Type: Land
Price: $1,600,000 ($1.90 / Land SF)
Buyer: Roadrunner Towing and Recovery Inc
Elifin’s Notes: Roadrunner Towing and Recovery Inc purchase 19+ acres on Plank Rd across from the Baton Rouge airport.

14801 Scenic Hwy
14801 Scenic Hwy

Type: Industrial
Price: $900,000 ($9 / SF)
Buyer: CNAK Consulting LLC
Elifin’s Notes: Industrial facility on 63 acres sells off Scenic Hwy.

3845 Hwy 19
3845 Hwy 19

Type: Self-Storage
Price: $750,000 ($5,282 / Unit)
Buyer: JHJ Ventures 1 LLC
Elifin’s Notes: ABC Self Storage, a 142 unit self storage facility in Zachary, sells to Port Allen-based investor.

11423 Sullivan Rd
11423 Sullivan Rd

Type: Land
Price: $594,000 ($1.43 / Land SF)
Buyer: City of Central
Elifin’s Notes: The City of Central purchases 9.55 acres near the corner of Sullivan Rd and Hooper Rd.

14635 S Harrells Ferry Rd, Unit 6A
14635 S Harrells Ferry Rd, Unit 6A

Type: Office
Price: $146,000 ($125 / SF)
Buyer: All in Favor Sherwood LLC
Elifin’s Notes: Office suite sells in the Forest Pines Office Park.

13343 Abraham Dr
13343 Abraham Dr

Type: Retail
Price: $125,000 ($36 / SF)
Buyer: A Step Above Children’s Learning Academy LLC
Elifin’s Notes: Day care facility sells in the Lincoln Heights subdivision.

7967 Office Park Blvd
7967 Office Park Blvd

Type: Office
Price: Withheld
Buyer: DJR Legal Office Property LLC
Elifin’s Notes: Local attorney purchases office building near the corner of Office Park Blvd and Jefferson Hwy. Price withheld.


Upcoming Planning Commission Cases

Leland Lakes Sudivision

  • Submitted 9/29/2022 by Hunter Duvic. Proposed major subdivision with public streets on property located on the north side of Comite Drive, south of Creole Drive. 86.7 acres. Average size of proposed lots: 11,967 SF.
  • Application – View on Map

Proposed Daquiri Shop on N Acadian Thwy

  • Submitted 9/26/2022 by Wilton Alexander. Proposed rezoning from Light Commercial (C1) to Commercial Alcoholic Beverage (bar and lounge)(C-AB-2) on property located on the west side of North Acadian Thruway West, south of Cain Street for proposed daquiri shop.
  • 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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