The Pulse BR: City of Zachary purchases lot behind Wendy’s

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

Commercial Sales Recorded Last Week

14707 Perkins Rd
14707 Perkins Rd

Type: Office
Price: $2,100,000 ($250 / SF)
Buyer: EJW Properties LLC
Elifin’s Notes: Local investor purchases Perkins Rd office building on 1.5 acres.

2618 Wooddale Blvd
2618 Wooddale Blvd

Type: Office
Price: $1,128,750 ($8 / SF)
Buyer: 1008 Jourdan SPE LLC
Elifin’s Notes: Natchitoches-based buyer purchases Windsor Court Office Plaza near the corner of Airline Hwy and Greenwell Springs Rd.

11591 Merchant Dr
11591 Merchant Dr

Type: Industrial
Price: $765,000 ($76 / SF)
Buyer: E&G Real Estate Investments LLC
Elifin’s Notes: Local real estate agents and investors, Grey Mullins and Edward Rotenberg, purchase industrial building off Rieger Rd.

7185 Scobell Dr
7185 Scobell Dr

Type: Portfolio
Price: $480,000 ($30 / SF)
Buyer: KRV LLC
Elifin’s Notes: Industrial properties sell on Wooddale Blvd and Scobell Dr.

4627 Tigerland Avenue
4627 Tigerland Avenue

Type: Multifamily
Price: $465,000 ($46,500 / Unit)
Buyer: Tigerland Studios LLC
Elifin’s Notes: The Study, a 10-unit apartment complex in Tigerland, sells to investor and real estate agent Miguel Castro, Jr.

4626 Sherwood Common Blvd, Unit 302
4626 Sherwood Common Blvd, Unit 302

Type: Office
Price: $195,000 ($172 / SF)
Buyer: M Investments LLC
Elifin’s Notes: Local attorney purchases office suite at the Sherwood Common Office Park.

.48 Acres Carpenter Rd
.48 Acres Carpenter Rd

Type: Land
Price: $138,264 ($6.61 / Land SF)
Buyer: City of Zachary
Elifin’s Notes: The City of Zachary purchases nearly half an acre of land from the company that owns the Wendy’s property on Main St.

11714 Newcastle Ave
11714 Newcastle Ave

Type: Land
Price: $110,000 ($6.31 / Land SF)
Buyer: Kumar LLC
Elifin’s Notes: Office developer Neal Patel purchases commercially zoned lot just off South Sherwood Forest Blvd.


Upcoming Planning Commission Cases

Burbank University, Concept Plan Revision 12

  • Submitted 1/5/23 by C. Joseph Richard. Proposed revision to provide an additional vehicular connection on 550 acre development property located on the north side of Nicholson Drive, east of Ben Hur Road.
  • Plans – Staff Report – 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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