The Pulse BR: Exxon Mobil purchases land off Scenic Hwy

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

Commercial Sales Recorded Last Week

7358 Theola Hines Lane, Gonzales, LA 70737
7358 Theola Hines Lane, Gonzales, LA 70737

Type: Land
Price: $687,500 ($0.62 / Land SF)
Buyer: RRL Holdings LLC
Elifin’s Notes: Through three separate transactions, RRL Holdings LLC purchases two vacant land parcels combining to hold 25+ acres located at the intersection of I-10 and Hwy 941

326 East Cornerview Street, Gonzales, LA 70737
326 East Cornerview Street, Gonzales, LA 70737

Type: Office
Price: $420,000 ($140.00 / SF)
Buyer: F&T Properties Ascension LLC
Elifin’s Notes: An office property sells along East Cornerview Street in Gonzales

2929 Scenic Highway, Baton Rouge, LA 70805
2929 Scenic Highway, Baton Rouge, LA 70805

Type: Land
Price: $350,000 ($5.54 / Land SF)
Buyer: Exxon Mobil Corporation
Elifin’s Notes: Exxon Mobil purchases lots on Scenic Hwy that formerly housed Rhodes Funeral Home.

4332 Rhoda Dr, Baton Rouge, LA 70816
4332 Rhoda Dr, Baton Rouge, LA 70816

Type: Industrial
Price: $300,000 ($74.07 / SF)
Buyer: C3 Design LLC
Elifin’s Notes: Coastal Threads purchases industrial property on Rhoda Dr.

11919 Sunray Ave (Units B, C, D), Baton Rouge, LA 70816
11919 Sunray Ave (Units B, C, D), Baton Rouge, LA 70816

Type: Office
Price: $267,500 ($66.53 / SF)
Buyer: JBCB Commercial LLC
Elifin’s Notes: Local investors purchases 3 suites in a Sunray Ave office building.


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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