The Pulse BR: Former Hancock Whitney on Industriplex sells

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

Commercial Sales Recorded Last Week

11033 Industriplex Blvd
11033 Industriplex Blvd

Type: Retail
Price: $800,000 ($207 / SF)
Buyer: AGP Investments LLC
Elifin’s Notes: Former bank branch on Industriplex Blvd sells to local investor.

6074 Stumberg Lane
6074 Stumberg Lane

Type: Mixed-Use
Price: $500,000 ($142 / SF)
Buyer: Raymond L Shepherd Jr and Kathy Morrow Shepherd
Elifin’s Notes: Local couple purchases office building off Stumberg Lane near the Jefferson Hwy intersection.

Tract A Prescott Rd
Tract A Prescott Rd

Type: Land
Price: $150,300 ($0.52 / Land SF)
Buyer: The Baton Rouge Water Works Company
Elifin’s Notes: The Baton Rouge Water Company purchases commercially zoned tract of land near the intersection of Prescott Rd and Plank Rd.

14879 Tiger Bend Rd
14879 Tiger Bend Rd

Type: Land
Price: Withheld
Buyer: Docbox, LLC
Elifin’s Notes: Local CPA purchases two commercially zoned lots on the corner of Tiger Bend Rd and Jones Creek Rd. Price withheld.


Upcoming Planning Commission Cases

Rezoning for restaurant on Greenwell Springs Rd

  • Submitted 9/1/2022 by Nghein Vo. Proposed rezone from Light Commercial (C1) to Commercial Alcoholic Beverage (restaurant) (C-AB-1) on property located on the south side of Greenwell Springs Road, west of Oak Forest Avenue.
  • Application – View on Map

Rezoning at Park Forest Shopping Center

  • Submitted 10/22/22 by Lawrene Champagne. Proposed rezone from Light Commercial Three (LC3) to Heavy Commercial One (HC1) on property located on the south side of Greenwell Springs Road, west of Platt Drive.
  • 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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