The Pulse BR: Geismar industrial properties sold for 7.2mm

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

Commercial Sales Recorded Last Week

6014, 6124 Copperhead Rd, Geismar, LA 70734
6014, 6124 Copperhead Rd, Geismar, LA 70734

Type: Industrial
Price: $4,200,000 ($148.94 / SF)
Buyer: Casso Enterprises LLC
Elifin’s Notes: In one of two purchases this past week, Casso Enterprises LLC purchases two non-adjacent properties within the Copperhead Industrial area in Geismar

6087, 6091 Copperhead Rd, Geismar, LA 70734
6087, 6091 Copperhead Rd, Geismar, LA 70734

Type: Industrial
Price: $3,000,000 ($105.63 / SF)
Buyer: Casso Enterprises LLC
Elifin’s Notes: In one of two purchases this past week, Casso Enterprises LLC purchases two neighboring industrial properties within the Copperhead Industrial area in Geismar

3135 Nicholson Dr, Baton Rouge, LA 70802
3135 Nicholson Dr, Baton Rouge, LA 70802

Type: Retail
Price: $2,600,000 ($443.99 / SF)
Buyer: 3135 Nicholson Investments LLC
Elifin’s Notes: Convenience store sells near the north gates of LSU.

9111 Jefferson Hwy, Baton Rouge, LA 70809
9111 Jefferson Hwy, Baton Rouge, LA 70809

Type: Specialty
Price: $2,000,000 ($111.11 / SF)
Buyer: Jefferson Baptist Church
Elifin’s Notes: Jefferson Baptist Church purchases neighboring property from the Unified Jewish Congregation of Baton Rouge.

726 Highlandia Dr, Baton Rouge, LA 70810
726 Highlandia Dr, Baton Rouge, LA 70810

Type: Office
Price: $1,670,000 ($118.44 / SF)
Buyer: Novak LA Properties LLC
Elifin’s Notes: Local investor purchases former Baton Rouge bank branch on Highlandia Dr.

13608 Florida Blvd, Baton Rouge, LA 70819
13608 Florida Blvd, Baton Rouge, LA 70819

Type: Industrial
Price: $550,000 ($105.26 / SF)
Buyer: Burelle & Otwell Holdings LLC
Elifin’s Notes: Industrial property sells on Florida Blvd near S Flannery Rd.

3350 Brentwood Dr, Baton Rouge, LA 70809
3350 Brentwood Dr, Baton Rouge, LA 70809

Type: Office
Price: $418,000 ($186.77 / SF)
Buyer: Flavin Capital LLC
Elifin’s Notes: Local investor purchases office building on Brentwood Dr just off Jefferson Hwy.

2029 S Philippe Ave, Gonzales, LA 70737
2029 S Philippe Ave, Gonzales, LA 70737

Type: Industrial
Price: $414,769 ($69.13 / SF)
Buyer: 2029 SOUTH PHILIPPE AVENUE LLC
Elifin’s Notes: An industrial property trades off of West Orice Rice Road in Gonzales

2648 Rome Dr, Baton Rouge, LA 70814
2648 Rome Dr, Baton Rouge, LA 70814

Type: Industrial
Price: $240,000 ($27.59 / SF)
Buyer: Rome Drive LLC
Elifin’s Notes: Prairieville-based investor purchases two industrial buildings on Rome Dr.

4886 Winbourne Ave, Baton Rouge, LA 70805
4886 Winbourne Ave, Baton Rouge, LA 70805

Type: Retail
Price: $100,000 ($35.71 / SF)
Buyer: LMN Investment & Properties LLC
Elifin’s Notes: Local investor purchases two buildings on Winbourne Ave.

Tract 22 Florida Blvd, Baton Rouge, LA 70819
Tract 22 Florida Blvd, Baton Rouge, LA 70819

Type: Land
Price: Withheld
Buyer: Burelle & Otwell Holdings LLC
Elifin’s Notes: Vacant lot sells on Florida Blvd near S Flannery Rd.

36445 Perkins Rd, Prairieville, LA 70769
36445 Perkins Rd, Prairieville, LA 70769

Type: Industrial
Price: Withheld
Buyer: PERFORMANCE CONTRACTORS INC
Elifin’s Notes: Performance Contractors Inc. purchases a 14 building manufacturing facility sitting on 33.8+ acres of land near I-10 in Prairieville


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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