10 Nov The Pulse BR: LA Community & Technical College System acquires land
A weekly update on the commercial real estate landscape of Baton Rouge and Ascension.
Commercial Sales Recorded Last Week

9901 Gwenadele Ave, Baton Rouge, LA 70816
Type: Hospitality
Price: $1,575,000 ($9,265 / Unit)
Buyer: Titan General Contractors, LLC
Elifin’s Notes: A 170-room motel sells on Gwenadele Avenue.

2980 O’Neal Lane, Baton Rouge, LA 70816
Type: Retail
Price: $1,300,000 ($464.29 / SF)
Buyer: Sercovich Fuel Center No 2 LLC
Elifin’s Notes: A convenience store/gas station property sells at the corner of O’Neal Lane and South Harrells Ferry Road.

4111 S Sherwood Forest Blvd, Baton Rouge, LA 70816
Type: Office
Price: $1,150,000 ($82.58 / SF)
Buyer: Daniel Kennedy Properties LLC
Elifin’s Notes: Daniel Kennedy Properties LLC acquires an office property on South Sherwood Forest Boulevard.

10543 N Glenstone Pl, Baton Rouge, LA 70810
Type: Office
Price: $715,000 ($208.94 / SF)
Buyer: Glenstone Property LLC
Elifin’s Notes: Glenstone Property LLC purchases an office property off of Bluebonnet Boulevard.

9087 Hwy 941, Gonzales, LA 70737
Type: Industrial
Price: $700,000 ($175.00 / SF)
Buyer: Petite, Rhett J
Elifin’s Notes: A towing facility sells on Highway 941.

656 Lobdell Ave (Units 1, 2, 3, 5, 6), Baton Rouge, LA 70806
Type: Retail
Price: $600,000 ($71.04 / SF)
Buyer: CDR Property Incorporated
Elifin’s Notes: CDR Property Incorporated acquires 5 commercial condo units on Lobdell Avenue.

10716, 10724 Cherryhill Ave, Baton Rouge, LA 70816
Type: Industrial
Price: $500,000 ($60.24 / SF)
Buyer: Cherry Hill Baton Rouge
Elifin’s Notes: An industrial warehouse property changes ownership on Cherry Hill Avenue.

7122 Florida Blvd, Baton Rouge, LA 70806
Type: Retail
Price: $355,000 ($48.67 / SF)
Buyer: GJE Investments, LLC
Elifin’s Notes: A retail property with showroom and warehouse space sells on Florida Blvd across from Bonne Carre Center.

12233 S Choctaw Dr, Baton Rouge, LA 70815
Type: Industrial
Price: $350,000 ($46.67 / SF)
Buyer: Arnold J. Landry Properties, Inc.
Elifin’s Notes: An industrial property with both office and warehouse space sells on Choctaw Drive.

619 W Cornerview St, Gonzales, LA 70737
Type: Land
Price: $200,000 ($3.40 / Land SF)
Buyer: Richland Manor Properties LLC
Elifin’s Notes: The owners of the Ascension Oaks Nursing And Rehabilitation Center purchase a lot of land, with a residential improvement, next to their facility in Gonzales.

12320 Hwy 44 (Unit 3D), Gonzales, LA 70737
Type: Office
Price: $175,000 ($120.11 / SF)
Buyer: Three Grands Gonzales LLC
Elifin’s Notes: Three Grands Gonzales LLC purchases an office property on Highway 44.

Lot 8 Hwy 945 Loop, Donaldsonville, LA 70346
Type: Land
Price: $161,150 ($1.27 / Land SF)
Buyer: Louisiana Community and Technical College System
Elifin’s Notes: As part of a larger assemblage of land, Louisiana Community and Technical College System acquires a 2+ acre parcel of land on the Hwy 945 Loop.

Lot 7 Hwy 945 Loop, Donaldsonville, LA 70346
Type: Land
Price: $160,600 ($1.26 / Land SF)
Buyer: Louisiana Community and Technical College System
Elifin’s Notes: As part of a larger assemblage of land, Louisiana Community and Technical College System acquires a 2+ acre parcel of land on the Hwy 945 Loop.

Lot 3 Hwy 945 Loop, Donaldsonville, LA 70346
Type: Land
Price: $133,100 ($1.26 / Land SF)
Buyer: Louisiana Community and Technical College System
Elifin’s Notes: As part of a larger assemblage of land, Louisiana Community and Technical College System acquires a 2+ acre parcel of land on the Hwy 945 Loop.

40206 Coontrap Rd, Gonzales, LA 70737
Type: Multifamily
Price: Withheld
Buyer: Stanley Susans Place LLC
Elifin’s Notes: Stanley Susans Place LLC acquires a trailer park spreading over more than 5 acres on Coontrap Road.
Commercial Permits Issued Last Week
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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.
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