The Pulse BR: Louisiana Key Academy purchases their location

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

Commercial Sales Recorded Last Week

11245, 11285, 11377 Airline Hwy, Baton Rouge, LA 70816
11245, 11285, 11377 Airline Hwy, Baton Rouge, LA 70816

Type: Retail
Price: $16,800,000 ($179.35 / SF)
Buyer: Real Estate Holdco LLC
Elifin’s Notes: Hudson Automotive Group, a South Carolina-based company, acquires the All Star Chevrolet dealership on Airline Highway.

7809 Jefferson Hwy, Units A-I, Baton Rouge, LA 70809
7809 Jefferson Hwy, Units A-I, Baton Rouge, LA 70809

Type: Retail
Price: $4,396,093 ($109.90 / SF)
Buyer: Whitetail Investment Group LLC
Elifin’s Notes: This eight unit retail and office complex office sells for nearly 10% more than its previous sales price in 2017.

5015 Auto Plex Dr; 
5462 Telesmar Ave, Baton Rouge, LA 70809
5015 Auto Plex Dr;
5462 Telesmar Ave, Baton Rouge, LA 70809

Type: Specialty
Price: $3,857,167 ($66.35 / SF)
Buyer: Friends of LKA
Elifin’s Notes: Louisiana Key Academy purchases their location just off Airline Hwy.

8125 Jefferson Hwy; 7988 Cypress Lake Dr, Baton Rouge, LA 70810
8125 Jefferson Hwy; 7988 Cypress Lake Dr, Baton Rouge, LA 70810

Type: Land
Price: $2,050,000 ($28.51 / Land SF)
Buyer: Landmark Bank
Elifin’s Notes: Landmark Bank purchases a 1.6+ acre parcel of commercial land adjacent to Jefferson Highway Park.

9821 S Perdue Ave, Baton Rouge, LA 70814
9821 S Perdue Ave, Baton Rouge, LA 70814

Type: Industrial
Price: $1,750,000 ($123.76 / SF)
Buyer: Rynas Legacy Group LLC
Elifin’s Notes: An Arizona-based company acquires an industrial property along with a pair of vacant parcels.

202 Marchand Dr, Donaldsonville, LA 70346
202 Marchand Dr, Donaldsonville, LA 70346

Type: Retail
Price: $1,400,000 ($1,219.51 / SF)
Buyer: Tempus Investments LLC
Elifin’s Notes: A Texas-based company acquires a convenience store/gas station in Donaldsonville.

15735 Florida Blvd, Baton Rouge, LA 70819
15735 Florida Blvd, Baton Rouge, LA 70819

Type: Industrial
Price: $1,000,000 ($35.09 / SF)
Buyer: Kilgore Apex Ventures LLC
Elifin’s Notes: An industrial property sells just West of the Florida Boulevard and O’Neal Lane intersection.

15746 Florida Blvd, Baton Rouge, LA 70819
15746 Florida Blvd, Baton Rouge, LA 70819

Type: Industrial
Price: $200,000 ($38.46 / SF)
Buyer: A&H Dream Properties LLC
Elifin’s Notes: A&H Dream Properties LLC acquires an auto repair property on Florida Boulevard.

10557 Cherryhill Avenue, Baton Rouge, LA 70816
10557 Cherryhill Avenue, Baton Rouge, LA 70816

Type: Industrial
Price: $150,000 ($46.88 / SF)
Buyer: Roppolo Commercial Properties, LLC
Elifin’s Notes: An industrial property sells off of Southpark Drive.


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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