The Pulse BR: M&L Industries purchase new BR location for 5.2mm

09 Jan The Pulse BR: M&L Industries purchase new BR location for 5.2mm

Posted at 08:46h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

10049 N Reiger Rd

Type: Industrial
Price: $5,200,000 ($108 / SF)
Buyer: F2MV LLC
Elifin’s Notes: M & L Industries purchase industrial Reiger Rd property for their new Baton Rouge location.

Lafayette St

Type: Land
Price: $525,000 ($70.23 / Land SF)
Buyer: TJ Farms LLC
Elifin’s Notes: Attorney Tony Clayton of Clayton, Fruge, & Ward Law Firm purchases parking lot in downtown Baton Rouge.

Lot 2-B-1, Unit C Sullivan Rd

Type: Land
Price: $450,000 ($51.98 / Land SF)
Buyer: Patterson Investment Properties LLC
Elifin’s Notes: The owner of Patterson Homes purchases pad site at the Settlement on Shoe Creek in Central.

12220 Old Hammond Hwy

Type: Industrial
Price: $380,000 ($38 / SF)
Buyer: Abdu Obeid
Elifin’s Notes: Industrial property on Old Hammond Hwy sells to local investor.

862 O’Neal Lane

Type: Office
Price: $350,000 ($81 / SF)
Buyer: Atlas Foundation Corporation
Elifin’s Notes: Atlas Foundation purchases the non-profit’s office building on O’Neal Lane.

2080 North St

Type: Land
Price: $315,000 ($7.38 / Land SF)
Buyer: Tubman LA Partners LLC
Elifin’s Notes: Vacant lot sells on the hard corner of North St and Scenic Hwy.

4378 Government St

Type: Office
Price: $260,000 ($334 / SF)
Buyer: Troika Suites LLC
Elifin’s Notes: Office building sells on Government St in Mid City.

7454 Scenic Hwy

Type: Retail
Price: $252,000 ($12 / SF)
Buyer: AAA Commercial Rental LLC
Elifin’s Notes: Local investors purchase auto shop site on Scenic Hwy.

8455 Airline Hwy

Type: Retail
Price: Withheld
Buyer: Downey Family Limited Partnership-2004 LP
Elifin’s Notes: Wyoming-based investor purchases car wash on Airline Hwy and Florline Ave.

10330 Coursey Blvd

Type: Retail
Price: Withheld
Buyer: JR Partners LLC
Elifin’s Notes: Connecticut-based investor purchases car wash on Coursey Blvd near Airline Hwy.

2112 Perkins Palm Ave

Type: Retail
Price: Withheld
Buyer: Hoss-Cat LLC
Elifin’s Notes: Local investor purchases restaurant space off Perkins Rd currently leased by SoLou.

Upcoming Planning Commission Cases

Minor Subdivision on S Tiger Bend Rd

Submitted 11/3/2022 by David and Jodie Frey. Proposed minor subdivision with a private street on property located on the east side of South Tiger Bend Road, north of Hoo Shoo Too Road.
Staff Report – Application – View on Map

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
2450 OAK VILLA BLVD	Commercial: New $1,250,000	New construction of 5,356 s.f. convenience store with food service including sitework. Fuel Canopy to be applied for separately at later date.	[O] Bobby Singh [A] C. Joseph Richard [C] LEGENDS DEVELOPMENT, LLC
1077 MONET DR	Commercial: New $350,000	New proposed 3620 s.f. 4-Plex apartment building (Residential Group R-2), sprinklered.	[O] Narada Morris [A] Creighton Stout [C] WOLFE WASHAUER CONSTRUCTION, LLC
10770 N MALL DR	Commercial: Remodel $300,000	Minor interior remodel, about 2,500 s.f. Work involves minor demo. New ceiling, lights, flooring, and partial height walls. Trenching for new in-slab electrical receptacles. No changes to the mechanical/HVAC systems or plumbing. Sprinkler system modifications as required. New store fixtures by the Kohl’s. Exterior changes will be limited to painting and new signage. No site work is proposed	[O] Cindy Karthauser [A] Devin Powell [C] THOMAS GRACE CONSTRUCTION, INC. – Adam Beer
2363 COLLEGE DR	Commercial: Remodel $150,000	Renovation of 583 s.f. and demolition of 737 s.f. bar/lounge (previously 1,320 s.f.) in adjacent tenant space to create To-Go pick up area for existing restaurant.	[O] [A] Ike Powell [C] WAFFLE HOUSE, INC.
4765 PERKINS RD	Commercial: Remodel $120,000	(Expedited) Suite A Existing space within the existing building is being renovated into a grooming space by the tenant in the adjacent space of the building. The space has already been mostly demoed prior to the tenant acquiring the space. The space that is being renovated is 1,656 SF with a total building space of 3,766 SF.	[O] Rob Border [A] Pete Hill [C] CHARLES CARTER CONSTRUCTION COMPANY, INC.
10050 THE GROVE AVE	Fence $56,486	New installation of Entry Fencing for new subdivision development. (GATE NOT included in this permit)	[O] Shane Dantin [A] Shane Dantin [C] Pinnacle Exterior Construction LLC – Shane Dantin
6401 BLUEBONNET BLVD	Commercial: Remodel $35,300	NEW TENANT ALTERATIONS TO EXISTING FOOD COURT RESTAURANT, INCLUDING ARCHITECTURAL, ELECTRICAL, PLUMBING AND MINOR MECHANICAL WORK	[O] [A] Mosad Elewa [C] N/A
8080 BLUEBONNET BLVD	Commercial: Remodel $25,000	750 sf renovation of an existing medical office space.	[O] [A] Jordan Roussel [C] PICOU BROTHERS CONSTRUCTION COMPANY, L.L.C.
2143 PECAN RIDGE AVE	Commercial: New $9,600	Flock Safety (contractor) proposes Case 246818: install 3 automatic license plate reading (ALPR) security cameras for the Fairwood CPID. NOTE: these cameras do not require an electrical/utility connection, and we observe the standard 811/utility locate protocol. Please see the plans.	[O] Danny Campos [A] Chris Schiller [C] Flock Safety – Danny Campos
2143 MAPLE RIDGE AVE	Commercial: New $9,600	Flock Safety (contractor) proposes Case 246818: install 3 automatic license plate reading (ALPR) security cameras for the Fairwood CPID. NOTE: these cameras do not require an electrical/utility connection, and we observe the standard 811/utility locate protocol. Please see the plans.	[O] Danny Campos [A] Chris Schiller [C] Flock Safety – Danny Campos
13635 KING HENRY AVE	Commercial: New $9,600	Flock Safety (contractor) proposes Case 246818: install 3 automatic license plate reading (ALPR) security cameras for the Fairwood CPID. NOTE: these cameras do not require an electrical/utility connection, and we observe the standard 811/utility locate protocol. Please see the plans.	[O] Danny Campos [A] Chris Schiller [C] Flock Safety – Danny Campos
7330 PLANK RD	Commercial: Remodel $6,000	Renovation of existing 1,836 s.f. bldg. to change occupancy from former Mercantile to small coffee shop with occupant load of less than 50 persons, reviewed as Business with 160 s.f. kitchen.	[O] Bridget Wesley [A] [C] N/A
12537 LA MARGIE AVE	Occupancy $1	power onto duplex	[O] Baptista Washington [A] Bud Hinson [C] N/A
2300 S ACADIAN THWY	Commercial: New N/A	New construction of 2,000 s.f. of canopy structures (two structures) for gasoline sales at existing convenience store. (Construction Completed)	[O] Randy Kehs [A] Ronnie Swinehart [C] RITTINER EQUIPMENT COMPANY, INC.
2834 S SHERWOOD FOREST BLVD	Occupancy N/A	storage/office space only , for vending machines	[O] Steven Harrison [A] Steven Harrison [C] N/A
2055 SHERWOOD MEADOW DR	Occupancy N/A	Owner of apartment.	[O] Carlos Zambrano [A] Carlos Zambrano [C] Carlos – Carlos Zambrano

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

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