09 Jan The Pulse BR: M&L Industries purchase new BR location for 5.2mm
A weekly update on the commercial real estate landscape of Baton Rouge.
Commercial Sales Recorded Last Week
10049 N Reiger Rd
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.
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
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
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
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
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
Price: $260,000 ($334 / SF)
Buyer: Troika Suites LLC
Elifin’s Notes: Office building sells on Government St in Mid City.
7454 Scenic Hwy
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
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
Buyer: JR Partners LLC
Elifin’s Notes: Connecticut-based investor purchases car wash on Coursey Blvd near Airline Hwy.
2112 Perkins Palm Ave
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
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.