The Pulse BR: Modern Metals Recycling purchases Prairieville facility

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

Commercial Sales Recorded Last Week

15578 Airline Hwy, Prairieville, LA 70769
15578 Airline Hwy, Prairieville, LA 70769

Type: Industrial
Price: $3,370,000 ($269.60 / SF)
Buyer: Modern Metals Recycling LLC
Elifin’s Notes: Modern Metals Recycling purchases a facility along Airline Highway in Prairieville

12116 Airline Hwy, Baton Rouge, LA 70809
12116 Airline Hwy, Baton Rouge, LA 70809

Type: Industrial
Price: $2,355,750 ($71.47 / SF)
Buyer: Chip Robinson Real Estate LLC
Elifin’s Notes: The owner of Robinson Brothers Ford purchases the Simple Simon tire shop on Airline Hwy.

430 Conway Village Blvd, Gonzales, LA 70737
430 Conway Village Blvd, Gonzales, LA 70737

Type: Office
Price: $575,000 ($235.95 / SF)
Buyer: Red Apple at Gonzales LLC
Elifin’s Notes: Red Apple, a charter school company, purchases an office property in Gonzales within the Conway Community

14424 Coursey Blvd, Baton Rouge, LA 70817

Type: Retail
Price: $530,000 ($81.54 / SF)
Buyer: Colson Investments LLC
Elifin’s Notes: Local investor purchases Coursey Blvd auto garage.

40424 Parker Rd, Prairieville, LA 70769
40424 Parker Rd, Prairieville, LA 70769

Type: Retail
Price: $450,000 ($86.54 / SF)
Buyer: Stepping Stones Early Learning Academy II LLC
Elifin’s Notes: A daycare/preschool property changes hands along Parker Road in Prairieville

7922 Summa Ave, Baton Rouge, LA 70809
7922 Summa Ave, Baton Rouge, LA 70809

Type: Office
Price: $147,100 ($88.03 / SF)
Buyer: MJ3 LLC
Elifin’s Notes: Two office suites sell in the Summa Office Park.

8556 Scotland Ave, Baton Rouge, LA 70807
8556 Scotland Ave, Baton Rouge, LA 70807

Type: Retail
Price: $120,000 ($30.85 / SF)
Buyer: Alhelali Abdulla
Elifin’s Notes: Retail property sells on the corner of Scotland Ave and Robin St.

2333 North Acadian Thwy, Baton Rouge, LA 70802
2333 North Acadian Thwy, Baton Rouge, LA 70802

Type: Retail
Price: Withheld
Buyer: Dwah Investments LLC
Elifin’s Notes: Bar & Lounge on N Acadian Thwy sells to New Orleans investors.


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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