The Pulse BR: Nursing home property sold for 15.5mm

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

Commercial Sales Recorded Last Week

7435 Bishop Ott Dr, Baton Rouge, LA 70806
7435 Bishop Ott Dr, Baton Rouge, LA 70806

Type: Healthcare
Price: $15,575,000
Buyer: St Clare Manor Propco LLC
Elifin’s Notes: St. Clare Manor Nursing Home purchases the property where the facility is located.

4471 Bluebonnet Blvd, Baton Rouge, LA 70809
4471 Bluebonnet Blvd, Baton Rouge, LA 70809

Type: Office
Price: $1,200,000 ($266.67 / SF)
Buyer: 4471 Bluebonnet Blvd LLC
Elifin’s Notes: Office building sells in the Mercantile Office Park on Bluebonnet Blvd.

12339 S Choctaw Dr, Baton Rouge, LA 70815
12339 S Choctaw Dr, Baton Rouge, LA 70815

Type: Industrial
Price: $731,250 ($65.06 / SF)
Buyer: AH Holdings, LLC
Elifin’s Notes: Industrial property sells on S Choctaw Dr.

8486 Harry Dr, Baton Rouge, LA 70815
8486 Harry Dr, Baton Rouge, LA 70815

Type: Specialty
Price: $425,000 ($42.50 / SF)
Buyer: Baptist Association of Greater Baton Rouge Inc
Elifin’s Notes: The Baptist Association of Greater Baton Rouge purchase former church property off Harry Dr.

12329 S Choctaw Dr, Baton Rouge, LA 70815
12329 S Choctaw Dr, Baton Rouge, LA 70815

Type: Industrial
Price: $260,000 ($84.97 / SF)
Buyer: AH Holdings, LLC
Elifin’s Notes: Industrial property sells on S Choctaw Dr.

4828 McClelland Dr, Baton Rouge, LA 70805
4828 McClelland Dr, Baton Rouge, LA 70805

Type: Retail
Price: $250,000 ($53.19 / SF)
Buyer: NR Building Surplus LLC
Elifin’s Notes: Brookstown Hardware building sells on McClelland Dr.

10754 Mead Rd, Baton Rouge, LA 70816
10754 Mead Rd, Baton Rouge, LA 70816

Type: Office
Price: $236,500 ($115.93 / SF)
Buyer: Newtown Properties LLC
Elifin’s Notes: Office building sells on the corner of Mead Rd and Toulon Dr.

4805 McClelland Dr, Baton Rouge, LA 70805
4805 McClelland Dr, Baton Rouge, LA 70805

Type: Retail
Price: $180,000 ($75.00 / SF)
Buyer: Burgeon Property Mgmt LLC
Elifin’s Notes: Retail property sells on McClelland Dr.


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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