The Pulse BR: One acre sold for 2.1mm on Corporate Blvd

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

Commercial Sales Recorded Last Week

6849 Corporate Blvd, Baton Rouge, LA 70809
6849 Corporate Blvd, Baton Rouge, LA 70809

Type: Land
Price: $2,136,618 ($30.00 / Land SF)
Buyer: Synergy Bank
Elifin’s Notes: A 1+ acre parcel of land sells next to the Reserve at Cedar Lodge on Corporate Boulevard.

3202, 3230 Iowa St, Baton Rouge, LA 70802
3202, 3230 Iowa St, Baton Rouge, LA 70802

Type: Multifamily
Price: $1,675,000 ($279,167 / Unit)
Buyer: Marmarun LLC
Elifin’s Notes: A Florida-based company purchases a 6-unit multifamily property on Iowa Street.

7941, 7965, 7979 Airline Hwy, Baton Rouge, LA 70815
7941, 7965, 7979 Airline Hwy, Baton Rouge, LA 70815

Type: Retail
Price: $1,200,000 ($245.10 / SF)
Buyer: Tempus Investments LLC
Elifin’s Notes: A trio of retail properties including a convenience store/gas station sell fronting on Airline Highway.

9237 Bluebonnet Blvd, Baton Rouge, LA 70810
9237 Bluebonnet Blvd, Baton Rouge, LA 70810

Type: Office
Price: $725,000 ($205.97 / SF)
Buyer: B&E Bluebonnet 2 LLC
Elifin’s Notes: A medical office property sells within the Bluebonnet Professional Corridor of South Baton Rouge.

9770 Cortana Pl, Baton Rouge, LA 70815
9770 Cortana Pl, Baton Rouge, LA 70815

Type: Land
Price: $540,000 ($19.34 / Land SF)
Buyer: SDG BATON ROUGE 1 , LLC
Elifin’s Notes: A 0.6+ acre parcel of land sells next to the Amazon Fulfillment Center on Cortana Place.

258 Saint Joseph St, Baton Rouge, LA 70802
258 Saint Joseph St, Baton Rouge, LA 70802

Type: Office
Price: $375,000 ($175.48 / SF)
Buyer: ESOP Assets LLC
Elifin’s Notes: A dwelling turned office property sells in Beauregard Town.

9933 Hyacinth Ave, Baton Rouge, LA 70810
9933 Hyacinth Ave, Baton Rouge, LA 70810

Type: Land
Price: $325,000 ($7.46 / Land SF)
Buyer: Peristyle Residences LLC
Elifin’s Notes: In 2017, this tract of land sold for $261,678.

40201 Hwy 42, Prairieville, LA 70769
40201 Hwy 42, Prairieville, LA 70769

Type: Retail
Price: $215,000 ($743.94 / SF)
Buyer: BKR Properties LLC
Elifin’s Notes: A car wash property sells on Highway 42.

1600 Government St, Baton Rouge, LA 70802
1600 Government St, Baton Rouge, LA 70802

Type: Retail
Price: $195,000 ($114.71 / SF)
Buyer: Vagabond Properties LLC
Elifin’s Notes: A retail property featuring on-site front parking sells on Government Street.

1640 N 48th St, Baton Rouge, LA 70802
1640 N 48th St, Baton Rouge, LA 70802

Type: Specialty
Price: $100,000 ($8.33 / SF)
Buyer: Glover, Rolan
Elifin’s Notes: A former church property sells on North 48th Street.

208 W Eastbank St, Gonzales, LA 70737
208 W Eastbank St, Gonzales, LA 70737

Type: Industrial
Price: Withheld
Buyer: G Town Investments
Elifin’s Notes: An industrial property and next door vacant land parcel sell together in Gonzales.


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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