The Pulse BR: Podnuh’s BBQ on Sherwood sells to local investors

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

Commercial Sales Recorded Last Week

3202 South Sherwood Forest Boulevard, Baton Rouge, LA 70816
3202 South Sherwood Forest Boulevard, Baton Rouge, LA 70816

Type: Retail
Price: $1,450,000 ($173.34 / SF)
Buyer: Hailiang Lin
Elifin’s Notes: S Sherwood Forest Blvd property formerly used as Volcano Korean BBQ & Hot Pot restaurant sells.

8450 Madrid Avenue, Baton Rouge, LA 70814
8450 Madrid Avenue, Baton Rouge, LA 70814

Type: Industrial
Price: $1,000,000 ($38.76 / SF)
Buyer: Laville Acquisitions LLC
Elifin’s Notes: Industrial investor purchases large warehouse space on Madrid Ave.

505 University Walk, Baton Rouge, LA 70802
505 University Walk, Baton Rouge, LA 70802

Type: Multifamily
Price: $862,500 ($86,250 / Unit)
Buyer: 505 U-WALK, LLC
Elifin’s Notes: Local investor purchases 10 unit apartment complex in Spanish Town.

2648 South Sherwood Forest Boulevard, Baton Rouge, LA 70816
2648 South Sherwood Forest Boulevard, Baton Rouge, LA 70816

Type: Retail
Price: $835,000 ($170.20 / SF)
Buyer: Sheng Hua LA 2024 LLC
Elifin’s Notes: The Podnuh’s BBQ on S Sherwood Forest Blvd sells to local investors.

17830 Lavo Lane, Baton Rouge, LA 70810
17830 Lavo Lane, Baton Rouge, LA 70810

Type: Office
Price: $835,000 ($79.33 / SF)
Buyer: Lavo LLC
Elifin’s Notes: Office building with accompanying warehouse space sells just off I-10.

42553 Louisiana 42, Prairieville, LA 70769
42553 Louisiana 42, Prairieville, LA 70769

Type: Multifamily
Price: $775,000 ($24,219 / Unit)
Buyer: D’Luca Properties LLC
Elifin’s Notes: The Old Galvez Town Mobile Home Estates sells in Prairieville

215 Ship Drive, Baton Rouge, LA 70806
215 Ship Drive, Baton Rouge, LA 70806

Type: Multifamily
Price: $650,000 ($81,250 / Unit)
Buyer: Justen Rabel
Elifin’s Notes: Local investor purchases two 4-plexes just off Florida Blvd.

16042 Louisiana 44, Prairieville, LA 70769
16042 Louisiana 44, Prairieville, LA 70769

Type: Industrial
Price: $640,000 ($128.00 / SF)
Buyer: Douglas A Pritchard Revocable Living Trust
Elifin’s Notes: An industrial property with both office and warehouse space sells in Prairieville

11232 Cedar Park Ave, Baton Rouge, LA 70809
11232 Cedar Park Ave, Baton Rouge, LA 70809

Type: Industrial
Price: $600,000 ($85.41 / SF)
Buyer: Ragusa Real Estate LLC
Elifin’s Notes: Industrial property sells on Cedar Park Ave.

12250 Plank Rd, Baton Rouge, LA 70811
12250 Plank Rd, Baton Rouge, LA 70811

Type: Retail
Price: $525,000 ($6.56 / SF)
Buyer: Renaissance Group LLC
Elifin’s Notes: Brookwood Village, a shopping center located at the corner of Plank Rd and Comite Dr, sells to New Orleans-based investors.

1500 Florida Street, Baton Rouge, LA 70802
1500 Florida Street, Baton Rouge, LA 70802

Type: Land
Price: $315,000
Buyer: 5448 W 47th Street LLC
Elifin’s Notes: National Construction Rentals, a California-based construction rental company, purchases vacant lots off Florida St.

14487 Denham Rd, Pride, LA 70770
14487 Denham Rd, Pride, LA 70770

Type: Retail
Price: $175,000 ($175.00 / SF)
Buyer: EJ Victoria Properties LLC
Elifin’s Notes: Car wash sells on Denham Rd in Pride.

7100 Prescott Rd, Baton Rouge, LA 70812
7100 Prescott Rd, Baton Rouge, LA 70812

Type: Multifamily
Price: Withheld
Buyer: SCH Prescott Place MHC, LLC
Elifin’s Notes: Mobile Home Park on Prescott Rd sells to local investor.


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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