The Pulse BR: Proposed new subdivision at Beaver Creek

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

Commercial Sales Recorded Last Week

1900 Lobdell Blvd
1900 Lobdell Blvd

Type: Office
Price: $13,950,000 ($390 / SF)
Buyer: GEO Academies Louisiana Holdings Inc
Elifin’s Notes: GEO Prep Academy purchases its Mid City campus off Lobdell Blvd.

Tract X-5-A-1 Commercial Dr
Tract X-5-A-1 Commercial Dr

Type: Land
Price: $1,345,219 ($6.89 / Land SF)
Buyer: Daniel Kennedy Properties LLC
Elifin’s Notes: Local investor purchases more than 4 acres off Commercial Ave.

9410 Lindale Ave
9410 Lindale Ave

Type: Portfolio
Price: $762,000 ($87 / SF)
Buyer: Manning Investments LLC
Elifin’s Notes: Investor purchases two fully leased office buildings just off of Airline Hwy.

660 N Foster Dr
660 N Foster Dr

Type: Office
Price: $760,000 ($22 / SF)
Buyer: Great Foster, LLC
Elifin’s Notes: Great Foster Office Suites, a multi-building office complex near the corner of N Foster and North St, sells to local investor.

1353 Jim Taylor Drive
1353 Jim Taylor Drive

Type: Multifamily
Price: $550,000 ($27,500 / Unit)
Buyer: Towering Oaks BR LLC
Elifin’s Notes: Local investor purchases The Hideway, a 20 unit aparment complex in the Tigerland area.

9938 Burbank Dr
9938 Burbank Dr

Type: Retail
Price: $480,000 ($123 / SF)
Buyer: H & Z Realty LLC
Elifin’s Notes: Former Circle K on Burbank Dr sells to local investor.

1323 Jim Taylor Drive
1323 Jim Taylor Drive

Type: Multifamily
Price: $385,000 ($24,063 / Unit)
Buyer: Towering Oaks BR LLC
Elifin’s Notes: Local investor purchases 16 unit complex in Tigerland.

North St at N 10th St
North St at N 10th St

Type: Land
Price: $300,000 ($29.64 / Land SF)
Buyer: Harmony Properties LLC
Elifin’s Notes: Local investor purchases vacant lots zoned for residential and commercial development near downtown Baton Rouge.

Tracts 2-12 Scenic Hwy
Tracts 2-12 Scenic Hwy

Type: Land
Price: $190,000 ($7.04 / Land SF)
Buyer: Cornerstone SVP LLC
Elifin’s Notes: Investor purchases 9 commercially zoned lots at the corner of Scenic Hwy and Swan Ave.

8976 Interline Ave
8976 Interline Ave

Type: Retail
Price: Withheld
Buyer: X-Checker Investments LLC
Elifin’s Notes: Investor purchases retail property off Interline Ave near I-12. Price withheld.

1345 Gardere Lane
1345 Gardere Lane

Type: Retail
Price: Withheld
Buyer: Centro De Vida Iglesia Pentecostal Unida Inc
Elifin’s Notes: A Gonzales-based, Hispanic church purchases retail building on Gardere Lane. Price withheld.


Upcoming Planning Commission Cases

New Homes at Beaver Creek

  • Submitted 9/1/2022 by Michael Daniel. Proposed major subdivision with public streets on property located south of Port Hudson-Plains Road, west of Fairwinds Avenue in the Beaver Creek subdivision between holes 16 and 17 of the Beaver Creek Golf Course. ±39.81 acres, 60 proposed lots.
  • Staff Report – Application – View on Map

 
New building at Most Blessed Sacrament church

  • Submitted 9/1/2022 by Matthew Landry. Proposed new parish hall within existing campus on property located on the north side of Jefferson Highway, east of Baringer Road. 10,500 SF building.
  • Plans – 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.

Elifin Realty
marketing@elifinrealty.com
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