08 Mar The Pulse BR: Red Stick Brothers purchase subdivision

Posted at 21:20h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

9215 Cedar Ct, Baton Rouge, LA 70812

Type: Multifamily
Price: $3,250,000 ($53,279 / Unit)
Buyer: Oakwood by RSB LLC
Elifin’s Notes: Red Stick Brothers, a rental home owner and management company, purchases the Oakwood Terrace Subdivision, which contains 60-homes and an office/clubhouse.

16791 Plank Rd, Baton Rouge, LA 70714

Type: Land
Price: $2,610,000 ($0.08 / Land SF)
Buyer: Regional Forest Products LLC
Elifin’s Notes: A regional developer purchases 712+ acres of land, with roughly 300+ acres near Baker and 400+ acres in Pride.

950 Executive Park Ave, Baton Rouge, LA 70806

Type: Industrial
Price: $1,800,000 ($54.50 / SF)
Buyer: St Cyr Real Estate LLC
Elifin’s Notes: An industrial property configured as a screen printing operation changes ownership on Executive Park Avenue.

Tract C-5-A-2-A Nicholson Dr, Baton Rouge, LA 70820

Type: Land
Price: $875,000 ($4.02 / Land SF)
Buyer: Simpson Properties LLC
Elifin’s Notes: Local investors purchase 5 acres of land to add to their previous land purchases in the area of Nicholson Drive and Gardere Lane.

4726 Government St, Baton Rouge, LA 70806

Type: Office
Price: Withheld
Buyer: Aubota, LLC
Elifin’s Notes: A commercial property sells in the Mid-City area near South Foster Drive.

6776 Langley Dr, Baton Rouge, LA 70809

Type: Industrial
Price: $715,000 ($60.47 / SF)
Buyer: Log Real Estate Investments 3 LLC
Elifin’s Notes: An industrial property, predominately warehouse space, with dock high loading and fenced yard changes hands on Langley Drive.

41020 Hwy 621, Gonzales, LA 70737

Type: Specialty
Price: $560,000 (- / SF)
Buyer: Best RV Storage LLC
Elifin’s Notes: A gated RV & Boat storage property without any improvements sells on Highway 621.

1735 Thomas H Delpit Dr, Baton Rouge, LA 70802

Type: Specialty
Price: $500,000 ($28.17 / SF)
Buyer: Louisiana Leadership Institute
Elifin’s Notes: A local NGO purchases the YMCA property on Thomas Delpit Drive which also houses an open health clinic.

8989 Interline Ave, Baton Rouge, LA 70809

Type: Office
Price: $460,000 ($153.33 / SF)
Buyer: Ambeau Legacy Holdings LLC
Elifin’s Notes: A two-suite office property with a billboard lease generating revenue sells on Interline Avenue.

Lot R-2-A, R-3-A Hwy 931, Gonzales, LA 70737

Type: Land
Price: $415,000 ($2.44 / Land SF)
Buyer: RLJ Capital LLC
Elifin’s Notes: A 3+ acre parcel of commercial land sells on Highway 931.

3171 Millerville Rd, Baton Rouge, LA 70816

Type: Land
Price: $400,000 ($5.67 / Land SF)
Buyer: GWC 2 Investments LLC
Elifin’s Notes: A 1+ acre parcel of land with an existing house sells along Millerville Road.

15600 Florida Blvd, Baton Rouge, LA 70819

Type: Industrial
Price: $279,600 ($40.68 / SF)
Buyer: Hot Springs Villa LLC
Elifin’s Notes: An auto sales and service property changes ownership on Florida Boulevard.

1133 N Carrollton Ave, Baton Rouge, LA 70806

Type: Industrial
Price: $184,000 ($36.08 / SF)
Buyer: Tallow Properties, LLC
Elifin’s Notes: An industrial warehouse property sells near North Ardenwood Drive.

9751 Greenwell Springs Rd, Baton Rouge, LA 70814

Type: Retail
Price: $173,500 ($57.83 / SF)
Buyer: Jazz Auto Spa LLC
Elifin’s Notes: A car wash property changes ownership across from the Park Forest Shopping Center on Greenwell Springs Road.

10781 Coursey Ct, Baton Rouge, LA 70816

Type: Industrial
Price: Withheld
Buyer: DELTA PROPERTIES, L.L.C.
Elifin’s Notes: A Fed-Ex occupied distribution center sells on Coursey Court.

8001 Pine Valley Dr, Baton Rouge, LA 70817

Type: Multifamily
Price: Withheld
Buyer: 8001 Pine Valley Dr LLC
Elifin’s Notes: An Ohio-based REIT acquires the 148-unit Cedar Grove Townhomes development off of Jefferson Highway.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
5763 HOOPER RD	New Building Permit (C) $3,000,000	Construction of a new steel structure with curved roof over an open air concrete platform stage. There will be tiered concrete platform seating across from the stage. There is a separate restroom building for the occupants to use that is conventional block/brick construction.	[O] BARRY SELF [A] Marcus Williams [C] THE LUSTER GROUP, LLC – Floyd Luster Jr.
8551 JEFFERSON HWY	Existing Bldg – Addition & Remodel (Both) (C) $1,500,000	(Expedited) This is a small renovation and addition to the existing Baton Rouge Country Club. The first floor is 30,988sf. The included renovated area is 5,421 sf and the addition is 255 sf., enclosing existing porch for game room 525 sf. and enclosing existing porch for storage 385 sf. The building is used for dining entertainment. It is fully sprinkled with a large kitchen.	[O] [A] Henry Carville [C] Stuart & Company General Contractors, LLC – Christopher Naul Stuart Sr.
7677 ANDREA DR	Mechanical Permit (New HVAC Sys) (C) $323,812	Replacement of HVAC units.	[O] Tony Moeller [A] Charlie Rick [C] Charlie Rick Enterprises LLC
7660 SILVERLEAF AVE	New Building Permit (C) $200,000	New construction of 3 unit commercial building	[O] ADAM Warren [A] Adam Warren [C] ADO Construction Inc.
8686 GENERAL CHENNAULT DR	Existing Bldg – Addition Only (C) $150,000	The single story stand alone addition is located adjacent to and attached to EBRSO Fleet Operations. The 31’ x 40’ building will be primarily an open waiting room with restrooms. It will serve Sheriff staff and employees while their vehicles are being serviced and/or repaired.	[O] sid gautreaux [A] mitchell wood [C] HILL COUNTRY CONSTRUCTION LLC – James Michael Manchester
2001 MILLERVILLE RD	New Building Permit (C) $120,000	· INSTALL (1) PAD MOUNTED UTILITY TRANSFORMER· INSTALL (1) 2000A SWITCHGEAR EV-2· INSTALL (1) TESLA PRE-ASSEMBLED SUPERCHARGER UNIT W/ (1)V3.5 SUPERCHARGER CABINET, & (4) SUPERCHARGER POSTS· INSTALL (3) TESLA V3.5 SUPERCHARGER CABINETS· INSTALL (12) TESLA STANDALONE V4 CHARGE POSTS· INSTALL (3) 20′ LIGHT POST	[O] [A] Jeff Holland [C] Global Technical Solutions LLC
3132 COLLEGE DR	Existing Bldg – Remodel Only (C) $30,000	Retail store Walmart Supercenter	[O] [A] Tammy Pucciano [C] Stuart & Company General Contractors, LLC
9330 MALL OF LOUISIANA BLVD	Mechanical Permit (C) $25,000	Replaced RTU 2 HVAC unit in Kirklands store 576 at Mall of Louisiana	[O] [A] Stacy Stevenson [C] Thermal Solutions LLC – Courtney Schwing
9696 AIRLINE HWY	Mechanical Permit (New HVAC Sys) (C) $24,978	HVAC unit replacement and installation	[O] [A] Jacklyn Hearne [C] MECHANICAL SYSTEMS & SERVICE, L.L.C.
5151 PLANK RD	Sign Permit (C) $14,000	Commercial Wall Sign	[O] Jeremy Stroud [A] Cody Jenkins [C] Brightbox Signs & Service – Cody Jenkins
9550 DAWSON TRACE AVE	Fence Permit (C) $8,000	privacy fence	[O] [A] manuel BARCHI [C] M S FENCING LLC
1778 MASON AVE	Electrical Permit (C) $5,000	Installing 4 PVC Conduitunderground from existing Entergy pole to existing 400 amp serviceService is on and existing we are just removing the overhead table and putting it underground. (Application address; 1778 West Mason Ave.)	[O] Kathy Preston [A] Kevin Bellard [C] KEVIN WADE BELLARD
9516 S CHOCTAW DR	Change in Occupancy/Use Classification (C) $3,000	Building to use as used car dealership	[O] [A] Manuel Gutierrez [C] N/A
2750 ALASKA ST	Electrical Permit (C) $2,000	Burnt meter can.. emergency repair	[O] Market property [A] Yancie David [C] YANCIE DAVID – YANCIE DAVID
12524 STE 2 JEFFERSON HWY	Existing Bldg – Remodel Only (C) $800	Close in walkway on unit division wall. #2	[O] [A] Tracy Borer [C] N/A
8334 AIRLINE HWY	Electrical Permit (C) $500	Replacing bent riser unit B	[O] Raul Urdiales [A] YANCIE LYNN PALMER DAVID [C] Solit Electric – YANCIE DAVID
10400 VETERANS MEMORIAL BLVD	Parking Lot Permit (C) N/A	New parking lot and utilities for future commercial jet hangars	[O] LUKE LEWIS [A] Chris Maestri [C] LWL BUILDERS LLC
8345 FLORIDA BLVD	Occupancy Permit (C) N/A	A small bar with small bites of pre-cooked food. D3	[O] [A] Damon Stewart [C] N/A
8312 STE 2 JEFFERSON HWY	Occupancy Permit (C) N/A	Needlepoint Shop.	[O] [A] Sarah Edgecomb [C] N/A
8220 GOODWOOD BLVD	Occupancy Permit (C) N/A	Nonprofit activities; Building 4, Suite 4B	[O] [A] Noel Ndjie [C] N/A
11925 WENTLING AVE	Occupancy Permit (C) N/A	Manufacturers Rep sales office. Suite B	[O] [A] Doug Schreiber [C] N/A
223 STE B FERNWOOD DR	Occupancy Permit (C) N/A	The building I’ve come to newly occupy is a creative arts space. I mainly use the space to curate/design art of all forms. To sum it up it’s basically being used as an art studio	[O] [A] Marcus Day [C] N/A
515 MOUTON ST	Occupancy Permit (C) N/A	To turn lights on; D 19 to new tenant	[O] [A] cynthia cavalier [C] N/A
4433 PERKINS RD	Occupancy Permit (C) N/A	Barbershop. Suite 102	[O] [A] Noemi Florian-Portillo [C] N/A
552 OAK VILLA BLVD	Occupancy Permit (C) N/A	Los Hermanos Tire Shop	[O] [A] Enan Salgado [C] N/A
1443 STE 1 DELPLAZA DR	Occupancy Permit (C) N/A	Photography and/or videoing; BRFD. Suite 1	[O] [A] Ambreya Williams [C] N/A
923 EXECUTIVE PARK AVE	Occupancy Permit (C) N/A	3500 SQUARE FEET SPACE USED FOR STORAGE; Unit 19	[O] [A] MONICA BLAKE [C] N/A
9228 MAMMOTH AVE	Occupancy Permit (Clean & Show) (C) N/A	This is a commercial building I plan to clean, paint and resist for sale on the market. No business will be working here. Empty	[O] [A] Mark Dyess [C] N/A
8050 SCENIC HWY	Demolition Permit (C) N/A	COMMERCIAL STRUCTURE	[O] ALFRED HARRELL, [A] CHRISTOPHER MORGAN [C] CB MORGAN EQUIPMENT AND SERVICES LLC – Christopher Brian Morgan Sr
8976 INTERLINE AVE	Occupancy Permit (C) N/A	office and warehouse space for HVAC business	[O] [A] Harry Leveque [C] N/A
7673 PERKINS RD	Occupancy Permit (C) N/A	Women’s boutique; A-2	[O] [A] Edward Wong [C] N/A
1819 N MARQUE ANN DR	Occupancy Permit (C) N/A	Lights turned on. BLDG 33 HM	[O] [A] Jordan Jones [C] N/A
4612 BENNINGTON AVE	Occupancy Permit (C) N/A	Cocktail bar with minor food sales – Addition	[O] Bianca Perkins [A] Bianca Perkins [C] N/A
11924 JUSTICE AVE	Occupancy Permit (Clean & Show) (C) N/A	VACANT – Clean & Show only – SUITE B	[O] [A] Amy Melerine [C] N/A
8220 GOODWOOD BLVD	Occupancy Permit (C) N/A	Salon suite; Suite 2B	[O] [A] Troyann Freeman [C] N/A
5057 BAKER BLVD	Occupancy Permit (C) N/A	Unit D Demco Lights	[O] Logan Morgan [A] Logan Morgan [C] N/A
4820 LAUREL ST	Occupancy Permit (Clean & Show) (C) N/A	Tenant is moving out of the building. I need a clean and show permit so that utilities can be transferred into the owners name	[O] Andy McCall [A] Andy McCall [C] N/A
4308 GOVERNMENT ST	Occupancy Permit (C) N/A	Need to transfer power to new owner’s name. Please call Tonya at 225-252-1465 to have someone meet you there, if needed	[O] [A] Marketa Rudd [C] N/A

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.

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