The Pulse BR: Settlement at Shoe Creek tract sells for 1.75mm

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

Commercial Sales Recorded Last Week

Tract A Sullivan Rd
Tract A Sullivan Rd

Type: Land
Price: $1,750,000 ($158.33 / Land SF)
Buyer: Central/Won LLC
Elifin’s Notes: Unit A of the Settlement at Shoe Creek development sells to Houston-based real estate investor.

751 W Lee Dr
751 W Lee Dr

Type: Land
Price: $1,012,000 ($20.03 / Land SF)
Buyer: Benny’s Lee LLC
Elifin’s Notes: Benny’s Carwash purchases vacant lot next to the W Lee Dr location.

14110 Coursey Blvd
14110 Coursey Blvd

Type: Retail
Price: $755,555 ($683.76 / SF)
Buyer: One Twelve Property & Development LLC
Elifin’s Notes: Smoothie King location on Coursey Blvd sells to local buyers.

226 Ship Dr
226 Ship Dr

Type: Multifamily
Price: $734,000 ($91,750 / Unit)
Buyer: Black Oak Developing LLC
Elifin’s Notes: Eight unit apartment complex sells off Florida Blvd near Mid-City.

10050 Burbank Dr
10050 Burbank Dr

Type: Retail
Price: $732,888 ($771.46 / SF)
Buyer: One Twelve Property & Development LLC
Elifin’s Notes: Smoothie King location on Burbank Dr sells to local buyers.

4667 Burbank Dr
4667 Burbank Dr

Type: Retail
Price: $610,000 ($107.02 / SF)
Buyer: F & K Real Estate LLC
Elifin’s Notes: C & R Automotive shop sells to Ascension Parish-based buyers.

1663 La Annie Dr
1663 La Annie Dr

Type: Multifamily
Price: $588,000 ($42,000 / Unit)
Buyer: B&E Investment Properties LLC
Elifin’s Notes: Local investors purchase seven duplexes in the La Belle Aire subdivision.

524 N 6th St
524 N 6th St

Type: Land
Price: $550,000 ($66.11 / Land SF)
Buyer: Louisiana State Licensing Board for Contractors
Elifin’s Notes: Louisiana State Licensing Board for Contractors purchase downtown parking lot.

7700 Howell Blvd
7700 Howell Blvd

Type: Land
Price: $330,000 ($3.89 / Land SF)
Buyer: Family Values Resource Institute Inc
Elifin’s Notes: The Family Values Resource Institute purchases vacant, commercial ot on Howell Blvd.

2601 Florida St
2601 Florida St

Type: Retail
Price: $325,000 ($203.13 / SF)
Buyer: Al Riamy Properties LLC
Elifin’s Notes: Former corner/grocery store sells on Florida St.

2435 North Blvd
2435 North Blvd

Type: Retail
Price: $125,000 ($50.00 / SF)
Buyer: First United Methodist Church of Baton Rouge
Elifin’s Notes: First United Methodist Church purchases buildings on North Blvd.

 


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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