01 Jan The Pulse BR: SouthStar Urgent Care in Zachary sells
A weekly update on the commercial real estate landscape of Baton Rouge.
Commercial Sales Recorded Last Week
5654 Main St
Type: Office
Price: $1,800,000 ($681 / SF)
Buyer: Southstar MD LLC
Elifin’s Notes: SouthStar Urgent Care in Zachary sells to Utah-based investor.
5707 Siegen Lane
Type: Land
Price: $1,350,000
Buyer: Crawfish Commercial LLC
Elifin’s Notes: Commercially zoned lot sells on Siegen Lane near the Airline Hwy intersection.
8352 Bluebonnet Blvd
Type: Office
Price: $1,250,000 ($223 / SF)
Buyer: Genesis Properties LLC
Elifin’s Notes: Genesis 360 purchases an office building on Bluebonnet Blvd across from Linkwood Ct.
8316 Picardy Ave
Type: Land
Price: $796,000 ($15.89 / Land SF)
Buyer: Roy & Levy Ventures LLC
Elifin’s Notes: Dynamic Therapy Specialists purchase commercially zoned lot on Picardy Ave.
9728 Sullivan Rd
Type: Land
Price: $710,000 ($16.38 / Land SF)
Buyer: 9728 Sullivan LLC
Elifin’s Notes: Developer purchases acre lot in Central on Sullivan Rd.
317 East Dr
Type: Multifamily
Price: $640,000 ($80,000 / Unit)
Buyer: Madeline Sabella Dauzart
Elifin’s Notes: Investor purchases 8 unit apartment in Mid City.
3052, 3064 Oswego Street
Type: Multifamily
Price: $488,000 ($30,500 / Unit)
Buyer: CK Enterprises of Louisiana LLC
Elifin’s Notes: 16-unit apartment complex off Plank Rd sells to local investors.
3813, 3815, 3835, 3847, 3877, 4918 Convention St, 2920 Sherwood St
Type: Portfolio
Price: $375,000 ($23,438 / Unit)
Buyer: TruOwl Enterprises, LLC
Elifin’s Notes: Texas-based investor purchases two 6-plexes, a 4-plex, and 3 residential houses.
12026 Justice Ave
Type: Office
Price: $230,000 ($88 / SF)
Buyer: Thermpro Properties LLC
Elifin’s Notes: Thermal & Process Sales purchase their office building on Justice Ave.
4630 Capitol Heights
Type: Portfolio
Price: Withheld
Buyer: Coast to Coast Real Estate Holdings LLC
Elifin’s Notes: Local investor purchases warehouse on N Foster Dr and duplex on Capitol Heights. Price withheld.
336 Louisiana Ave
Type: Office
Price: Withheld
Buyer: Thre Three Six LA Investment Properties LLC
Elifin’s Notes: Local investor purchases office building in Beauregard Town. Price withheld.
Upcoming Planning Commission Cases
Flag Lot Residential Development on Perkins Road near Siegen Lane
- Submitted 11/30/22 by Michael Davis. Proposed 49.3 acre flag lot minor subdivision on property located on the north side of Perkins Road, west of Metairie Drive.
- Application – View on Map
Most Blessed Sacrament – School
- Submitted 12/1/22 by Matthew Landry. Proposed new 16,383 sf standalone multi-purpose building within existing campus on property located on the north side of Jefferson Highway, east of Baringer Road
- Application – View on Map
Commercial Permits Issued Last Week
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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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