The Pulse BR: Two Geaux Clean car wash locations sold

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

Commercial Sales Recorded Last Week

10202 Perkins Rowe
10202 Perkins Rowe

Type: Mixed-Use
Price: $41,800,000 ($184,956 / Unit)
Buyer: Perkins Rowe Owner LLC
Elifin’s Notes: Terraces at Perkins Rowe, the 226 unit apartment complex at Perkin’s Rowe, sell to Avid Realty Partners, a New York Multifamily investment firm.

Tracts 17-A & 18-A Bluebonnet Blvd
Tracts 17-A & 18-A Bluebonnet Blvd

Type: Land
Price: $3,914,475 ($35.95 / Land SF)
Buyer: DBM Bluebonnet LLC
Elifin’s Notes: Developer Brian Dantin purchases a commercially zoned lots off Bluebonnet Blvd near Airline Hwy.

Tract 19-A Bluebonnet Blvd
Tract 19-A Bluebonnet Blvd

Type: Land
Price: $1,669,740 ($15.33 / Land SF)
Buyer: DBM Bluebonnet LLC
Elifin’s Notes: Developer Brian Dantin purchases a commercially zoned, 2.5 acre lot on Bluebonnet Blvd near Airline Hwy.

4707 Tigerland Avenue
4707 Tigerland Avenue

Type: Multifamily
Price: $1,600,000 ($50,000 / Unit)
Buyer: The Chateau Tiger Land Apartments LLC
Elifin’s Notes: Local investor purchases the Chateau du Cour, a 32 unit apartment complex in Tigerland.

3034 S Sherwood Forest Blvd
3034 S Sherwood Forest Blvd

Type: Retail
Price: $1,600,000 ($144 / SF)
Buyer: WGG 138, LLC
Elifin’s Notes: Gonzales-based investors purchase the Sherwood Pointe shopping center on S Sherwood Forest Blvd.

10210 Jefferson Hwy, Units 3-4
10210 Jefferson Hwy, Units 3-4

Type: Land
Price: $834,540 ($84.26 / Land SF)
Buyer: Mass HQ LLC
Elifin’s Notes: Local attorney Hays Alexander purchases two office pad sites at the developing Exchange @ Jefferson office condominium.

4224 Evan Brooks Dr
4224 Evan Brooks Dr

Type: Industrial
Price: $714,000 ($50 / SF)
Buyer: 4J Management Investment LLC
Elifin’s Notes: Warehouse sells off of Greenwell Springs Rd to local investor.

Parcel 3-B-2-B-2 Cortana Pl
Parcel 3-B-2-B-2 Cortana Pl

Type: Land
Price: $607,878 ($18.00 / Land SF)
Buyer: Dorsey Development LLC
Elifin’s Notes: Commercially zoned land sells to retail developer near the forthcoming Amazon warehouse at the old Cortana Mall site.

206 West Roosevelt Street
206 West Roosevelt Street

Type: Multifamily
Price: $575,000 ($47,917 / Unit)
Buyer: Abbott, Price, Benjamin, and Rue LLC
Elifin’s Notes: New Orleans-based investors purchase 12 unit apartment complex north of LSU’s campus.

18157 E Petroleum Dr
18157 E Petroleum Dr

Type: Office
Price: $560,000 ($190 / SF)
Buyer: Mullins Real Estate Investments LLC
Elifin’s Notes: Local real estate investor Grey Mullins purchases office building in the Offices at Highland Business Park.

4696 Hwy 19
4696 Hwy 19

Type: Retail
Price: $378,000 ($169 / SF)
Buyer: Spillway Boilers Land Company LLC
Elifin’s Notes: Restaurant with drive thru sells in the heart of Zachary.

729 S Acadian Thwy
729 S Acadian Thwy

Type: Office
Price: $211,000 ($146 / SF)
Buyer: CHM Properties LLC
Elifin’s Notes: The owner of the Shop House consignment store purchases the business’s location on S Acadian Thwy.

10603 Burbank Dr
10603 Burbank Dr

Type: Retail
Price: Withheld
Buyer: Withheld
Elifin’s Notes: Local investors purchase Geaux Clean car wash on Burbank Dr.

6205 Siegen Lane
6205 Siegen Lane

Type: Retail
Price: Withheld
Buyer: Withheld
Elifin’s Notes: Local investors purchase the Geaux Clean car wash on Siegen Lane.


Upcoming Planning Commission Cases

The Gates at Millerville

  • Submitted 10/27/22 by Mickey Robertson. Proposed rezone from Heavy Commercial (C2) to Small Planned Unit Development (SPUD) for a medium density residential development on property located east of Millerville Road, south of Hunter’s Ridge Drive. Single family and zero lot line homes planned.
  • 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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