The Pulse BR: Two psychiatric facilities sell for 15.7mm

02 Jun The Pulse BR: Two psychiatric facilities sell for 15.7mm

Posted at 09:30h 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

11950-12112 Greenwell Springs Port Hudson Rd, Baton Rouge, LA 70814

Type: Healthcare
Price: $8,429,200 ($167.58 / SF)
Buyer: Seaside Healthcare RE PHP LLC
Elifin’s Notes: The Graph Group, a New Jersey-based investment company, purchases a psychiatric facility in Zachary.

4363 Convention St, Baton Rouge, LA 70806

Type: Healthcare
Price: $7,311,400 ($227.03 / SF)
Buyer: Seaside Healthcare RE IPF LLC
Elifin’s Notes: The Graph Group, a New Jersey-based investment company, purchases the Seaside Psychiatric Hospital facility.

627 St Roch Ave, Gonzales, LA 70737

Type: Retail
Price: $2,600,000 ($390.10 / SF)
Buyer: Rubmaro Heritage LLC
Elifin’s Notes: Rubmaro Heritage LLC acquires a newly built retail property in the Heritage Crossing development.

12231 Industriplex Blvd, Baton Rouge, LA 70809

Type: Industrial
Price: $920,000 ($79.54 / SF)
Buyer: Gomez Investments, LLC
Elifin’s Notes: A pair of industrial properties sell on Industriplex Boulevard.

4432, 4466 Florida Blvd, Baton Rouge, LA 70806

Type: Office
Price: $734,700 ($126.67 / SF)
Buyer: BH Florida Blvd LLC
Elifin’s Notes: The Graph Group, a New Jersey-based investment company, purchases a pair of office buildings on Florida Boulevard.

4344 Florida Blvd, Baton Rouge, LA 70806

Type: Retail
Price: $734,700 ($612.25 / SF)
Buyer: BH Florida Blvd LLC
Elifin’s Notes: The Graph Group, a New Jersey-based investment company, purchases a former tire shop on Florida Boulevard.

1253 Florida St, Baton Rouge, LA 70802

Type: Retail
Price: $420,000 ($36.52 / SF)
Buyer: CD Louisiana Purchase LLC
Elifin’s Notes: A Tennessee-based company acquires the Greyhound bus station on Florida Boulevard.

5288 Lavey Lane, Baker, LA 70714

Type: Retail
Price: $380,000 ($123.46 / SF)
Buyer: Lavey Brothers Invesments LLC
Elifin’s Notes: Lavey Brothers Investment LLC acquires a food mart retail property at the corner of Lavey Lane and Sunshine Road.

9835 Old Hammond Hwy, Baton Rouge, LA 70816

Type: Retail
Price: $350,000 ($140.00 / SF)
Buyer: Dangs Rental Complex LLC
Elifin’s Notes: A pair of dwellings converted into retail properties sell on Old Hammond Highway.

6405 Quinn Dr, Baton Rouge, LA 70817

Type: Industrial
Price: $245,000 ($49.00 / SF)
Buyer: OMG Construction, LLC
Elifin’s Notes: An industrial property with office and warehouse space sells on Quinn Drive.

9968, 10016 Burbank Dr, Baton Rouge, LA 70810

Type: Land
Price: $200,000 ($4.46 / Land SF)
Buyer: Ayyad, Dahes
Elifin’s Notes: A portfolio of five vacant parcels of land totaling over 1 acre sells on Burbank Drive next to O’Reilly Auto Parts.

7112 Scenic Hwy, Baton Rouge, LA 70807

Type: Retail
Price: $120,000 ($41.77 / SF)
Buyer: Gauthier, Jody Mark
Elifin’s Notes: A laundromat property changes hands along Scenic Highway.

Tract H Hooper Rd, Central, LA 70739

Type: Land
Price: $110,000 ($0.53 / Land SF)
Buyer: Carter Justin
Elifin’s Notes: A 4+ acre parcel of vacant land sells on Hooper Road.

3964 Gourrier Ave, Baton Rouge, LA 70808

Type: Multifamily
Price: Withheld
Buyer: Sterling LSU Tiger Pointe LLC
Elifin’s Notes: A Houston-based multifamily development company purchases the Tiger Pointe Apartments, a 150-unit complex off Nicholson Drive near the LSU campus.

3900 Nicholson Dr, Baton Rouge, LA 70820

Type: Land
Price: Withheld
Buyer: Phase 2 LSU Southgate LLC
Elifin’s Notes: A Houston-based multifamily development company purchases a little over 5 acres of vacant land next to the Southgate Towers Apartments.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
424 MILFORD AVE	New Building Permit (C) $7,907,000	7 Story Multifamily Residential Parking Garage	[O] Thomas Wayne Murray [A] Wilson Santelis [C] Raven Construction 2, Inc. – Kevin Joseph Tankersley
9001 CORTANA PL	Existing Bldg – Remodel Only (C) $4,000,000	Interior renovation to an existing 3,868,410 sf building.	[O] [A] Kitty Yunger [C] The Conlan Company
424 MILFORD AVE	Special Foundation Permit (C) $2,500,000	Foundation permit for an Apartment student housing 5 story building.	[O] [A] Wilson Santelis [C] Raven Construction 2, Inc. – Kevin Joseph Tankersley
8225 YMCA PLAZA DR	Existing Bldg – Remodel Only (C) $1,000,000	Interior renovation – Phase 4 of 4	[O] Mark Blumenthal [A] Georgia LaNasa [C] Build Commercial Construction, LLC
805 W LEE DR	New Building Permit (C) $900,000	a new one story freestanding building along with site improvements to accommodate a 3263 sf Fuego restaurant	[O] Stephen Wall [A] Polo Padilla [C] VENTURE CONSTRUCTION COMPANY
5875 FLORIDA BLVD	New Building Permit (C) $500,000	(EXPEDITED) New quick service restaurant 2,138sf drive-thru & pickup only. Building Construction Slab-on-grade foundation, concrete block walls, steel bar joist and metal deck, tpo roof.	[O] Nichole Michelli [A] Matthew Landry [C] MAPP, LLC – Michael A. Polito
8225 YMCA PLAZA DR	Existing Bldg – Remodel Only (C) $400,000	This is Phase 3 or 4. Project is an interior renovation of an existing retirement facility to an apartment complex. This work is the right building 1st floor apartment units. Fire Marshal requested the project be split into 4 phases.	[O] Mark Blumenthal [A] Georgia LaNasa [C] Build Commercial Construction, LLC
7309 HOOPER RD	Cell Tower Co-Locate/Ant Change-out (C) $228,493	T-Mobile equipment upgrade on existing cell tower. Scope of work will be : replace 3 antennas, 3 RRUs and 1 cable. Tower height and footprint will not change. 5/27/25 State Brd of Contractors Active- 38281 SBA Network	[O] [A] Silvia Zimmerman [C] N/A
1555 MADISON AVE	New Building Permit (C) $125,000	(EXPEDITED) New 675sf storage building at existing middle school for Community School for Apprenticeship Learning: CSAL Inc.	[O] [A] Marcus Williams [C] NRK CONSTRUCTION, LLC – Norisha Kirts
731 W LEE DR	Sign Permit (C) $22,500	Sign- Pylon	[O] Andrew Cherng [A] Rachel Perrodin [C] SIGN EDGE USA, L.L.C.
2346 N FOSTER DR	Mechanical Permit (C) $21,845	Removal and replacement of one Roof top package unit and one split system air conditioner.	[O] [A] Aaron Williford [C] LENNOX NATIONAL ACCOUNT SERVICES LLC
7127 FLORIDA BLVD	Electrical Permit (C) $20,000	INSTALL UNDERGROUND SERVICE ENTRANCE CONDUITS	[O] BLAINE BARNES [A] Tim Alexander [C] BUFFALO ELECTRIC, INC. – Patrick Milton
1777 MASON AVE	Electrical Permit (C) $20,000	New Service 277v/480v 3 phase 400 Amp	[O] Kathy Preston [A] Kevin Bellard [C] KEVIN WADE BELLARD
3601 PLANK RD	Occupancy Permit (C) $10,800	The building will function as a central hub for initiatives such as food distribution, youth education programs, and community outreach, strategically positioned to maximize accessibility and impact in the nearby community.	[O] [A] Roderick Edwards [C] N/A
3410 S SHERWOOD FOREST BLVD	Sign Permit (C) $8,220	Signage installation for new restaurant. Wall, directional and pylon signs.	[O] [A] Jeremy Halford [C] N/A
5225 CAPITAL HEIGHTS AVE	Electrical Permit (C) $8,000	Meter bank change	[O] [A] John Lurry [C] N/A
5225 CAPITAL HEIGHTS AVE	Electrical Permit (C) $8,000	Change service out to 8 apartments Meter bank 4 pack.	[O] [A] John Lurry [C] N/A
14472 OLD HAMMOND HWY	Fence Permit (C) $7,500	We are applying for a permit to install a chainlink fence on 3 sides of this vacant lot. The fence will be no more the 5-6 tall.	[O] [A] Oscar Santos 2nd [C] Premier Structural Solutions, LLC
7276 STE B HIGHLAND RD	Plumbing Permit (C) $6,000	Provide and install plumbing piping for one 3-comparment sink, one grease trap, one hand sink, and one mop sink.	[O] Mary Ann Freeman [A] drew clement [C] LOUIS MECHANICAL CONTRACTORS, INC.
1788 O’NEAL LN	Sign Permit (C) $4,000	Wall sign package	[O] Preston Petersen [A] Dee-dee Ockman [C] Thunderbolt Signs – Gene Bagot
1082 West Lee Dr	Electrical Permit (C) $100	Commercial Sign	[O] [A] Dewey Vidrine [C] ARCSMART, LLC – Dewey Vidrine
11864 DARRYL DR	Occupancy Permit (C) N/A	Auto Repair Shop	[O] [A] ADONI LANZA URBINA [C] N/A
4213 STE C GOVERNMENT ST	Occupancy Permit (C) N/A	Clean and show to get power turned on for assessment of space and showings.	[O] [A] Austin Lolan [C] N/A
10780 N MALL DR	Occupancy Permit (Clean & Show) (C) N/A	The commercial property is vacant and I need to put the power in the landlord’s name.	[O] [A] Alisha Carpenter [C] N/A
1111 LOBDELL BLVD	Occupancy Permit (C) N/A	This building will be used for a church services, bible study, counseling, seminars, and conferences. Suite C	[O] [A] Joseph London [C] N/A
238 LITTLE JOHN DR	Occupancy Permit (C) N/A	Assembly of Church Services and having Programs	[O] [A] Wanda Henderson [C] N/A
1034 N DONMOOR AVE	Occupancy Permit (C) N/A	Apartment Complex Laundry Room	[O] [A] david timoll [C] N/A
1645 VISION AVE	Parking Lot Permit (C) N/A	(EXPEDITED) New construction of 170 dwelling units in 21 2&3 story apartment buildings (walk-up and townhouse style) (sprinklered – 13R, typical, 13 system as indicated with 2 common buildings. THIS PERMIT is for the Parking Lot and Sitework for TRACT G. (Building 1645 Vision Ave)	[O] Janelle Brown [A] Clarke Gernon [C] Milton J Womack – Vic Todd
2553 KINCAID AVE	Occupancy Permit (C) N/A	Car detailing Business, will be utilizing the building for office proposes.	[O] [A] Alexs Alexander [C] N/A
11265 FLORIDA BLVD	Occupancy Permit (C) N/A	Building will be utilized as a Family Owned Barbershop that will service customers and residents within the community and surrounding areas.	[O] [A] Cole Tucker [C] N/A
9542 STE E BROOKLINE AVE	Occupancy Permit (C) N/A	An office space for consulting and marketing	[O] [A] romesia capers [C] N/A
5855 SCHOLARS AVE	Parking Lot Permit (C) N/A	(EXPEDITED) New construction of 170 dwelling units in 21 2&3 story apartment buildings (walk-up and townhouse style) (sprinklered – 13R, typical, 13 system as indicated with 2 common buildings. THIS PERMIT is for the Parking Lot and Sitework for Tract F. (Buildings 5855/5805/5753/5703 Scholars)	[O] Janelle Brown [A] Clarke Gernon [C] MILTON J. WOMACK, INC.
11445 COURSEY BLVD	Occupancy Permit (C) N/A	Vacant Suite. Need Electricity to be able to show the unit to potential tenants.	[O] [A] Amy Ponthieu [C] N/A
1640 DISCOVERY AVE	Parking Lot Permit (C) N/A	(EXPEDITED) New construction of 170 dwelling units in 21 2&3 story apartment buildings (walk-up and townhouse style) (sprinklered – 13R, typical, 13 system as indicated with 2 common buildings. THIS PERMIT is for the Parking Lot and Sitework for TRACT B. (Buildings 1651 N. Ardenwood, 6050/6020/5970 Scholars Ave, 1640 Discovery and 5905/5925/6005/6025 Imagination Pkwy)	[O] Janelle Brown [A] Clarke Gernon [C] MILTON J. WOMACK, INC.
9638 AIRLINE HWY	Occupancy Permit (C) N/A	Opening of a new retail clothing store named To New York under OZ HOUSE LA LLC. The store will sell urban style men’s apparel, footwear, and fashion accessories. No food, no salon services. No structural construction or renovation required.	[O] [A] Nicolas Oh [C] N/A
5924 IMAGINATION PKWY	Parking Lot Permit (C) N/A	(EXPEDITED) New construction of 170 dwelling units in 21 2&3 story apartment buildings (walk-up and townhouse style) (sprinklered – 13R, typical, 13 system as indicated with 2 common buildings. THIS PERMIT is for the Parking Lot and Sitework for TRACT D. (Buildings 5924/5954 Imagination Pkwy. and Community Buildings)	[O] Janelle Brown [A] Clarke Gernon [C] Milton J Womack – Vic Todd
12333 STE G JEFFERSON HWY	Occupancy Permit (C) N/A	The building will be used for a restaurant, primarily serving sushi and hibachi.	[O] [A] Biak Chin [C] N/A
2834 S SHERWOOD FOREST BLVD	Occupancy Permit (C) N/A	I need to have the electric turned on for a clean and show	[O] [A] travis spinosa [C] N/A
411 E AIRPORT AVE	Existing Bldg – Remodel Only (C) N/A	Daycare center for ages six weeks through school age.	[O] Martha Banks [A] Martha Banks [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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