The Pulse BR: Vacant Sherwood Forest bank property sells for 2mm

12 Dec The Pulse BR: Vacant Sherwood Forest bank property sells for 2mm

Posted at 09:13h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

5423 S Sherwood Forest Blvd

Type: Retail
Price: $2,000,000 ($277 / SF)
Buyer: Baton Rouge Vet Center LLC
Elifin’s Notes: Illinois-based investor purchases former Neighbors Credit Union on the corner of S Sherwood Forest Blvd and Market Place Ave

4323 Burbank Dr

Type: Retail
Price: $1,446,888 ($629 / SF)
Buyer: Coflo Properties LLC
Elifin’s Notes: Convenience store at the corner of Burbank Dr and E Boyd Dr sells to Majors Management, a Georgia-based real estate investment firm that specialized in convenience stores and gas stations

3074 Westfork Dr

Type: Office
Price: $875,000 ($136 / SF)
Buyer: MFI 2 LLC
Elifin’s Notes: Office near the corner of Westfork Dr and Southfork Ave sells to local investor

6022 Crestmount Dr

Type: Industrial
Price: $462,500 ($83 / SF)
Buyer: Two Amigos Dreaming LLC
Elifin’s Notes: Office warehouse sells off Cloverland Ave

3920 Geronimo St

Type: Portfolio
Price: $309,000 ($25,750 / Unit)
Buyer: Serenity Home Solutions LLC
Elifin’s Notes: Local investor purchases four duplexes and four single family houses in north Baton Rouge

1355 Seabord Dr

Type: Office
Price: $150,000 ($94 / SF)
Buyer: Compliance Envirosystems LLC
Elifin’s Notes: Compliance Envirosystems purchase office neighboring their headquarters on Seabord Dr

6953 Titian Avenue

Type: Industrial
Price: $140,000 ($32 / SF)
Buyer: BMC Office LLC
Elifin’s Notes: Industrial office sells on Titian Ave

2834 S Sherwood Forest Blvd, Unit D9

Type: Retail
Price: $140,000 ($140 / SF)
Buyer: Ly Family LLC
Elifin’s Notes: Retail unit sells in the The Common Point shopping center

1824 Ryder Dr

Type: Industrial
Price: Withheld
Buyer: Magnolia Water Utility Operating Company LLC
Elifin’s Notes: Missouri-based Central States Water Resources purchases industrial property on Ryder Dr

Upcoming Planning Commission Cases

Northridge (formerly Templeton Ridge)

Submitted 10/27/22 by Templeton Ridge Development, LLC. Proposed submittal of an expired Planned Unit Development (PUD) for a low density residential development on property located on the west side of Old Scenic Highway, west of Groom Road.
Plans – Staff Report – Application – View on Map

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1 SMART WAY	Commercial: Remodel $1,511,475	(Expedited) Renovation of 4,246 sq. ft. in existing space, Ste. 110 for restaurant build out .	[O] Chad Hughes [A] Hance Hughes [C] ARKEL CONSTRUCTORS, LLC
8836 S CHOCTAW DR	Commercial: New $1,469,144	New construction of One Story 8,118 sq. ft. Building with an Office and Warehouse in the back that will distribute industrial sized fans and HVAC equipment (B/S-2).	[O] Jason Hornsby [A] Tommy White [C] SALCO CONSTRUCTION, INC.
660 N FOSTER DR	Commercial: Remodel $450,000	(Expedited) Renovations to 7,245 sq. ft. of an existing building. Scope of work is limited to the first floor only.	[O] Kase Dupont [A] Britany Wethey [C] LIMCON CONSTRUCTION, INC.
660 N FOSTER DR	Commercial: Addition $358,750	(Expedited) 2511 sq. ft. addition to the first floor.	[O] Kase Dupont [A] Britany Wethey [C] LIMCON CONSTRUCTION, INC.
1937 MARINER DR	Commercial: New $350,000	NEW CONSTRUCTION OF A 3,442 SQ FT 4 PLEX.	[O] ANN ALEXANDER [A] [C] EXPERT MAINTENANCE & CONSTRUCTION SERVICES, LLC
100 WOMAN’S WAY	Commercial: Remodel $245,000	MINOR INTERIOR RENOVATIONS TO AN EXISTING OFFICE SPACE IN HOSPITAL. 3RD FLOOR I.T. OFFICE.	[O] KURT SCOTT [A] Ruby Sanford [C] ARKEL CONSTRUCTORS, LLC
1979 BEAUMONT DR	Commercial: Remodel $200,000	Renovation of 860 s.f. kitchen in board and care facility, including hood installation.	[O] Nicole Walker [A] Clifford Grout [C] FAULK & MEEK GENERAL CONTRACTORS, L.L.C.
7980 AIRLINE HWY	Commercial: Addition $150,000	New addition of 1250 sq,ft, storage building, S-1 to Existing 4,240 sq ft convenience store building (Fire Damage Replacement).	[O] Stanley Cheatham [A] Stephen Arceneaux [C] Forte’ Construction LLC
555 CHOCTAW DR	Commercial: Remodel $106,406	ROOFING ONLY SECTION 6 – REMOVE 467 SQ FT OF EXISTING RIBBED STEEL ROOF PANELS, REPLACE WITH 24 GAUGE RIBBED STEEL ROOF PANELS. SECTION 4 – REMOVE 2,112 SQ FT EXISTING ROOFING MATERIAL, MECHANICALLY ATTACH TAPERED INSULATION, COVER WITH CLP+FT AND COAT WITH MAINTENANCE COATING.	[O] Melissa Reebel [A] MISSY REEBEL [C] SIMON ROOFING AND SHEET METAL CORP.
9050 OXFORD PLACE DR	Commercial: Remodel $100,000	SHOWER ADDITION TO EXISTING RESTROOMS IN AN EXISTING BUILDING AND ADDED STAIRS AND GUARDRAILS TO CREATE MEZZANINE FOR LIMITED STORAGE AREA.	[O] Eric Gandy [A] Jason Spencer [C] SPENCER’S CONTRACTING L.L.C.
6601 BLUEBONNET BLVD	Commercial: Remodel $88,285	New cosmetics Replica install, new flooring, new electrical and new fixtures. Demo existing flooring and fixtures.	[O] [A] Richard Cornwell [C] CDI CONTRACTORS, LLC
660 STE C ARLINGTON CREEK CENTRE BLVD	Commercial: Remodel $80,000	(Expedited) Complete interior renovation of Suite 201 of 1,150 sq.f ft. to build-out hydration infusion clinic.	[O] Justin Seaverns [A] Shay Diggs [C] PQ Construction LLC
14355 S HARRELL’S FERRY RD	Electrical $25,703	Fire damaged Apartment renovation for Unit 205.	[O] Lillian Lo [A] Bobby Achord [C] N/A
14355 S HARRELL’S FERRY RD	Electrical $19,147	Fire damaged apartment renovation for Unit 105, (See Project 142657 for plumbing permit).	[O] Lillian Lo [A] Bobby Achord [C] N/A
5304 STEARNS ST	Damage Assessment $5,000	Residential Living. The project will consist of adding windows, doors, some siding, flooring, new electrical panel and rewiring.	[O] Nairanzo Hudson [A] Nairanzo Hudson [C] RICHARD EARL FLYNN
18232 VIS-A-VIS AVE	Fence $3,000	Building a fence on top of existing deck	[O] Jackie Hanks [A] Facilites Maintenance Management [C] FMM – Facilites Maintenance Management
8733 JEFFERSON HWY	Commercial: Remodel $2,000	(expedited) New tenant for existing Restaurant Food Service. Combing electrical service for suites 8733 and 8735 to one unit only. No building, mechanical or plumbing work in scope. (Business, occupancy under 50)	[O] Ali Rajabali [A] Chittana Bradford [C] CBradford Mgmt dba Chai Thai-Lao LLC – Kit Bradford
5465 LEMONWOOD DR	Fence $2,000	Residential Fence	[O] Vera Martin [A] Vera Martin [C] Vera Martin
7100 PRESCOTT RD	Manufactured Home Permit: Relocation $750	Relocation of existing mobile home to established park	[O] Charles Oliver [A] Pam Odom [C] N/A
2106 KANSAS ST	Occupancy N/A	Home was without power for too long and for that reason a permit is necessary to bring electricity back to the home.	[O] Matt Adams [A] Matt Adams [C] N/A
3401 PLANK RD	Occupancy N/A	tax office space for office	[O] Alicia Alabi [A] Alicia Alabi [C] Safeguard Tax Service – Alicia Alabi
23332 ELBERTA LN	Plumbing N/A	We have a project to remove a tub and part of the surround. Install a new pressure balance valve. Install a new acrylic shower pan in place of the bath tub and new acrylic surround. Water and drain lines tie-in to existing plumbing.	[O] Linda Avellone [A] Robert Harrison [C] Max Home – Robert Harrison
7171 STE 1 AIRLINE HWY	Occupancy N/A	office space for tax	[O] Alicia Alabi [A] JOSE ALABI [C] Safeguard Tax Service – JOSE ALABI
8545 SUMMA AVE	Occupancy N/A	Residential condominium	[O] Bradley Sanders [A] Bradley Sanders [C] Hampton Way Inc. – Bradley Sanders
15959 STE D HEWWOOD AVE	Occupancy N/A	Building will be used for small events such as gender reveals, baby showers, floral & balloon demonstrations.	[O] Shantina Miles [A] Shantina Miles [C] The Unicornshop – Shantina Miles
8225 YMCA PLAZA DR	Occupancy N/A	Will now be an apartment complex	[O] [A] Teresa Geyer [C] N/A
2315 FIREWOOD DR	Solar N/A	Install 10.79kW solar panel system on existing home – no structural change	[O] Thanh Tran [A] Joshua Theard [C] PosiGen Developer, LLC – Joshua Theard
16527 HAMILTON AVE	Solar N/A	Install 5.81kW solar panel system on existing home – no structural change	[O] JoAnna Pillot [A] Joshua Theard [C] PosiGen Developer, LLC – Joshua Theard
509 FRANKLIN ST	Electrical N/A	panel replacement	[O] Olivia McClure [A] Joshua Davis [C] N/A
358 DUNSTAN CIR	Electrical N/A	Installation of home backup battery	[O] Karen Wetzel [A] Jeffrey Cantin [C] SOLAR ALTERNATIVES, INC – Jeffrey Cantin
2611 N DUMONT DR	Occupancy N/A	business warehouse	[O] David Cangelosi [A] Charlie Cangelosi [C] N/A
8122 NED AVE	Occupancy N/A	Unit has been vacant and requires Occupancy Permit fopr power to be turned on	[O] Frank Klein [A] Martin Valle [C] Riverland Apartments – Martin Valle

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

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