The Pulse BR: Waffle House Purchases Lot on W Lee Drive

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

Commercial Sales Recorded Last Week

6300 Corporate Blvd
6300 Corporate Blvd

Type: Office
Price: $6,870,488 ($208 / SF)
Buyer: Orion Holdings LLC
Elifin’s Notes: Orion Laboratories purchases CitiPlace Centre II, a 2 story office building off Corporate Blvd.

9820 Old Hammond Hwy
9820 Old Hammond Hwy

Type: Retail
Price: $5,463,000 ($331 / SF)
Buyer: Kamakshi Baton Rouge Realty LLC
Elifin’s Notes: New York-based investor purchases the Walgreens at the corner of Airline Hwy and Old Hammond Hwy.

1110 Seville Ave
1110 Seville Ave

Type: Multifamily
Price: $1,600,000 ($100,000 / Unit)
Buyer: Friends & More Investment LLC
Elifin’s Notes: Local investor purchases 8 duplexes in Baker off Groom Rd.

8460 Bluebonnet Blvd
8460 Bluebonnet Blvd

Type: Office
Price: $1,215,820 ($185 / SF)
Buyer: Fangting Liang and Xiurong Li
Elifin’s Notes: Local investor purchases office building on Bluebonnet Blvd near Timberlake Dr.

16333 George O'Neal Rd
16333 George O’Neal Rd

Type: Industrial
Price: $964,000 ($49 / SF)
Buyer: CMJ Tay Enterprises LLC
Elifin’s Notes: Covington-based buyer purchase a two building industrial property that includes, multiple warehouses with office and showroom space.

Tract A Old Scenic Hwy
Tract A Old Scenic Hwy

Type: Land
Price: $625,000 ($2.53 / Land SF)
Buyer: Smile Studio Properties LLC
Elifin’s Notes: Dentist purchases acreage in Zachary on the corner of Old Scenic Hwy and Zimmerman Rd.

6566 N Foster Dr
6566 N Foster Dr

Type: Industrial
Price: $525,000 ($39 / SF)
Buyer: Sunny Nguyen
Elifin’s Notes: Local buyer purchases two industrial buildings on 1.75 acres off N Foster Dr just north of the Airline Hwy intersection.

Lot C1-A Highland Rd
Lot C1-A Highland Rd

Type: Land
Price: $475,000 ($26.60 / Land SF)
Buyer: The Triche Team LLC
Elifin’s Notes: Investor purchases vacant lot on Highland Rd near the Lee Dr intersection.

Tract A-3-5-B W Lee Dr
Tract A-3-5-B W Lee Dr

Type: Land
Price: $455,000 ($17.70 / Land SF)
Buyer: Waffle House Inc
Elifin’s Notes: Waffle House purchases half acre lot on W Lee Dr near the Nicholson Dr intersection.

9803 Greenwell Springs Road
9803 Greenwell Springs Road

Type: Retail
Price: $160,000 ($69 / SF)
Buyer: Bernard Kibodi
Elifin’s Notes: Local investor purchases retail building on Greenwell Springs Rd.

1804 Dallas Dr
1804 Dallas Dr

Type: Retail
Price: $100,000 ($62 / SF)
Buyer: ABC Children’s Learning Academy LLC
Elifin’s Notes: ABC Children’s Learning Academy purchases building on Dallas Dr.


Upcoming Planning Commission Cases

Rezoning for Townhomes on Claycut in Mid City

  • Submitted 8/3/2022 by Brent Bueche. Proposed rezoning from Single Family Residential (A2) to Town House (A2.5) and to amend the Comprehensive Land Use Plan from Residential Neighborhood to Compact Neighborhood for townhome development.
  • 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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