13 Mar The Pulse BR: Your Weekly Sales plus Elifin named Company of Year by Business Report
A weekly update on the commercial real estate landscape of Baton Rouge.
Business Report names ELIFIN® Company of The Year
Commercial Sales Recorded Last Week
13533 Hooper Rd
Price: $975,000 ($20 / SF)
Buyer: FIDC 131 LLC
Elifin’s Notes: Former Lancaster House location in Central sells to Ohio-based Cocca Development.
15100 Market St
Price: $590,000 ($94 / SF)
Buyer: KKD Holdings LTD LLC
Elifin’s Notes: Clint’s Garage owner purchases the business’s location on Market St just off of Jones Creek Rd.
6325 Airline Hwy
Price: $360,000 ($35 / SF)
Buyer: SBC Investments LLC
Elifin’s Notes: Office/warehouse fronting Airline Hwy sells to local investor.
5219 Greenwell St
Price: $300,000 ($37 / SF)
Buyer: Jesus Name Apostolic Temple Inc
Elifin’s Notes: Calvary Evangelical Lutheran Church of Baton Rouge sells their campus on the corner of Greenwell St and Winchester Ave.
8372 Scotland Ave
Price: $270,000 ($135 / SF)
Buyer: Scotlandville Avenue Investments LLC
Elifin’s Notes: Southern University System Foundation purchase Chicken Shack fast food restaurant on the corner of Scotland Ave and Scenic Hwy.
17336 Old Hammond Hwy
Price: $250,000 ($0.99 / Land SF)
Buyer: Juan Alvarado
Elifin’s Notes: Commercially zoned land sells on Old Hammond Hwy near Florida Blvd.
2546 Toulon Dr
Price: $190,000 ($130 / SF)
Buyer: Submeter One LLC
Elifin’s Notes: Property containing two office buildings sells off Mead Rd.
Upcoming Planning Commission Cases
Off-Street Parking for Barracuda Taco on Government St
- Submitted 2/1/23 by Garrison Neill. Proposed rezone from Single Family Residential (A2) to Neighborhood Office (NO) on property located on the east side of Saint Rose Avenue, south of Government Street.
- Staff Report – 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.