Gas station at Joor Road and Lovett Road sells for $2.74M

The May 27, 2019 issue covers eleven commercial sales recorded across Baton Rouge the previous week, totaling $6.53M in disclosed volume. The headline deal: ARG IM12PKSLB001 LLC, a New York investment firm, paid $2.74M ($884/SF) for the gas station at 9150 Joor Road at Lovett Road. Michael Hogstrom bought 2.5 acres in Connell's Park from St. Luke's Episcopal Church for $705K, and B & D Electric Company bought the 1.88-acre lot in front of its warehouse on O'Neal Lane for $300K.

By ELIFIN® Source: ELIFIN transaction database

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11Commercial sales recorded
$6.53MDisclosed volume (11 of 11 sales)
$2.74MLargest sale · 9150 Joor Rd
3Planning Commission cases

Commercial Sales Recorded Last Week 11 sales

9150 Joor Rd

9150 Joor Rd

$2,740,741 $884 / SF

Gas station at Joor Rd and Lovett Rd sold to New York investment firm for over $2.7 million.

BuyerARG IM12PKSLB001 LLC

11616 Southfork Ave, Unit 403 & 404

11616 Southfork Ave, Unit 403 & 404

$850,000 $166 / SF

BuyerDickinson Commercial Properties LLC

8550, 8628 Sully Dr

8550, 8628 Sully Dr

$825,000 $9 / SFofLand

Multifamily complex in Central off of Sullivan Rd sold for $825,000.

BuyerSeventy Eight Holdings LLC

Tract 1-A Connells Park Ln

Tract 1-A Connells Park Ln

$705,029 $7 / SF

Michael Hogstrom purchases 2.5 acres of land in Connell's Park from St. Luke's Episcopal Church.

BuyerCPL38 LLC

10122 Mammoth Ave

10122 Mammoth Ave

$465,000 $39 / SF

Industrial building on Mammoth Ave sold for over $38 SF.

BuyerNSB LLC

953 O'Neal Ln

953 O'Neal Ln

$300,000 $4 / SF

B & D Electric Company purchases 1.88 acre lot in front of their warehouse facility on O'Neal Ln.

BuyerB & D Commercial Properties LLC

10777 Greenwell Springs Rd

10777 Greenwell Springs Rd

$245,000 $25 / SF

Mixed use facility on Greenwell Springs Rd near N Sherwood Forest Blvd sells for $245K.

BuyerWSMK Holdings LLC

634 N Seventh St

634 N Seventh St

$190,000 $51 / SF

Multifamily residence in downtown Baton Rouge purchased for redevelopment.

Buyer5812 Investments LLC

2477 N Flannery Rd

2477 N Flannery Rd

$130,000 $33 / SF

Free-standing retail space on N Flannery sold to new owners. Building sold in 2017 for $130K.

BuyerWSMK Holdings LLC

8038, 8040 Skysail Ave

8038, 8040 Skysail Ave

$65,500 $30 / SF

BuyerQOZF LLC

6846, 6854 Goya Ave

6846, 6854 Goya Ave

$18,000 $1 / SF

Approximately 19,000 SF of land purchased on Goya Ave.

BuyerDouble LP Enterprise LLC

Upcoming Planning Commission Cases 3 cases

Marketplace at the Greens at Millerville – FDP

Submitted by Alan Brewer

Proposed 5.58 acre development consisting of 8 new lots. One lot to contain 3 commercial buildings consisting of ±44,896 SF of space.

Life Storage Expansion on Essen Lane

Submitted by Andre Rodrigue

Life Storage expanding their footprint on Essen Lane to 161,630 SF.

Rezoning for Restaurant / Microroastery @ Electric Depot

Submitted by Dyke Nelson, DNA Workshop

Proposed rezoning from Light Commercial (C1) to Commercial Alcoholic Beverage (C-AB-1).

Commercial Permits Issued Last Week 56 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
3732 SHERWOOD ST BATON ROUGE LA 70805ElectricalN/AReplace service. Old service needed exchangeO Brent Charlet
11114 STE B CEDAR PARK AVE BATON ROUGE LA 70809OccupancyN/Awarehouse officeO Donna Joffrion
6955 PECUE LN BATON ROUGE LA 70817Commercial: NewN/ANew construction of 13,337 s.f. with covered play area and covered entry of 2,680 s.f. to total 16,017 s.f. (submitted as 12,990 ?) s.f. bldg. for child development center (associated with woman's hospital), with required parking and rear play area to serve.O Jamie Donaldson
10466 Airline Hwy Baton Rouge LA 70816Gas TestN/Agas test at laundry matO Kirt Parker
7580 CORPORATE BLVD BATON ROUGE LA 70809OccupancyN/AFitness StudioO Donald Jarreau
8200 VILLAGE PLAZA CT BATON ROUGE LA 70810OccupancyN/A1800sf Office spaceO Richard Carmouche
3884 TOPEKA ST BATON ROUGE LA 70805ElectricalN/ABroken meter can on duplex replace whole serviceO Brian Charles
3927 PLATT DR BATON ROUGE LA 70814ElectricalN/AWe are installing an electrical service to power a crime prevention security cameraO Walter Thomas
418 W MOUNT PLEASANT RD ZACHARY LA 70791ElectricalN/AEmergency repair service riser (need inspection today)O Annison
10512 S GLENSTONE PL BATON ROUGE LA 70810OccupancyN/AMedical office – clinicO Paul Pepitone
4887 ENTERPRISE ST BATON ROUGE LA 70805ElectricalN/ALighting strike-replace weather head and riser wire-emergencyO —
2230 OLEANDER ST BATON ROUGE LA 70806MechanicalN/A4 TON 14 SEER SPLIT SYSTEM EQUAL CHANGE OUTO JIM ELLIOTT
10512 STE 102 S GLENSTONE PL BATON ROUGE LA 70810OccupancyN/AMedical office – clinicO Paul Pepitone
2445 S ACADIAN THWY BATON ROUGE LA 70808Sign: On PremiseN/ACustomer may only permit wall sign 13'10 by 3.5' and one pole sign on premise 18' by 12'. Pole sign near the Chevron is not allowed, can not be permitted, and out of compliance.O —
3886 TOPEKA ST BATON ROUGE LA 70805ElectricalN/ABroken meter can on duplex replace whole serviceO Brent Charles
301 MAIN ST BATON ROUGE LA 70802Commercial: RemodelN/AInterior renovation of existing 6,200 s.f. space in existing multi-story building, on 17th floor.O Brandon Castille
7425 STE 810 CORPORATE BLVD BATON ROUGE LA 70806OccupancyN/ARestaurantO —
13278 AIRLINE HWY BATON ROUGE LA 70809OccupancyN/ARetail. name changeO —
7474 CORPORATE BLVD BATON ROUGE LA 70809Commercial: RemodelN/ARenovation of 2,995 s.f. lease space 101/102, former restaurant, for new A-2 restaurant dine in and carry out, with seating for 82 patrons.O —
13862 PERKINS RD BATON ROUGE LA 70810OccupancyN/AAttorney/Accountant OfficeO Cornelius Hyde
14211 COTTINGHAM CT BATON ROUGE LA 70817ElectricalN/AReplacing existing 2 ridgid pipe, feeds form underground that has rusted throuhg to 2 1/2 PVC. Scheduled time with Entergy for 5/29/19. Should be completed around 1:00PM to 2:00PM.O Beverly Cocker
4315 JEFFREY DR BATON ROUGE LA 70816OccupancyN/AOffice space. Delivery service. 2232sfO —
326 3RD ST BATON ROUGE LA 70801OccupancyN/AExisting BarO —
5253 STE C DIJON DR BATON ROUGE LA 70808OccupancyN/AGeneral Business. 915sfO —
10760 S CHOCTAW DR BATON ROUGE LA 70815OccupancyN/ACollision Repair 1800sq ftO —
301 Main Street Baton Rouge LA 70801Commercial: RemodelN/ARenovation of 2,350 s.f. portion of existing office Suite 630 for continued Business office use.O Hoyt Greer
655 HIGHLANDIA DR BATON ROUGE LA 70810OccupancyN/Aentergy transferred into my nameO steven faucheaux
7639 JEFFERSON HWY BATON ROUGE LA 70809OccupancyN/ARetail 900sfO Stice Hill
12320 S CHOCTAW DR BATON ROUGE LA 70815OccupancyN/A17,500 Own Commercial RentalsO —
8714 JEFFERSON HWY BATON ROUGE LA 70809OccupancyN/AOffice spaceO Krunal Patel
640 MAIN ST BATON ROUGE LA 70801OccupancyN/AMoving into building suite at the end of the month. Currently there is an existing tenant in the space: Chenevert Architects.O Gordon Leblanc
4224 BLUEBONNET BLVD BATON ROUGE LA 70809OccupancyN/AFinancial ServicesO —
9460 PERKINS RD BATON ROUGE LA 70810Commercial: Complete InteriorN/AComplete interior to existing shell (91986) of 6,000 s.f. for Assembly-restaurant use, with 390 s.f. cooler/freezer in 833 s.f. walled in area to rear.. Seating for 190O Brian Raspberry
6166 SIEGEN LN BATON ROUGE LA 70809Commercial: RemodelN/AComplete Interior to suite B of 1,778 s.f. for Mercantile sales of bread products.O Linda Long
1468 MONTE SANO AVE BATON ROUGE LA 70805OccupancyN/ARV StorageO —
4198 ALETHA DR BATON ROUGE LA 70814ElectricalN/AWe are installing an electrical service to power a crime prevention security cameraO Walter Thomas
123 anywhere Baton Rouge LA 70808Hotel/MotelN/ATest permit for Hotel/Motel permitsO Tester Testing
3144 MONTERREY DR BATON ROUGE LA 70814ElectricalN/AWe are installing an electrical service to power a crime prevention security cameraO Walter Thomas
5288 LAVEY LN BAKER LA 70714OccupancyN/ARetail. Convenience store. 2000 sfO —
209 Saint ferdinand st baton rouge LA 70802MechanicalN/AReplace one (1) 15-Ton Split System Supplying the First Floor and Replace one (1) 20-Ton Rooftop Packaged Unit Supplying the Second FloorO Russell Smith
1551 BLDG A HIGHLAND RD BATON ROUGE LA 70802Commercial: NewN/ANew construction of 2 multi-family housing buildings containing 16 dwelling units, totaling 11,825 s.f. and parking/site work to serve. THIS permit is for Building A of 6,074 s.f. with 8 units and exterior communal spaces and required parking for entire project.O Chad Herndon
11550 SOUTHFORK AVE BATON ROUGE LA 70816OccupancyN/AO Jennifer McWaters
800 CHOCTAW DR BATON ROUGE LA 70802OccupancyN/AFood WholesalerO —
640 MAIN ST BATON ROUGE LA 70801OccupancyN/AOffice spaceO —
10078 S CHOCTAW DR BATON ROUGE LA 70815OccupancyN/AMusic/Video ProductionO Jennifer Do
12047 OLD HAMMOND HWY BATON ROUGE LA 70815OccupancyN/ACoffey Insurance AgencyO Warren Gray
5522 JONES CREEK RD BATON ROUGE LA 70817OccupancyN/AChurch….A,B,C-1,C-2O Tony Do
12400 BURBANK DR BATON ROUGE LA 70810FenceN/AFence for soccer fieldO Justin Smith
5522 JONES CREEK RD BATON ROUGE LA 70817OccupancyN/AStorageO Tony Do
3458 SERACEDAR ST BATON ROUGE LA 70816ElectricalN/AMeter base and riser change outO Tryone Johnson
7455 CORPORATE BLVD BATON ROUGE LA 70806Commercial: RemodelN/ARenovation of suites 405 and 410 (of 14,258 s.f.) for continued Mercantile use, and new tenant separation wall to shift 4,090 s.f. to adjacent tenant space for Mercantile retail sales, creating a new space of 10,168 s.f. (different permit for Renov. permit for Athleta retail space)O Steve Keller
132 McGeHee Baton Rouge LA 70815OccupancyN/AOffice Space 1200 sfO —
10011 DAWNADELE AVE BATON ROUGE LA 70809Commercial: NewN/ANew construction of 4,455 s.f. drive thru restaurant, A-2, and parking/site work to serve. Seating for 64 persons.O Kevin Kadlecek
134 Mcgehee LAOccupancyN/AOffice space 1200sfO —
132 3RD ST BATON ROUGE LA 70801OccupancyN/ABarO Lee Overton
3954 FLORIDA BLVD BATON ROUGE LA 70806OccupancyN/AChild DayO —
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