08 Nov The Pulse: Conn’s on Airline and Florida Blvd Retail Center Sold
A weekly update on the commercial real estate landscape of Baton Rouge.
Commercial Sales Recorded Last Week
2927 S Sherwood Forest Blvd
Price: $450,000 ($146 / SF)
Buyer: Kumar LLC
Elifin’s Notes: Local investor purchases former Mid-South Bank branch on the corner of S Sherwood Forest Blvd and Bricksome Ave.
Price: $450,000 ($146 / SF)
Buyer: Kumar LLC
Elifin’s Notes: Local investor purchases former Mid-South Bank branch on the corner of S Sherwood Forest Blvd and Bricksome Ave.
8751 Siegen Lane
Price: $1,275,000 ($546 / SF)
Buyer: SW-Siegen LLC
Elifin’s Notes: ocal real estate agent purchases former Chase Bank branch on Siegen Lane just north of the Perkins Rd intersection.
Price: $1,275,000 ($546 / SF)
Buyer: SW-Siegen LLC
Elifin’s Notes: ocal real estate agent purchases former Chase Bank branch on Siegen Lane just north of the Perkins Rd intersection.
5905, 5907, 5909 Florida Blvd
Price: $3,800,000 ($35 / SF)
Buyer: Florida Three, LLC
Elifin’s Notes: Local investors purchase fully-leased retail shopping center on the corner of Florida Blvd and N. Ardenwood Dr.
Price: $3,800,000 ($35 / SF)
Buyer: Florida Three, LLC
Elifin’s Notes: Local investors purchase fully-leased retail shopping center on the corner of Florida Blvd and N. Ardenwood Dr.
8888 Airline Hwy
Price: $4,875,000 ($91 / SF)
Buyer: STNL Baton Rouge LLC
Elifin’s Notes: STNL Development, a Cincinnati-based real estate investment firm, purchase the Conn’s HomePlus on Airline Hwy, south of the Florida Blvd intersection.
Price: $4,875,000 ($91 / SF)
Buyer: STNL Baton Rouge LLC
Elifin’s Notes: STNL Development, a Cincinnati-based real estate investment firm, purchase the Conn’s HomePlus on Airline Hwy, south of the Florida Blvd intersection.
4520 Jamestown Ave
Price: $422,000 ($62 / SF)
Buyer: 4520 Jamestown Ave
Elifin’s Notes: The owner of the Baton Rouge-based CT Companies purchases two story office building on Jamestown Ave.
Price: $422,000 ($62 / SF)
Buyer: 4520 Jamestown Ave
Elifin’s Notes: The owner of the Baton Rouge-based CT Companies purchases two story office building on Jamestown Ave.
4455 American Way
Price: $4,500,000 ($64 / SF)
Buyer: UCS Baton Rouge LLC
Elifin’s Notes: MLU Services, a natural recovery disaster contractor out of Athens, GA, purchases 4-story office building off American Way near the Coursey Blvd intersection.
Price: $4,500,000 ($64 / SF)
Buyer: UCS Baton Rouge LLC
Elifin’s Notes: MLU Services, a natural recovery disaster contractor out of Athens, GA, purchases 4-story office building off American Way near the Coursey Blvd intersection.
5021 McClelland Drive
Price: $415,000 ($21,842 / Unit)
Buyer: CK Enterprises of Louisiana LLC
Elifin’s Notes: Local investor purchases Sycamore Court apartments, a 19-unit complex just off Evangeline St near Florida Blvd.
Price: $415,000 ($21,842 / Unit)
Buyer: CK Enterprises of Louisiana LLC
Elifin’s Notes: Local investor purchases Sycamore Court apartments, a 19-unit complex just off Evangeline St near Florida Blvd.
1984 Brightside Drive
Price: $475,000 ($47,500 / Unit)
Buyer: 984 Brightside, LLC
Elifin’s Notes: Local investor purchases ten units at the Brightside Manor II Apartments complex.
Price: $475,000 ($47,500 / Unit)
Buyer: 984 Brightside, LLC
Elifin’s Notes: Local investor purchases ten units at the Brightside Manor II Apartments complex.
Portfolio Sales
3475 N Acadian Thwy
Price: $500,000 ($89 / SF)
Buyer: MikeAli1984 LLC
Elifin’s Notes: Two Ragusa Meat Markets, one on Beechwood Dr and one on N Acadian Thwy, sell to local investor.
Price: $500,000 ($89 / SF)
Buyer: MikeAli1984 LLC
Elifin’s Notes: Two Ragusa Meat Markets, one on Beechwood Dr and one on N Acadian Thwy, sell to local investor.
10589 Airline Hwy
Price: $250,000 ($21 / SF)
Buyer: Travis Spinosa
Elifin’s Notes: Husband and wife investors purchase three auto repair facilities around Baton Rouge: one on Airline Hwy, Greenwell Springs Rd, and Evangeline St.
Price: $250,000 ($21 / SF)
Buyer: Travis Spinosa
Elifin’s Notes: Husband and wife investors purchase three auto repair facilities around Baton Rouge: one on Airline Hwy, Greenwell Springs Rd, and Evangeline St.
Industrial Sales
7517 Town S Ave
Price: $213,000 ($61 / SF)
Buyer: 7517 Town South LLC
Elifin’s Notes: Louisiana Pond Management purchase the company’s headquarters just off Staring Lane.
Price: $213,000 ($61 / SF)
Buyer: 7517 Town South LLC
Elifin’s Notes: Louisiana Pond Management purchase the company’s headquarters just off Staring Lane.
11711 Sun Belt Ct
Price: $980,000 ($86 / SF)
Buyer: Coursey Court LLC
Elifin’s Notes: Local investor purchases 2-story office/warehouse in the Industriplex subdivision.
Price: $980,000 ($86 / SF)
Buyer: Coursey Court LLC
Elifin’s Notes: Local investor purchases 2-story office/warehouse in the Industriplex subdivision.
12310 Industriplex Blvd
Price: $825,000 ($81 / SF)
Buyer: E & G Real Estate Investments LLC
Elifin’s Notes: Local investors purchase 2-story office/warehouse on Industriplex Blvd.
Price: $825,000 ($81 / SF)
Buyer: E & G Real Estate Investments LLC
Elifin’s Notes: Local investors purchase 2-story office/warehouse on Industriplex Blvd.
Land Sales
Tract A Mickens Rd
Price: $300,000 ($1.53 / Land SF)
Buyer: Mickens Rd Development
Elifin’s Notes: Port Allen developers purchase 4.5 acres off Mickens Rd.
Price: $300,000 ($1.53 / Land SF)
Buyer: Mickens Rd Development
Elifin’s Notes: Port Allen developers purchase 4.5 acres off Mickens Rd.
Upcoming Planning Commission Cases
Rezoning for Zero Lot Line Subdivision on Old Hammond Hwy
- Submitted on 10/26/2021 by Jonathan Starnes. To rezone from Rural to Zero Lot Line (A2.6) and amend the Comprehensive Land Use Plan from Residential Neighborhood to Compact Neighborhood on property located north of Old Hammond Hwy and west of O’Neal Lane.
- Rezoning Application – Amendment Application – View on Map
Commercial Permits Issued Last Week
11/05/2021 // 5377 HIGHLAND RD BATON ROUGE LA 70808
- Type: Demolition
- Description: Take down and remove 24′ x 56′ (2) column T section of fueling canopy. Remove existing T section of canopy only.
- Owner: Chris Seebach
11/05/2021 // 1325 NORTH ST BATON ROUGE LA 70802
- Type: Occupancy
- Description: Existing apartment
- Owner: Collis Temple
11/05/2021 // 2436 STE D NORTH ST BATON ROUGE LA 70802
- Type: Commercial: Complete Interior
- Description: Complete Interior Build-out of Suite D of 1,130 s.f. to add restrooms, air conditioning and sheetrock. Mercantile or Business Use. FUTURE tenant needs occupancy or possible remodel permit.
- Owner: marjoe holmes
11/05/2021 // 11457 FLORIDA BLVD BATON ROUGE LA 70815
- Type: Occupancy
- Description: Powers release
- Owner: Veronica San Jose
11/05/2021 // 7055 GLEN OAKS DR BATON ROUGE LA 70812
- Type: Gas Test
- Description: Commercial gas test
- Owner: N/A
11/05/2021 // 2436 STE A NORTH ST BATON ROUGE LA 70802
- Type: Commercial: Complete Interior
- Description: Complete Interior Build-out of Suite A of 1,180 s.f. to add restrooms, air conditioning and sheetrock. Mercantile or Business Use. FUTURE tenant needs occupancy or possible remodel permit.
- Owner: marjoe holmes
11/05/2021 // 1325 NORTH ST BATON ROUGE LA 70802
- Type: Occupancy
- Description: Existing Apartment
- Owner: Collis Temple
11/05/2021 // 2436 STE C NORTH ST BATON ROUGE LA 70802
- Type: Commercial: Complete Interior
- Description: Complete Interior Build-out of Suite C of 1,052 s.f. to add restrooms, air conditioning and sheetrock. Mercantile or Business Use. FUTURE tenant needs occupancy or possible remodel permit.
- Owner: marjoe holmes
11/05/2021 // 2436 STE B NORTH ST BATON ROUGE LA 70802
- Type: Commercial: Complete Interior
- Description: Complete Interior Build-out of Suite B of 1,000 s.f. to add restrooms, air conditioning and sheetrock. Mercantile or Business Use. FUTURE tenant needs occupancy or possible remodel permit.
- Owner: marjoe holmes
11/05/2021 // 3112 BALIS DR BATON ROUGE LA 70808
- Type: Occupancy
- Description: Storing closed files, office furniture, and other items for law office.
- Owner: N/A
11/04/2021 // 1084 MONET DR BATON ROUGE LA 70806
- Type: Electrical
- Description: Replacing 4 gang metercan on apartments 20, 21,22,23
- Owner: Johnothan
11/04/2021 // 3939 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816
- Type: Occupancy
- Description: Turn on the electricity for showing !
- Owner: mike dinh
11/04/2021 // 6750 HARRY DR BATON ROUGE LA 70806
- Type: Occupancy
- Description: Electricity has been off in apartment for over 6 months and Entergy is requiring a permit
- Owner: Melba Chatman
11/04/2021 // 2336 HIGHLAND RD BATON ROUGE LA 70802
- Type: Occupancy
- Description: Existing convenience store with gas station.
- Owner: ABDULKHALEQ HUSSAIN
11/04/2021 // 13000 JUSTICE AVE BATON ROUGE LA 70816
- Type: Occupancy
- Description: OFFICE
- Owner: Ayanna Ginn
11/04/2021 // 380 ELMER AVE BATON ROUGE LA 70807
- Type: Electrical
- Description: Rebuild service 100 amp
- Owner: Shannon Douglas
11/04/2021 // 2838 CRATER LAKE DR BATON ROUGE LA 70814
- Type: Occupancy
- Description: repairing cars
- Owner: N/A
11/03/2021 // 6435 RENOIR AVE, BATON ROUGE, LOUISIANA, 70806 BATON ROUGE LA 70806
- Type: Occupancy
- Description: Storage
- Owner: Frederick Davis
11/03/2021 // 936 MAGNOLIA WOOD AVE BATON ROUGE LA 70808
- Type: Plumbing
- Description: Remove existing bathtub and part of the surround. Install new pressure balance valve. Install new acrylic shower base and acrylic surround. Water and drain will attach to existing .
- Owner: Barbara Burns
11/03/2021 // 8706 JEFFERSON HWY BATON ROUGE LA 70809
- Type: Occupancy
- Description: rental property
- Owner: Gary Koederitz
11/03/2021 // 12553 S HARRELL’S FERRY RD BATON ROUGE LA 70816
- Type: Occupancy
- Description: Office Space
- Owner: N/A
11/03/2021 // 4520 JAMESTOWN AVE BATON ROUGE LA 70808
- Type: Occupancy
- Description: Payroll Services
- Owner: Charles Taylor
11/03/2021 // 8751 SIEGEN LN BATON ROUGE LA 70810
- Type: Occupancy
- Description: Former Bank Building Purchased by Ted Terrell (SW-Siegen) to be renovated. Entergy stated permit (read & leave on) needed for gas transfer. I am not sure there is even gas at the property.
- Owner: Ted Terrell
11/03/2021 // 12310 INDUSTRIPLEX BLVD BATON ROUGE LA 70809
- Type: Occupancy
- Description: occupancy to transfer service
- Owner: Elizabeth Macmurdo
11/03/2021 // 4520 JAMESTOWN AVE BATON ROUGE LA 70808
- Type: Occupancy
- Description: Payroll Services
- Owner: Charles Taylor
11/03/2021 // 4520 JAMESTOWN AVE BATON ROUGE LA 70808
- Type: Occupancy
- Description: Payroll Services
- Owner: Charles Taylor
11/02/2021 // 11017 PERKINS RD BATON ROUGE LA 70810
- Type: Occupancy
- Description: Office for home health care business.
- Owner: N/A
11/02/2021 // 11777 INDUSTRIPLEX BLVD BATON ROUGE LA 70809
- Type: Commercial: Remodel
- Description: Renovation to an existing 31,243 s.f. building, Creating 9,760 s.f. tenant space, Suite 3, for business occupancy (3,058 s.f.) with a portion to be warehouse use (4,578 s.f.) to be separated by 1HR Fire Rated wall. Existing building is protected by an automatic sprinkler system.
- Owner: Lawrence Maestri
11/02/2021 // 9828 BLUEBONNET BLVD BATON ROUGE LA 70810
- Type: Gas Test
- Description: Children play tumbling
- Owner: Brody Thompson
11/02/2021 // 16441 S HARRELL’S FERRY RD BATON ROUGE LA 70816
- Type: Gas Test
- Description: Commercial gas test for rental unit #6215
- Owner: N/A
11/02/2021 // 2088 POLLARD PKWY BATON ROUGE LA 70808
- Type: Electrical
- Description: We will be changing out a meter to a combo meter. We will need to have a cut in inspection done for Entergy on Thursday. I will call the office to set it up.
- Owner: Elizabeth Avera
11/02/2021 // 4626 SHERWOOD COMMON BLVD BATON ROUGE LA 70816
- Type: Occupancy
- Description: office space
- Owner: Billy Jacobs
11/02/2021 // 304 LAUREL ST BATON ROUGE LA 70801
- Type: Occupancy: Clean
- Description: Office – Clean and Show Permit
- Owner: Julius McMains
11/02/2021 // 18451 HIGHLAND RD BATON ROUGE LA 70810
- Type: Commercial: New
- Description: New construction of 2,250 s.f. Andy’s Frozen Custard walk-up and Drive Thru store, sitework and parking. There will be no indoor seating at this location.
- Owner: Wyatt Adams
11/01/2021 // 10330 AIRLINE HWY, BATON ROUGE, LOUISIANA, 70809 BATON ROUGE LA 70809
- Type: Commercial: Remodel
- Description: Interior renovations to an existing 1575 s.f. tenant lease space (suite) within an existing strip mall for new office layout (Business Group B). Scope of work includes associated Mechanical, Electrical and Plumbing modification.
- Owner: Darren Aschaffenburg
11/01/2021 // 4021 W E. HECK CT BATON ROUGE LA 70816
- Type: Commercial: New
- Description: New construction of 3684 s.f. Building F in existing office park for Business use, to include 4 suites (F1 of 893 s.f., F2 of 917 s.f., F3 of 917 s.f. and F4 of 893 s.f.)
- Owner: N/A
11/01/2021 // 6401 BLUEBONNET BLVD BATON ROUGE LA 70836
- Type: Occupancy
- Description: There is an existing Pizza restaurant inside the food court and this is a new company called Freshzza that is taking over this location and opening it up again as a Pizza restaurant.
- Owner: Jason Spencer
11/01/2021 // 10380 AIRLINE HWY BATON ROUGE LA 70809
- Type: Commercial: Remodel
- Description: RENOVATION OF AN EXISTING MERCANTILE SHOWROOM, 6,963 s.f. IIIB; M/S-2 Use.
- Owner: Adam Penn
11/01/2021 // 5159 BAKER BLVD BAKER LA 70714
- Type: Commercial: Remodel
- Description: Remodel 4 Plex flooded rental property. Flood damage renovation. Scope of work includes repairing/ replacing sheetrock, hot water heaters, toilets, tubs and sinks, adding smoke detectors, some exterior repairs, downstairs units will be replacing all outlets and switches. This permit is for Units C and D only, see permit #129125 for units A and B.
- Owner: Tommy Gould
11/01/2021 // 9867 MESA VERDE AVE BATON ROUGE LA 70814
- Type: Occupancy
- Description: Residential Property for sale, bank owned by SBA, utilities needed to move towards ACT OF SALE
- Owner: Michael Reagan
11/01/2021 // 1606 BROCADE DR, BATON ROUGE, LOUISIANA, 70815 BATON ROUGE LA 70815
- Type: Electrical
- Description: Fix bent riser and damaged meter pan
- Owner: Charlie Myers
11/01/2021 // 9420 OLD HAMMOND HWY BATON ROUGE LA 70809
- Type: Occupancy
- Description: Office Occupancy for Momentum Commercial Real Estate
- Owner: Andy McCall
11/01/2021 // 1310 MENGEL RD BATON ROUGE LA 70805
- Type: Electrical
- Description: Service upgrade and new service at existing location
- Owner: John Foley
11/01/2021 // 4600 SHERWOOD COMMON BLVD BATON ROUGE LA 70816
- Type: Occupancy
- Description: Home Care company
- Owner: Brandon Ratcliff
No Comments