05 Apr The Pulse: Former Barcadia Building and The Exchange Apts Sold

Posted at 09:40h 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

2435 Drusilla Lane
Price: $670,000 ($83 / SF)
Buyer: JakCar LLC
Elifin’s Notes: Real estate agents purchase office building on the corner of Drusilla Lane and Brookline Ave.
1885 Wooddale Blvd
Price: $525,000 ($5 / SF)
Buyer: Rhino Holdings Wooddale LLC
Elifin’s Notes: A Nevada-based investment firm, Rhino Investments, purchases former state office building located off Wooddale Blvd.
15015 Jamestown Blvd
Price: $1,455,539 ($167 / SF)
Buyer: CHL Endeavors LLC
Elifin’s Notes: Cajun Ready Mix owners purchase office building at the intersection of Jamestown Blvd and Pecue Lane.
9332 Interline Ave
Price: $230,000 ($115 / SF)
Buyer: Big Drawer Holdings LLC
Elifin’s Notes: Audubon Home Health owners purchase office building near their headquarters on Interline Ave.
8313 O’Hara Ct
Price: $375,000 ($65 / SF)
Buyer: Pursley and Lawson Investment LLC
Elifin’s Notes: Local investors purchase office building located off Goodwood Blvd.
449 Ben Hur Rd
Price: Withheld
Buyer: 449 Ben Hur LSU LLC
Elifin’s Notes: Georgia-based Landmark Properties purchases the Exchange of Baton Rouge, a 299 unit complex at the corner of Ben Hur Rd and Burbank Dr. Price withheld.
10950 Darryl Dr
Price: $2,300,000 ($12,042 / Unit)
Buyer: TX Sherwood Oaks, LP
Elifin’s Notes: Rise Residential, a Dallas-based firm, purchases the former Brandywine Apartments, a 191 unit complex located off Darryl Dr near the N Sherwood Forest Blvd intersection.
3021 North Blvd
Price: $750,000 ($46,875 / Unit)
Buyer: GT Gustos LLC
Elifin’s Notes: Local investor purchases 16 unit apartment complex in Mid-City near Baton Rouge Magnet.
4255 W Brookstown Dr
Price: $325,000 ($27,083 / Unit)
Buyer: 4255 W Brookstown LLC
Elifin’s Notes: Investor purchases 12 unit apartment complex near the intersection of Airline Hwy and Prescott Rd.
3347 Highland Rd
Price: $1,495,000 ($226 / SF)
Buyer: RevBR Properties LLC
Elifin’s Notes: Former Barcadia spot off Highland at LSU’s north gates is purchased by owner of Beau Vine, a Ruston-based steak house.
4762 Main St
Price: $480,000 ($102 / SF)
Buyer: Isra B. Thomas, III
Elifin’s Notes: An owner of several NAPA Auto Parts chains in Louisiana purchases the NAPA Auto Parts store in Zachary.
2024 Staring Lane
Price: $300,000 ($72 / SF)
Buyer: Car Wash Headquarters Inc
Elifin’s Notes: Mister Car Wash, an Arizona-based car wash chain, purchases car wash property off Staring Lane near the Perkins Rd intersection.
12504 Plank Rd
Price: $690,000 ($79 / SF)
Buyer: Baker DG LLC
Elifin’s Notes: Local investors purchase Dollar General in Baker near the Plank Rd and Comite Dr intersection.

Land Sales

River Rd
Price: $5,684,600 ($101.51 / Land SF)
Buyer: Engquist – River Properties LLC
Elifin’s Notes: Local developer, John Enquist, purchases vacant lots downtown on the corner of River Rd and Main St.

Industrial Sales

7435 Town South Ave
Price: $265,000 ($122 / SF)
Buyer: E Coy Holdings LLC
Elifin’s Notes: Industrial property sells off Starlng Lane.

 

Upcoming Planning Commission Cases

Proposed Major Subdivision (“Trivento” – 350 Acres) by D.R. Horton
  • Submitted on 3/31/2021 by D.R. Horton Inc, Gulf Coast, Adam Kurz. Proposed amendment to Land Use from Industrial to Residential Neighborhood. Proposed subdivision called “Trivento” at Old Scenic Hwy and Groom Road. Average lot size 50′ x 125′.
  • Land Use Amendment – Subdivision Application – View on Map
Proposed Land Use Amendment for Major Subdivision by Brandon Dodson.
  • Submitted on 3/30/2021 by Mr. Brandon Dodson. Proposed amendment to Land Use from Agricultural/Rural to Residential Neighborhood. Major subdivision, 111 acres.
  • Land Use Amendment –  View on Map

Commercial Permits Issued Last Week

04/01/2021 // 650 Arlington Creek Centre Baton Rouge LA 70820
  • Type: Commercial: Complete Interior
  • Description: Complete interior build-out for medical office of 2,787 s.f.
  • Owner: James Britsch
04/01/2021 // 2834 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Office space
  • Owner: Lisa Baker
04/01/2021 // 1077 N DONMOOR AVE BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: existing apartment Restoring Power/painting/New Flooring
  • Owner: Rogee Clark
04/01/2021 // 8451 GREENMOSS DR BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: New tenant in existing office space.
  • Owner: Ewart Forde
04/01/2021 // 4875 SHERWOOD ST BATON ROUGE LA 70805
  • Type: Occupancy
  • Description: Create customs designs and paintings
  • Owner: Lamonte Lewis
04/01/2021 // 10335 AIRLINE HWY BATON ROUGE LA 70816
  • Type: Commercial: New
  • Description: NEW CONSTRUCTION OF ONE STORY BUILDING RESTAURANT (2415 S.F.), WITH DRIVE-THRU, AWNINGS, DUMPSTER ENCLOSURE AND PARKING LOT WITH DRIVE-THRU
  • Owner: David Weinstein
04/01/2021 // 7569 JEFFERSON HWY BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Nail salon
  • Owner: Anna Nguyen
04/01/2021 // 3131 RILEY ST BATON ROUGE LA 70805
  • Type: Occupancy
  • Description: Need to turn Electric on existing apartment
  • Owner: Collis Temple
04/01/2021 // 3520 YAUN DR BATON ROUGE LA 70805
  • Type: Occupancy
  • Description: Need lights
  • Owner: Joshua Davis
04/01/2021 // 8775 STE D JEFFERSON HWY BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Retail space – Baby Boutique & ultrasounds.
  • Owner: Micah Dugas
04/01/2021 // 9992 STE B S CHOCTAW DR BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Product storage and retail sales
  • Owner: KEITH & MYRA SHARON
04/01/2021 // 7922 Summa Ave Baton Rouge LA
  • Type: Occupancy
  • Description: Law office and title company.
  • Owner: Deborah Berthelot
03/31/2021 // 4619 BENNINGTON AVE BATON ROUGE LA 70808
  • Type: Occupancy: Clean
  • Description: Clean and show by owner.
  • Owner: Regi Mullins
03/31/2021 // 668 MAIN ST BATON ROUGE LA 70801
  • Type: Commercial: Remodel
  • Description: Remodel of 1,460 s.f. space, combining two previous suite spaces (1/2 formerly a bar, 1/2 formerly Business use), for new restaurant, bar lounge, A-2 use. including new open air deck on 2nd story with seating for 28 persons to total: 2,888 s.f. With new canopy structure on street facades. Includes renovations of existing bldg. shoring, and temporary re-framing/stabilization due to apparent termite damage, as indicated in previous permit 94452.
  • Owner: Cornelius Quarels
03/31/2021 // 16198 STRAIN RD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Storage
  • Owner: William Smith
03/31/2021 // 10889 STE C PERKINS RD Baton Rouge LA 70810
  • Type: Occupancy
  • Description: Waxing and skincare business.
  • Owner: courtney Crowder
03/31/2021 // 18759 SANCTUARY AVE BATON ROUGE LA 70816
  • Type: Electrical
  • Description: ELECTRIC ONLY PERMIT FOR FLOATING LAKE FOUNTAIN. NO BUILDING OR STRUCTURE
  • Owner: CORBIN Ladner
03/31/2021 // 18143 PERKINS RD E BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: New tenant/restaurant in existing restaurant space.
  • Owner: Jeff Conaway
03/31/2021 // 8313 O’HARA CT BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Real estate
  • Owner: RaHarold Lawson
03/31/2021 // 1688 WOODDALE BLVD BATON ROUGE LA 70806
  • Type: Commercial: Remodel
  • Description: Renovation of existing 7,138 s.f. building to cut open CMU wall to install new rollup door, with new exterior landing. Also install chain link gates at warehouse opening.
  • Owner: Harold Petit
03/31/2021 // 18648 SANCTUARY AVE BATON ROUGE LA 70816
  • Type: Electrical
  • Description: ELECTRIC SERVICE FOR FLOATING LAKE FOUNTAIN. NO BUILDING OR STRUCTURE
  • Owner: CORBIN LADNER
03/31/2021 // 1500 LOBDELL AVE BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: New tenant in existing office space – general office .
  • Owner: N/A
03/31/2021 // 501 GARDERE LN BATON ROUGE LA 70810
  • Type: Commercial: New
  • Description: New construction of 93,500 s.f. 4-story, sprinklered apartment building for senior living, with firewall to create two buildings, and parking/site work to serve, with 99 apartments. THIS permit is for Bldg. B of 41,656 s.f. for R-1 occupancy, with 44 apartments, and community & exercise rooms. SEE 104300 for UPLOADED DRAWINGS and associated documents
  • Owner: JIM DANIELS
03/31/2021 // 18732 SANCTUARY AVE BATON ROUGE LA 70816
  • Type: Electrical
  • Description: ELECTRIC ONLY PERMIT FOR FLOATING LAKE FOUNTAIN. NO BUILDING OR STRUCTURE
  • Owner: CORBIN LADNER
03/31/2021 // 989 THOMAS RD BATON ROUGE LA 70807
  • Type: Occupancy: Clean
  • Description: clean and show
  • Owner: Suzanne Bourgeois
03/31/2021 // 1552 N 29TH ST BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: Brick beige duplex right hand side
  • Owner: Rose Mary Comena
03/31/2021 // 18612 SANCTUARY AVE BATON ROUGE LA 70816
  • Type: Electrical
  • Description: ELECTRIC ONLY PERMIT FOR FLOATING LAKE FOUNTAIN. NO BUILDING OR STRUCTURE.
  • Owner: CORBIN LADNER
03/31/2021 // 18635 SANCTUARY AVE BATON ROUGE LA 70816
  • Type: Electrical
  • Description: ELECTRIC ONLY PERMIT FOR FLOATING LAKE FOUNTAIN. NO BUILDING OR STRUCTURE
  • Owner: CORBIN LADNER
03/31/2021 // 501 GARDERE LN BATON ROUGE LA 70810
  • Type: Commercial: New
  • Description: New construction of 93,500 s.f. 4-story, sprinklered apartment, R-1, building for senior living, with firewall to create 2 buildings, and parking/site work to serve, total of 99 apartments. THIS permit is New construction of Bldg. A of 51,844 s.f. for R-1 occupancy, & landscaping/site work-w/detention pond to serve, with 55 apartments. elevator, trash, recycling, maintenance & wellness rooms.
  • Owner: JIM DANIELS
03/31/2021 // 3030 PERKINS RD BATON ROUGE LA 70808
  • Type: Commercial: Remodel
  • Description: Change of occupancy use and renovation from an existing 1,155 s.f convenience store into a new BBQ Restaurant. Scope of work also includes an 1145 s.f covered patio for dining and 270 s.f patio cover for smoker area.
  • Owner: J Manoco
03/31/2021 // 989 THOMAS RD BATON ROUGE LA 70807
  • Type: Occupancy: Clean
  • Description: clean and show
  • Owner: Suzanne Bourgeois
03/31/2021 // 2852 Yazoo St. Baton Rouge LA
  • Type: Electrical
  • Description: Rebuilt service on billboard sign.
  • Owner: N/A
03/31/2021 // 11940 STE 5 INDUSTRIPLEX BLVD BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: New tenant in existing office/warehouse. Office and storage for a moving company.
  • Owner: Ryan Mcarthur
03/30/2021 // 10235 JEFFERSON HWY BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Office Space/Financial Services
  • Owner: Gregory Ricks
03/30/2021 // 133 LEE DR BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: bar/tavern
  • Owner: N/A
03/30/2021 // 11127 MURIEL AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Skin related services (hair removal/skincare)
  • Owner: Sidney Coxe
03/30/2021 // 11888 LONGRIDGE AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: replace meter on apartment
  • Owner: N/A
03/30/2021 // 5222 HOLLYWOOD ST BATON ROUGE LA 70805
  • Type: Electrical
  • Description: EMERGENCY. REPLACE METER BANK FOR UNITS 173, 174, 175, 176
  • Owner: N/A
03/30/2021 // 1185 LONGWOOD DR BATON ROUGE LA 70806
  • Type: Electrical
  • Description: Replace riser, weather head, and line side wiring within riser due to storm damage.
  • Owner: David Van Gelder
03/30/2021 // 5637 STE B1 SUPERIOR DR BATON ROUGE LA 70816
  • Type: Commercial: Change in Occupancy
  • Description: Renovation and combination of Suites B1 and B2 previous office use to Hair Salon to total 1300 s.f. Adding shampoo bowl and gfci outlet only.
  • Owner: Anita Patel
03/30/2021 // 7620 STE E CORPORATE BLVD BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Existing nail shop.
  • Owner: phillip truong
03/30/2021 // 11606 SOUTHFORK AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Office Space
  • Owner: Richard Hedley
03/30/2021 // 5637 STE B6 SUPERIOR DR BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: New tenant in existing office space. Clerical office.
  • Owner: Lameika Washington
03/30/2021 // 521 3RD ST BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: I was told by Entergy that due to our space being empty for over 6 months, we would need to acquire a permit to have the electricity turned back on.
  • Owner: Dillon Farrell
03/30/2021 // 201 COMMUNITY COLLEGE DR BATON ROUGE LA 70806
  • Type: Demolition
  • Description: Demolition of a one story commercial building
  • Owner: Anthony Brown
03/30/2021 // 6555 STE 5 SIEGEN LN BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Bar/tavern – Daquiris shop.
  • Owner: N/A
03/30/2021 // 3404 DRUSILLA LN BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Bar/tavern – Daquiris shop.
  • Owner: N/A
03/30/2021 // 730 COLONIAL DR BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Non-profit office
  • Owner: Patzy Roby Schwing
03/30/2021 // 2927 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816
  • Type: Occupancy: Clean
  • Description: Clean and show for existing bank building.
  • Owner: N/A
03/30/2021 // 11959 STE A BRICKSOME AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Massage and wax parlor.
  • Owner: Farrah Johnson
03/30/2021 // 2679 HIGHLAND RD BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: Alcohol Zoning Confirming Letter
  • Owner: Myron Lawrence
03/30/2021 // 4388 AIRLINE HWY BATON ROUGE LA 70805
  • Type: Occupancy: Clean
  • Description: Clean & show for mercantile space.
  • Owner: N/A
03/29/2021 // 10952 DARRYL DR BATON ROUGE LA 70815
  • Type: Commercial: New
  • Description: New construction of apartment complex with 14 apartment buildings with 280 units to total 366,851 s.f. and clubhouse bldg., pool & pool house bldg. and site work/parking/landscape to serve. (Replacing the former 300 unit Brandywine Apartments) THIS permit is for bldg. 1: 3 stories, of 19,169 s.f. with 12 units. (SP 14-19)
  • Owner: James Fisher
03/29/2021 // 12444 FLORIDA BLVD BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Clean and show for retail space.
  • Owner: Jared Brown
03/29/2021 // 2060 N HARCO DR BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Existing tenant getting power turned back on for storage warehouse.
  • Owner: Gregory Baldwin
03/29/2021 // 3121 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816
  • Type: Commercial: Remodel
  • Description: Interior renovation of waiting, conference, and work rooms portion of existing 2.951 s.f.bank building for continued Business use.
  • Owner: Steven Hornbuckle
03/29/2021 // 1220 O’NEAL LN BATON ROUGE LA 70816
  • Type: Commercial: Remodel
  • Description: Interior renovation of 1200s.f. building for Coffee and Tea Nutrition Shop
  • Owner: Anh Tran
03/29/2021 // 4520 STE 108 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816
  • Type: Commercial: Change in Occupancy
  • Description: Remodel and change of occupancy of 1,000 s.f. tenant space 108 from mail service business to Ice cream and smoothie sales. Ice cream is prepackaged.
  • Owner: N/A
03/29/2021 // 16198 STRAIN RD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Storage space.
  • Owner: William Smith
03/29/2021 // 2736 STE E O’NEAL LN BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: flooring store/warehouse
  • Owner: paul nigro
Elifin Realty
marketing@elifinrealty.com
No Comments

Post A Comment