The Pulse LFT: 1.8-acre parcel near Whole Foods sells for 1 million

A weekly update on the commercial real estate landscape of Lafayette.

Commercial Sales Recorded Last Week

206, 208, 300 Bon Crest Ave
205, 209, 213 Burgess Dr
3900 Hwy 90 E, Broussard, LA 70518
206, 208, 300 Bon Crest Ave
205, 209, 213 Burgess Dr
3900 Hwy 90 E, Broussard, LA 70518

Type: Industrial
Price: $6,700,000 ($197.57 / SF)
Buyer: K SOLV BROUSSARD LLC
Elifin’s Notes: A Texas-based entity purchases a collection of industrial buildings and land parcels off of Highway 90 in Broussard.

538 Settlers Trace Blvd, Lafayette, LA 70508
538 Settlers Trace Blvd, Lafayette, LA 70508

Type: Land
Price: $1,089,000 ($13.66 / Land SF)
Buyer: JD BANK
Elifin’s Notes: A 1.8+acre parcel of vacant commercial land sells on Settlers Trace Boulevard adjacent to Whole Foods Market.

2627 Mills St, Lafayette, LA 70507
2627 Mills St, Lafayette, LA 70507

Type: Retail
Price: $750,000 ($184.18 / SF)
Buyer: SOUTHSIDE LA LLC
Elifin’s Notes: Southside LA, LLC acquires a convenience store at the hard corner of Mills Street and Rue Scholastique.

751 Albertson Pkwy, Broussard, LA 70518
751 Albertson Pkwy, Broussard, LA 70518

Type: Land
Price: $475,000 ($8.45 / Land SF)
Buyer: FIRST NATIONAL BANK OF JEANERETTE THE
Elifin’s Notes: The First National Bank of Jeanerette acquires a 1.2+ acre parcel of commercial land at the corner of Albertson Parkway and South Morgan Avenue.

3612 Verot School Rd, Youngsville, LA 70592
3612 Verot School Rd, Youngsville, LA 70592

Type: Land
Price: $360,000 ($1.97 / Land SF)
Buyer: SAIA, RUSSELL R III
Elifin’s Notes: A 4.2 acre parcel of commercial land sells along Verot School Road.

2006 Johnston St, Lafayette, LA 70503
2006 Johnston St, Lafayette, LA 70503

Type: Industrial
Price: $250,000 ($51.65 / SF)
Buyer: THE KASTURI CHILDREN’S TRUST
Elifin’s Notes: An industrial-flex property trades on Johnston Street near UL’s campus.

340 St Esprit Rd, Carencro, LA 70520
340 St Esprit Rd, Carencro, LA 70520

Type: Land
Price: $148,000 ($0.16 / Land SF)
Buyer: SE RENTALS 1 LLC
Elifin’s Notes: A 21.1+ acre parcel of vacant land sells on Saint Esprit Road.


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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