The Pulse LFT: 23+ Acres sell to Baton Rouge-based entity

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

Commercial Sales Recorded Last Week

Tract 5-B-2 Fortune Road, Youngsville, LA 70592
Tract 5-B-2 Fortune Road, Youngsville, LA 70592

Type: Land
Price: $1,025,000 ($1.01 / Land SF)
Buyer: 9191 VENTURES LLC
Elifin’s Notes: A Baton Rouge-based entity purchases 23+ acres of vacant land at the intersection of Fortune Road and the Youngsville Highway

801 West University Avenue, Lafayette, LA 70506
801 West University Avenue, Lafayette, LA 70506

Type: Retail
Price: $412,000 ($43.35 / SF)
Buyer: CASTLE ROW LLC
Elifin’s Notes: A multi-tenant retail strip center changes hands across West University Avenue from Saint John’s Cemetery

Lots M-1-C, M-1-D Sandstone Ave, Scott, LA 70583
Lots M-1-C, M-1-D Sandstone Ave, Scott, LA 70583

Type: Land
Price: $250,000 ($25.63 / Land SF)
Buyer: JL WEST VILLAGE LLC
Elifin’s Notes: Local investor purchases two non-adjacent vacant land parcels, 0.15+ and 0.06+ acres respectively, within a larger existing parcel along Sandstone Avenue in Scott’s West Village area


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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