The Pulse LFT: 36+ acres near Verot School Rd sell for 2.9mm

22 Jan The Pulse LFT: 36+ acres near Verot School Rd sell for 2.9mm

Posted at 09:50h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

Parcels 1, 2 E Bluebird Dr, Lafayette, LA 70508

Type: Land
Price: $2,952,000 ($1.85 / Land SF)
Buyer: CAMELLIA VENTURE LLC
Elifin’s Notes: Camellia Venture LLC purchases two adjacent parcels, Parcel 1 (8+ acres) and Parcel 2 (28+ acres), of vacant land within a larger parcel where E Bluebird Dr dead-ends near the intersection of Camellia Blvd and Verot School Rd

Parcel 1 E Bluebird Dr, Lafayette, LA 70508

Type: Land
Price: $1,473,920 ($4.19 / Land SF)
Buyer: PBP VEROT LLC
Elifin’s Notes: PBP Verot LLC purchases the vacant land known as Parcel 1, 8+ acres within a larger parcel where E Bluebird Dr dead-ends near the intersection of Camellia Blvd and Verot School Rd, from Camellia Venture LLC which purchased it in a prior transaction.

2480 Youngsville Hwy, Youngsville, LA 70592

Type: Mixed-Use
Price: $892,325 ($178.46 / SF)
Buyer: MC BANK & TRUST CO
Elifin’s Notes: MC Bank & Trust purchases the mixed-use building they occupy along Youngsville Highway

165A Industrial Pkwy, Lafayette, LA 70508

Type: Industrial
Price: $500,000 ($58.82 / SF)
Buyer: TOUCAN GAMING LLC
Elifin’s Notes: Toucan Gaming LLC purchases an industrial property between West Pinhook Road and South College Road on Industrial Parkway

230 Jared Dr, Broussard, LA 70518

Type: Industrial
Price: $475,000 ($118.75 / SF)
Buyer: VITAL INVESTMENTS LLC
Elifin’s Notes: The leadership behind Vital Integrators, a local security focused IT company, purchase an industrial warehouse/office property on Jared Drive in Broussard

3300BLK Verot School Rd, Lafayette, LA 70508

Type: Land
Price: $300,000 ($1.07 / Land SF)
Buyer: SNG TRADINGS LLC
Elifin’s Notes: A group of investors purchase 6.4+ acres of land on Verot School Road near Milton

319, 321, 323 Rue De Commerce, Lafayette, LA 70508

Type: Land
Price: $183,410 ($4.55 / Land SF)
Buyer: DESIGNER PROPERTIES LLC
Elifin’s Notes: A pair of local investors purchase 0.9+ acres of vacant commercial land near the intersection of East Kaliste Saloom Road and South College Road

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
2847 North West Evangeline Thruway	Addition / Alteration / Repair (C) 27604	VERIZON 5G L-SUB6 – CARRIER ADD – Remove and install antennas, radios, hybrid cable on existing cell tower	[O] Crown Castle [C] MASTEC NETWORK SOLUTIONS, LLC
536 SETTLERS TRACE BLVD	Sign – Freestanding (C) 14971.5	2 Monument signs. One at main entrance and one at dog park entrance.	[O] N/A [C] N/A
4701 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign (C) 10000	N/A	[O] N/A [C] AAA Signs, L.L.C., John Brent Comeaux
139 TISSINGTON ST	Addition / Alteration / Repair (C) 0	75′-0″ x 100′-0″ metal building/ awning. No full walls, area mainly to be used for dropping off/ holding sacks of crawfish.	[O] N/A [C] N/A
2813A Johnston Street	Addition / Alteration / Repair (C) 0	Shell renovation for future Business occupancy (small restaurant)	[O] Landry Properties, Landry David [C] N/A
3535 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) 0	Restaurant inside renovation	[O] N/A [C] N/A
1003 CAMELLIA BLVD	Addition / Alteration / Repair (C) 0	Create 2 openings between the 2 office spaces to make 1 office.	[O] N/A [C] N/A
301 MEADOW FARM RD	Addition / Alteration / Repair (C) 0	10×20 Tuff Shed used for storage, no utilities in shed	[O] N/A [C] N/A
4419 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) 0	ALTERATION OF EXISTING TENANT RETAIL SPACE AT GROUND FLOOR OF OPEN MALL, INCLUDING MECHANICAL, ELECTRICAL, PLUMBING AND STRUCTURAL. SPRINKLER AND FIRE ALARM SYSTEMS TO BE MODIFIED FOR NEW LAYOUT AND TO BE FILED SEPARATELY. SIGNAGE TO BE FILED SEPARATELY.	[O] N/A [C] N/A
144 E Cypress ST	Commercial New Construction 0	New construction food truck park with covered seating area and bathroom structure.	[O] N/A [C] N/A
5530 AMBASSADOR CAFFERY PKWY	Commercial New Construction 0	Develop site and build proposed facility as set forth in plans and details.	[O] N/A [C] N/A
257 JOHN WAYNE DR	Electrical Standalone (C) 0	Replace 200A overhead service	[O] N/A [C] N/A
211 REPUBLIC AVE	Electrical Standalone (C) 0	Apartment building Apt 225 GENERAL	[O] N/A [C] N/A
220 OAKLAWN AVE	Electrical Standalone (C) 0	Electrical Panel Change APT 2	[O] N/A [C] N/A
601 KALISTE SALOOM RD	Electrical Standalone (C) 0	This building is a office space that will be used for storage. We have other units in this commercial strip mall. Suite F	[O] N/A [C] N/A
5700 JOHNSTON ST	Electrical Standalone (C) 0	Suite 1130 Vacant Space Lockbox code is 3060. Since the power has been off for more than 6 months, LUS requires an electricial inspection	[O] N/A [C] N/A
221 VEROT SCHOOL RD	Electrical Standalone (C) 0	ADDING A SERV LUS IS APPROVED	[O] N/A [C] N/A
110 FREM BOUSTANY DR	New Apartments (C) 0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] N/A [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) 0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] N/A [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) 0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] N/A [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) 0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] N/A [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) 0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] N/A [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) 0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] N/A [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) 0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] N/A [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) 0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] N/A [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) 0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] N/A [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) 0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] N/A [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) 0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] N/A [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) 0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] N/A [C] BLOCK BUILDERS LLC
201 JEFFERSON ST	Plumbing Standalone (C) 0	GAS TEST	[O] N/A [C] HARGRAVE’S PLUMBING LLC, TRAVIS HARGRAVE
1600 CAMELLIA BLVD	Sign – Freestanding (C) 0	N/A	[O] N/A [C] N/A
1600 CAMELLIA BLVD	Sign – Wall Sign (C) 0	Wall Sign	[O] N/A [C] N/A
1600 CAMELLIA BLVD	Sign – Wall Sign (C) 0	N/A	[O] N/A [C] N/A

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.

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