The Pulse LFT: 8 acres sold on Ambassador Caffery

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

Commercial Sales Recorded Last Week

600 Blk Ambassador Caffery Pkwy, Lafayette, LA 70583
600 Blk Ambassador Caffery Pkwy, Lafayette, LA 70583

Type: Land
Price: $1,250,000 ($3.57 / Land SF)
Buyer: LAFAYETTE 600 AMBASSADOR CAFFERY LLC
Elifin’s Notes: An 8+ acre parcel of land sells on Ambassador Caffery Parkway in Scott.

606, 618 N University Ave, Lafayette, LA 70506
606, 618 N University Ave, Lafayette, LA 70506

Type: Industrial
Price: $700,000 ($34.68 / SF)
Buyer: RITE PROPERTIES LLC
Elifin’s Notes: A showroom with warehouse property sells on North University Avenue.

2441 W Congress St, Lafayette, LA 70506
2441 W Congress St, Lafayette, LA 70506

Type: Retail
Price: $311,000 ($127.67 / SF)
Buyer: AZAAN INVESTMENT USA LLC
Elifin’s Notes: A Texas-based investment company purchases a grocery store property occupied by Bismillah Groceries and Kitchen on West Congress Street.

409 Industrial Pkwy, Lafayette, LA 70508
409 Industrial Pkwy, Lafayette, LA 70508

Type: Industrial
Price: $235,000 ($86.37 / SF)
Buyer: TRL PROPERTIES LLC
Elifin’s Notes: An industrial property sells on Industrial Parkway.

114 Salsman St, Lafayette, LA 70506
114 Salsman St, Lafayette, LA 70506

Type: Industrial
Price: $148,500 ($46.41 / SF)
Buyer: ROCKFISH INDUSTRIAL LLC
Elifin’s Notes: An industrial property with office and warehouse space sells on Salsman Street.


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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