The Pulse LFT: Charter school developer purchases 15.9+ acres

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

Commercial Sales Recorded Last Week

Parcel 2B East Bluebird Dr, Lafayette, LA 70508
Parcel 2B East Bluebird Dr, Lafayette, LA 70508

Type: Land
Price: $4,000,000 ($4.82 / Land SF)
Buyer: DB CAMELLIA LAND LLC
Elifin’s Notes: DB Camellia Land LLC, a Baton Rouge-based entity, purchases 19.049 acres of vacant commercial land out of a larger land parcel at the terminus of East Bluebird Drive off of Camellia Boulevard

15.956 Acres Acadian Hills Lane, Lafayette, LA 70507
15.956 Acres Acadian Hills Lane, Lafayette, LA 70507

Type: Land
Price: $2,085,130 ($3.00 / Land SF)
Buyer: RED APPLE AT LAFAYETTE MS LLC
Elifin’s Notes: Red Apple Development, the owner/developer of Lafayette Renaissance Charter High School, purchases the neighboring 15.9+ acres of vacant land along Acadiana Hills Lane

167 Industrial Pkwy, Lafayette, LA 70508
167 Industrial Pkwy, Lafayette, LA 70508

Type: Industrial
Price: $850,000 ($64.39 / SF)
Buyer: TOUCAN GAMING LLC
Elifin’s Notes: Toucan Gaming LLC purchases an industrial flex property which neighbors their property purchased earlier this year; located between West Pinhook Road and South College Road on Industrial Parkway

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

902, 910, 912, 914 Coolidge St, Lafayette, LA 70503
902, 910, 912, 914 Coolidge St, Lafayette, LA 70503

Type: Retail
Price: Withheld
Buyer: OLC HOLDINGS LLC
Elifin’s Notes: An Oil Center multi-unit retail property sells on Coolidge 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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