The Pulse LFT: City of Lafayette purchases two-story office building

21 Aug The Pulse LFT: City of Lafayette purchases two-story office building

Posted at 08:46h 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

4010 W Congress St

Type: Office
Price: $1,450,000 ($68.36 / SF)
Buyer: LAF-CITY
Elifin’s Notes: The City of Lafayette purchases the two-story, 12-unit, office building near the corner of West Congress and Guilbeau Road

2751 W Willow St

Type: Industrial
Price: $450,000 ($60.00 / SF)
Buyer: SOUTHERN ADVANCE PROCESS SOLUTIONS LLC
Elifin’s Notes: Carencro-based investors purchase a two-story industrial building property in Scott

1720 Kaliste Saloom Rd, Units C-6 & C-7

Type: Office
Price: $285,000 ($142.50 / SF)
Buyer: 1720 KALISTE SALOOM RD STE C LLC
Elifin’s Notes: Two office condominium units sell within the Le Carre Condo Suites along Kaliste Saloom

1229 Hugh Wallis Rd S

Type: Land
Price: $285,000 ($2.50 / Land SF)
Buyer: ANGELLE PROPERTIES LLC
Elifin’s Notes: Angelle Properties LLC purchases a neighboring vacant parcel of land to their existing holdings in the area along Hugh Wallis South near the Airport

108 Business Park Drive #5

Type: Land
Price: $178,500 ($6.83 / Land SF)
Buyer: ARBOR & COMPANY PROPERTIES LLC
Elifin’s Notes: Scott-based investor purchases a 0.6 acre parcel of vacant commercial land within a new business park along Verot School Road

2400 S College Rd

Type: Land
Price: $135,000 ($4.56 / Land SF)
Buyer: A&A PROPERTY HOLDINGS LLC; ANDRIES, CONNOR
Elifin’s Notes: Investor purchases a 0.6+ acre parcel of land along South College Road

116 Fenetre Rd

Type: Multifamily
Price: $125,000 ($15,625 / Unit)
Buyer: MATSON PROPERTIES LLC
Elifin’s Notes: Investor purchases an 8-unit Mobile Home Park in Scott

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
917 S BUCHANAN ST	Demo (C) $20,000.00	OFFICE BUILDING	[O] N/A [C] JARED RICHARD CONSTRUCTION, LLC, JARED RICHARD
1620 N UNIVERSITY AVE	Sign – Wall Sign (C) $20,000.00	N/A	[O] N/A [C] BASS CUSTOM SIGNS LLC, DAVID SONNIER
5750 JOHNSTON ST	Addition / Alteration / Repair (C) $0.00	Tenant Finishout	[O] N/A [C] NCM Contractors, Inc.
811 LAFAYETTE ST	Addition / Alteration / Repair (C) $0.00	Renovation of existing building and site	[O] N/A [C] N/A
100 LEON DR	Addition / Alteration / Repair (C) $0.00	New Pavilion at Existing elementary School	[O] N/A [C] N/A
610 E BUTCHER SWITCH RD	Addition / Alteration / Repair (C) $0.00	New Pavilion at Existing elementary campus on existing slab.	[O] N/A [C] N/A
438 E PONT DES MOUTON RD	Addition / Alteration / Repair (C) $0.00	EXISTING PROPERTY WITH A SLAB, A NEW PRE-ENGINEERED BUILDING WILL BE BROUGHT ON SITE AND A SCREENED BOILING PATIO SHALL BE ADDED ALONG WITH REQUIRED SITE FEATURES.	[O] N/A [C] N/A
710 HUVAL ST	Addition / Alteration / Repair (C) $0.00	N/A	[O] N/A [C] N/A
2502 JOHNSTON ST	Addition / Alteration / Repair (C) $0.00	remove old broken up paving and repave/strip while repairing subsurface in some areas	[O] N/A [C] N/A
1921 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $0.00	tenant renovation/build out of existing space. IIB construction.	[O] N/A [C] N/A
1720 E MILTON AVE	Addition / Alteration / Repair (C) $0.00	Storage of personal property via customers.	[O] N/A [C] N/A
4533 JOHNSTON ST #200	Addition / Alteration / Repair (C) $0.00	Tenant improvement – 1st tenant in newly constructed building shell in Landlord designated Building A, Suite 200. Work includes interior partitions, doors, finishes, millwork, electrical, plumbing and HVAC work.	[O] N/A [C] N/A
Anderson Road	Addition / Alteration / Repair (C) $0.00	Columbia Gulf Transmission, LLC is proposing to access their existing pipeline rights-of-way (ROW) to perform an integrity dig inspection and repair along their East Lateral Line 200 pipeline (natural gas transmission pipeline). The access road leading to their existing ROW is off Anderson Road and is an existing agricultural two-track road. The proposed workspace within their ROW is approximately 100’L x 75’W with a proposed excavation size of 20’L x 15’W; this dig will be on the edge of a crop field that will likely be sugar cane. The existing grade will not change (i.e., the site will be returned to preconstruction contours and elevations), no new impervious surfaces or structures will be created/installed, and no additional fill will occur within the FEMA floodplain.	[O] N/A [C] N/A
215 A Laser Lane	Addition / Alteration / Repair (C) $0.00	Earthwork and drainage improvements for Moore Park soccer fields	[O] Lafayette Consolidated Govt. Dept. of Public Works, Callie Benton [C] N/A
2000 W PINHOOK RD	Commercial New Construction $0.00	NEW COMMERCIAL- Amended address 2000 W Pinhook Rd Bldg 2	[O] N/A [C] N/A
104 Westwood Dr	Electrical Standalone (C) $0.00	Change out electrical panel in apt.#359, Building #26	[O] Bayou Shadows [C] N/A
104 Westwood Dr	Electrical Standalone (C) $0.00	Change out electrical panel in apt.#361, Building #26	[O] Bayou Shadows [C] N/A
220 Wilkie St	Electrical Standalone (C) $0.00	Change out electrical panel in apt.#860, Building #17	[O] Bayou Shadows [C] N/A
104 Westwood Dtr. Apt.#448, Building #25	Electrical Standalone (C) $0.00	Change out electrical panel in apt.#448, Building #25	[O] Bayou Shadows [C] N/A
102 Westwood Dr	Electrical Standalone (C) $0.00	Change out electrical panel in apt.#405, Building #28	[O] Bayou Shadows [C] N/A
102 perth place	Electrical Standalone (C) $0.00	new service for common area, site lights, gate,& retention pond	[O] Townhomes At Marblehead [C] N/A
1400 CAMELLIA BLVD	Electrical Standalone (C) $0.00	Service for House panel near The Chimes	[O] N/A [C] N/A
1144 COOLIDGE ST #C	Electrical Standalone (C) $0.00	Currently vacant	[O] N/A [C] N/A
114 W VERMILION ST	Electrical Standalone (C) $0.00	UPGRADE SERVICE	[O] N/A [C] N/A
200 MERCHANTS BLVD	Electrical Standalone (C) $0.00	Replaced subpanel in apartment 128	[O] N/A [C] N/A
200 MERCHANTS BLVD	Electrical Standalone (C) $0.00	Replaced subpanel in apartment 127	[O] N/A [C] N/A
200 MERCHANTS BLVD	Electrical Standalone (C) $0.00	Replaced subpanel in apartment 229	[O] N/A [C] N/A
2801 JOHNSTON ST	Plumbing Standalone (C) $0.00	Fix gas leak	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
811 FOREMAN DR	Plumbing Standalone (C) $0.00	GAS TEST	[O] N/A [C] N/A
900 W SIMCOE ST	Plumbing Standalone (C) $0.00	N/A	[O] CSV GROCERY & LIQUOR [C] JAMIE GUIDRY PLUMBING LLC, JAMIE GUIDRY PLUMBING LLC
202 RUE IBERVILLE	Plumbing Standalone (C) $0.00	install new backflow preventer	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
1911 W CONGRESS ST	Plumbing Standalone (C) $0.00	BACKFLOW PREVENTER	[O] N/A [C] N/A
531 BERTRAND DR	Plumbing Standalone (C) $0.00	Backlow installation on containment. Water Meter #: W1217793 NEED ADDRESS TO BE VERIFIED-PLUMBING CONTRACTOR SAID LUS HAS THIS ADDRESS. Serial #: ABS2594 Located behind back of suite outside.	[O] N/A [C] ACADIANA PLUMBING SERVICE LLC, DUSTIN R AUCOIN
2429 W CONGRESS ST	Plumbing Standalone (C) $0.00	Backlow installation on containment. Water Meter #: W1210964 Serial #: 230147 Located behind back of building between suite #I & #H.	[O] N/A [C] ACADIANA PLUMBING SERVICE LLC, DUSTIN R AUCOIN
713 BERTRAND DR	Plumbing Standalone (C) $0.00	Backlow installation on containment. Water Meter #: W1200795 Serial #: 230143 Located outside behind back of Snap Fitness suite.	[O] N/A [C] ACADIANA PLUMBING SERVICE LLC, DUSTIN R AUCOIN
3020 N University Ave	Sign – Wall Sign (C) $0.00	N/A	[O] N/A [C] N/A
555 RIDGE RD	Sign – Wall Sign (C) $0.00	N/A	[O] N/A [C] N/A
2502 S COLLEGE RD	Sign – Wall Sign (C) $0.00	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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