The Pulse LFT: City of Lafayette purchases Vermilion Conference Center

25 Mar The Pulse LFT: City of Lafayette purchases Vermilion Conference Center

Posted at 09:21h 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

5110 Johnston St, Lafayette, LA 70503

Type: Industrial
Price: $3,125,000 ($173.61 / SF)
Buyer: DOUG ASHY BUILDING MATERIALS INC
Elifin’s Notes: Doug Ashy Building Materials acquires a pair of commercial buildings on over 11 acres of land near their primary complex on Johnston Street

326 Gauthier Rd, Lafayette, LA 70501

Type: Office
Price: $1,510,000 ($52.75 / SF)
Buyer: LAF-CITY
Elifin’s Notes: The City of Lafayette purchases the Vermilion Conference Center (the former seat of the Lafayette Parish School Board)

701 East Pinhook Rd, Lafayette, LA 70501

Type: Specialty
Price: $1,350,000 ($24.28 / SF)
Buyer: GETHSEMANE CHURCH OF GOD IN CHRIST OF LAFAYETTE LOUISIANA
Elifin’s Notes: The Gethsemane Church purchases the nearly 12-acre property which they occupy near the intersection of East Pinhook Road and Southeast Evangeline Thruway

4906 Ambassador Caffery Pkwy, Lafayette, LA 70508

Type: Office
Price: $1,200,000 ($268.88 / SF)
Buyer: BDJ LAFAYETTE LLC
Elifin’s Notes: A Baton Rouge-based doctor purchases an office condominium unit, equipped with surgical / procedural buildout aspects, within the Cordoba medical office complex

615 Lafayette St, Youngsville, LA 70592

Type: Land
Price: $465,000 ($5.96 / Land SF)
Buyer: COOPER, KAREN RAGGETTE
Elifin’s Notes: Investor purchases 1.7+ acres of vacant land along Lafayette Street in Youngsville

102 William O Stutes St, Lafayette, LA 70506

Type: Retail
Price: $385,000 ($148.08 / SF)
Buyer: GPD VET GROUP LLC
Elifin’s Notes: The Orgeron Veterinary Hospital property sells to a local veterinary group; we are unsure what this heralds for Dr. David and his team, but we thank them for the work and kindness they have shown Lafayette’s pets for many years

101 Cheyenne Dr, Scott, LA 70583

Type: Retail
Price: $200,000 ($303.03 / SF)
Buyer: CRAWFISH HOLE OF LAFAYETTE LLC
Elifin’s Notes: The owner of The Crawfish Hole, a “fast-crawfish” provider in Carencro, purchases another location in Scott

300 Rue Beauregard, Lafayette, LA 70508

Type: Office
Price: $196,667 ($80.27 / SF)
Buyer: SOPRANO FAMILY PROPERTIES LLC; AEH HOLDINGS LLC
Elifin’s Notes: An office building changes hands on Rue Beauregard

0.89 acres Ambassador Caffery Pkwy, Lafayette, LA 70508

Type: Land
Price: $150,000 ($3.87 / Land SF)
Buyer: MOSING, WILLIAM BRADFORD
Elifin’s Notes: A local investor purchases 0.8+ acres of vacant land along Ambassador Caffery Parkway in Youngsville

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
100 TOWN CENTER PKWY	Sign – Wall Sign (C) 16005	N/A	[O] N/A [C] GULF SOUTH SIGNS, LLC, John Louis Gremillion
107-109 Meaux Blvd	Addition / Alteration / Repair (C) 0	Parking Lot Addition	[O] The Yard Goat , The Yard Goat [C] N/A
4419 AMBASSADOR CAFFERY PKWY, SUITE A	Addition / Alteration / Repair (C) 0	NEW NON-BEARING PARTITIONS, DOORS & FRAME, DUCTWORK, LIGHTING, FINISHES & MILLWORK. NEW DRINKING FOUNTAIN. NEW MOP SINK TO BE INSTALLED. NEW PLUMBING FIXTURES TO BE INSTALLED. EXISTING SPRINKLER SYSTEM TO BE MODIFIED. EXISTING STOREFRONT TO REMAIN	[O] GBT Realty Corporation, Tommy Stowel [C] N/A
315 LEE AVE	Addition / Alteration / Repair (C) 0	We would like to install a fence on the perimeter of our parking lot.	[O] N/A [C] N/A
350 MICHAEL ANN DR	Electrical Standalone (C) 0	Pole for cameras EXISTING POLE	[O] N/A [C] N/A
101 LA RUE ROUGE	Electrical Standalone (C) 0	CHANGE SERVICE ON WATER WELL SYSTEM	[O] N/A [C] N/A
314 MALAPART RD	Electrical Standalone (C) 0	Changing out the pole and service. LOT6	[O] N/A [C] N/A
311 WALL ST	Electrical Standalone (C) 0	Additional Three-phase Service added to building	[O] N/A [C] N/A
1312 E GLORIA SWITCH RD #A	Electrical Standalone (C) 0	ROAD CONSTRUCTION	[O] N/A [C] N/A
2201 KALISTE SALOOM RD	Electrical Standalone (C) 0	The permit is to turn on existing service for Suite 201 approximately 975 s.f. in a 2 story building total area of building =+/- 4000 s.f.	[O] N/A [C] N/A
94 KINGFISHER DR #A	Electrical Standalone (C) 0	60 amp service for Audubon Lakes Entrance Sign	[O] N/A [C] N/A
1304 BERTRAND DR	Electrical Standalone (C) 0	Will be used as an office/conference room SUITE A-4	[O] N/A [C] N/A
250 JOHN WAYNE DR	Electrical Standalone (C) 0	Replace service pole	[O] N/A [C] N/A
249 JOHN WAYNE DR	Electrical Standalone (C) 0	Replace service pole	[O] N/A [C] N/A
301 MCCORD DR	Electrical Standalone (C) 0	Sonoma Gardens Lift Station	[O] N/A [C] N/A
840 JENKINS RD #18	Electrical Standalone (C) 0	service feeder replacement for Lot 18 at 840 Jenkins Road. It’s a 200-amp service and we are boring from the mete/panel to the trailer panel and pulling underground feeders.	[O] N/A [C] N/A
300 Blk N. Domingue Ave	Floodplain Development (C) 0	N/A	[O] K O O L Partnership, Glynn Pierret [C] N/A
705 W UNIVERSITY AVE	Mechanical Standalone (C) 0	Changing out the data room unit	[O] N/A [C] CALCASIEU MECHANICAL CONTRACTORS INC, RAY BLANCHARD
709 KALISTE SALOOM RD	Plumbing Standalone (C) 0	Installed back flow	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
4701 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) 0	need boxes inspected for domestic meter for LUS to install meter and get water.	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
4701 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) 0	inspection for box for meter at Building C Unit 2	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
4701 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) 0	inspection for box for meter at Building C Unit 1	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
4701 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) 0	inspection for box for meter at Building D	[O] N/A [C] Preferred Plumbing & Mechanical LLC, Jacob Graham
4701 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) 0	inspection on box for meter at Building B Unit 4	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
4701 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) 0	inspection on box for meter at Building B Unit 3	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
4701 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) 0	inspection on boxes for meter at Building B Unit 2	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
4701 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) 0	inspection on boxes for meter at Building B Unit 1	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
4701 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) 0	Inspection on meter boxes so meter can be install and get water: Building A- Jet Coffee	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
2913 JOHNSTON ST	Plumbing Standalone (C) 0	Installing Backflow preventer.	[O] N/A [C] RONNIE FRISBY’S PLUMBING LLC, RONALD FRISBY
400 RUE SCHOLASTIQUE	Plumbing Standalone (C) 0	REPLACE BACKFLOW	[O] N/A [C] ALMOST THERE PLUMBING REPAIR, TERRY JENNINGS
4023 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) 0	Installed Back Flow	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
167 INDUSTRIAL PKWY	Plumbing Standalone (C) 0	BACKFLOW	[O] N/A [C] ALL AROUND PLUMBING & SERVICES, BLAINE MENARD
100 E VERMILION ST	Plumbing Standalone (C) 0	Backflow Preventer: 1/4″ to 2″ 975XL2 – located in mechanical room.	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
309 SAINT JULIEN AVE	Plumbing Standalone (C) 0	BACKFLOW PREVENTER	[O] N/A [C] BRANT’S PLUMBING, BRANT GOULAS

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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