12 Jun The Pulse LFT: City of Scott purchases 21 acres
A weekly update on the commercial real estate landscape of Lafayette.
Commercial Sales Recorded Last Week
2807 Bonin Rd
Type: Land
Price: $1,943,680 ($3.67 / Land SF)
Buyer: BONIN DEVELOPMENT LLC
Elifin’s Notes: Lafayette based entity purchases a 12+ acre parcel of land, a portion of a larger pre-existing parcel, on Bonin Road in Youngsville
605 Mills St
Type: Land
Price: $835,000 ($0.89 / Land SF)
Buyer: SCOTT CITY OF
Elifin’s Notes: The City of Scott purchases 21+ acres of land, including a single family residence on the property, adjacent to Scott Park
1600 Camellia Blvd, Bldg E
Type: Office
Price: $772,415 ($145.74 / SF)
Buyer: PVS INVESTMENTS LLC
Elifin’s Notes: New Orleans-based entity sells to a Baton Rouge-based investor purchases an office condimium property, currently under construction, in the new Camellia Ponds Office Park
707 Mills St
Type: Land
Price: $760,000 ($1.04 / Land SF)
Buyer: SCOTT CITY OF
Elifin’s Notes: The City of Scott purchases 16+ acres of land, with an existing single family residence on the property, adjacent to the other property purchased by the City this past week adjacent to Scott Park
205 Zachary Dr
Type: Industrial
Price: $472,500 ($30.88 / SF)
Buyer: HAMCO VENTURES LLC
Elifin’s Notes: Local investors purchase an industrial property in Scott
1605 W Willow St
Type: Industrial
Price: $315,000 ($128.57 / SF)
Buyer: INDUSTRIAL COMMERCIAL EQUIPMENT RENTALS LLC
Elifin’s Notes: Bourg, Louisiana-based entity purchases an industrial property on West Willow Street near Debaillon Park
101 1st St
Type: Retail
Price: $180,000 ($64.56 / SF)
Buyer: CHRISTINA LEARNING CENTER LLC
Elifin’s Notes: Local-entity purchases a retail property at the corner of 1st Street and North A Street in Duson
303 E Main St
Type: Retail
Price: $100,000 ($43.48 / SF)
Buyer: BLANCHARD, BRIGGS; BLANCHARD, SHELBY; LANDRY, MICHAEL JAMES JR; LANDRY, MEGAN MELISSA
Elifin’s Notes: Jud’s (Traditional) Barber Shop property along East Main Street in Broussard sells to a group of local individual investors
201 Duhon Rd
Type: Land
Price: Withheld
Buyer: B2 INVESTMENTS DUHON LLC
Elifin’s Notes: Baton Rouge-based investors purchase 22+ acres of vacant land near the intersection of Duhon Road and Johnston Street
Commercial Permits Issued Last Week
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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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