Development company buys land on Verot School Rd

The March 4, 2024 issue covers eleven commercial sales recorded across Lafayette the previous week, totaling $7.12M in disclosed volume. The headline deal: MONTROSE DEVELOPMENT COMPANY LLC paid $3M ($3.36/Land SF) for 20.5+ acres of vacant land at the corner of Vincent Road and Verot School Road. Land, office and industrial properties each made up three of the eleven sales, including OC1 LLC's $954K purchase of the office property at Travis Street and Heymann Boulevard in the Oil Center and the former home of the Jim Camel Specialty Company in the Canebreak Commercial & Business Park, which sold for $295K.

By ELIFIN® Source: ELIFIN transaction database

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11Commercial sales recorded
$7.12MDisclosed volume (11 of 11 sales)
$3MLargest sale · 2880 Verot School Rd
3Land sales, the most active type

Commercial Sales Recorded Last Week 11 sales

2880 Verot School Rd, Lafayette, LA 70508

2880 Verot School Rd

  • Land
  • Lafayette

$3,000,000 $3.36 / Land SF

The Montrose Development Company purchases 20.5+ acres of vacant land at the corner of Vincent Road and Verot School Road

BuyerMONTROSE DEVELOPMENT COMPANY LLC

300 Heymann Blvd, 201 Travis St, Lafayette, LA 70503

300 Heymann Blvd, 201 Travis St

  • Office
  • Lafayette

$954,000 $90.40 / SF

Local commercial real estate investment company acquires the office property at the corner of Travis Street and Heymann Boulevard in the Oil Center

BuyerOC1 LLC

1200BLK East Broussard Rd, Lafayette, LA 70508

1200BLK East Broussard Rd

  • Land
  • Lafayette

$779,462 $8.49 / Land SF

Local entity purchases 2.1+ acres of vacant land at the corner of East Broussard and Vincent Road

BuyerBRUHATI 10 LLC

209 Rue Louis XIV, Lafayette, LA 70508

209 Rue Louis XIV

  • Office
  • Lafayette

$650,000 $205.76 / SF

Local investor purchases an office building along Rue Louis XIV

BuyerE MF PARTNERS LLC

101 Brightwood Dr, Lafayette, LA 70508

101 Brightwood Dr

  • Office
  • Lafayette

$360,000 $144.75 / SF

Located in the Grand Pointe subdivision, this former clubhouse turned office property sells to two local professionals

BuyerPARVINO PROPERTIES LLC

101 North Pat St, Scott, LA 70583

101 North Pat St

  • Industrial
  • Scott

$315,000 $63.00 / SF

An industrial property with fully air conditioned warehouse space along with an office area, sells near West Willow Street

BuyerPRIDE ELECTRICAL SERVICES LLC

105B Balboa Dr, Broussard, LA 70518

105B Balboa Dr

  • Industrial
  • Broussard

$300,000 $75.00 / SF

An industrial property changes hands near where Bolivar Court meets Highway 90 East

BuyerSMITH, MURRELL THOMAS JR

200 Turn Row, Lafayette, LA 70508

200 Turn Row

  • Industrial
  • Lafayette

$295,000 $46.50 / SF

This industrial building, formerly the home of the Jim Camel Specialty Company, sells within the Canebreak Commercial & Business Park

BuyerWILKINS, VERNON EUGENE JR; WILKINS, MELANIE H

5400 Cameron St, Scott, LA 70583

5400 Cameron St

  • Retail
  • Scott

$250,000 $65.95 / SF

A Donaldsonville-based entity purchases a retail restaurant property in Scott

BuyerRINA KIM PROPERTY LLC

815 Foreman Dr, Lafayette, LA 70506

815 Foreman Dr

  • Retail
  • Lafayette

$120,000 $38.71 / SF

The Crawfish Pot restaurant property changes hands near Dulles Drive

BuyerCULLEN SERVICES LLC

1203 Jefferson St, Lafayette, LA 70501

1203 Jefferson St

  • Land
  • Lafayette

$100,000 $9.57 / Land SF

A 0.24 acre parcel of vacant land changes hands at the corner of Jefferson Street and Gordon Street across from the mainstay Tammy's Grocery

BuyerQUACH, TY THUAN

Commercial Permits Issued Last Week 27 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
100 E VERMILION STAddition / Alteration / Repair (C)$126,070COMMERCIAL REROOFO N/AC PELLERIN & WALLACE INC, PELLERIN & WALLACE
5521 AMBASSADOR CAFFERY PKWYSign – Wall Sign (C)$8,000N/AO N/AC JGWM Signs, LLC, Wesley Gaspar
443 HEYMANN BLVDAddition / Alteration / Repair (C)$0RENOVATING AN EXISTING TENANT SPACE TO RECEIVE 2 ROOMS FOR CT/PET SCANS, NO CHANGE OF USE OR OCCUPANCYO N/AC N/A
1825 BERTRAND DRAddition / Alteration / Repair (C)$02000 S,F, addition to an existing 4000 s.f.metal building all of Type 5B Construction. The addition will be constructed on a concrete slab and foundation and will be provided with lighting and electrical outlets and an outdoor packaged air conditioning system.O N/AC N/A
303 RUE LOUIS XIVAddition / Alteration / Repair (C)$0Tenant space demolition and renovation build-out.O N/AC N/A
2311 W PINHOOK RDCommercial New Construction$0NEW METAL BUILDINGO SON AUTO REPAIRC CAJUN PAVING & CONSTRUCTION OF ACADIANA, L.L.C.
1101 RUE DU BELIERCommercial New Construction$024’x30’ Metal Storage BuildingO N/AC BERGERON'S METAL BUILDINGS, L.L.C., Percy P. Bergeron Jr.
245 SABATIER RDCommercial New Construction$0Dish to collocated onto existing cell tower. Dish will install antennas, RRUs, hybrid cables, etc onto the tower as well as ground equipment cabinet and new 200 amp power meter.O N/AC N/A
814 W CONGRESS STElectrical Standalone (C)$0ELEC SERVICE REPAIRO LANGLINAIS BAKERYC KURT MELANCON ENTERPRISES INC, JOHN KURT MELANCON
408 DANIEL DR #BElectrical Standalone (C)$0It is an apartment that one individual will live.O N/AC N/A
103 CLARA STElectrical Standalone (C)$0Novelty wholesaleO N/AC N/A
248 N COLLEGE RDElectrical Standalone (C)$0future use for commercial leasing but needing temporary power for future renovations. there will be no power in the building with the exception to one receptacle and a few temporary lights in hopes to keep people from breaking in.O N/AC N/A
200 HIGH MEADOWS BLVDElectrical Standalone (C)$0GENERAL INSPECTION TO GET UTILITIES ONO N/AC N/A
3219 NW EVANGELINE THWYElectrical Standalone (C)$0Replacing bad lugs in troughO N/AC N/A
3225 LOUISIANA AVEMechanical Standalone (C)$0Remove and replace (2) packaged rooftop HVAC units, like for like. One at 27.5 tons and one at 25 tons. This is a like for like replacement, same footprint, no ductwork.O N/AC AES MECHANICAL SERVICES GROUP, INC, MICHAEL FOWLER
4511 AMBASSADOR CAFFERY PKWYPlumbing Standalone (C)$0needing to perform a smoke test, due to being unable to locate the issue.O N/AC CJ'S PLUMBING REPAIR, CONNIE J GOULAS
110 SHIPLEY DRPlumbing Standalone (C)$0Repeated sewer smell. Need to schedule a time for a smoke test.O N/AC HARGRAVE'S PLUMBING LLC, TRAVIS HARGRAVE
101 WESTWOOD DRPlumbing Standalone (C)$0Backflow Replacement for IrrigationO N/AC ACADIANA PLUMBING SERVICE LLC, DUSTIN R AUCOIN
5808 JOHNSTON STPlumbing Standalone (C)$0Irrigation backflowO N/AC THE CUTTING EDGE, BLAKE GILMORE
4154 W CONGRESS STPlumbing Standalone (C)$0BACKFLOWO CHURCH'S CHICKENC MR ROOTER OF LAF DBA DW PLB LLC, DON G WILLIAMS JR
4313 AMBASSADOR CAFFERY PKWYPlumbing Standalone (C)$0N/AO N/AC MR ROOTER OF LAF DBA DW PLB LLC, DON G WILLIAMS JR
307 POLLY LNPlumbing Standalone (C)$0Chiller SystemO N/AC ACADIANA PLUMBING SERVICE LLC, DUSTIN R AUCOIN
201 KALISTE SALOOM RDSign – Wall Sign (C)$0N/AO N/AC N/A
3559 AMBASSADOR CAFFERY PKWYSign – Wall Sign (C)$0N/AO N/AC N/A
1015 W PINHOOK RDSign – Wall Sign (C)$0N/AO N/AC N/A
1206 E BROUSSARD RDSign – Wall Sign (C)$0N/AO N/AC N/A
4533 JOHNSTON STSign – Wall Sign (C)$0N/AO N/AC N/A
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