The Pulse LFT: Former Posados property sells for 3.35mm

14 Jul The Pulse LFT: Former Posados property sells for 3.35mm

Posted at 10:18h 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

3822 Ambassador Caffery Pkwy, Lafayette, LA 70503

Type: Retail
Price: $3,350,000 ($279.94 / SF)
Buyer: LOUISIANA HP HOLDINGS LLC
Elifin’s Notes: The former Posados property, remodeled into an event venue and a restaurant space, sells on Ambassador Caffery Parkway.

2905 Kaliste Saloom Rd, Lafayette, LA 70508

Type: Retail
Price: $1,500,000 ($125.16 / SF)
Buyer: DOUBLE A BROTHERS PROPERTIES LLC
Elifin’s Notes: The former Lafayette Health Club property sitting on 3+ acres sells along Kaliste Saloom Road.

4805 NW Evangeline Thwy, Carencro, LA 70520

Type: Land
Price: $1,325,000 ($2.36 / Land SF)
Buyer: KP THIND LLC
Elifin’s Notes: A 12+ acre parcel of land sells at Northwest Evangeline Thruway and North University Avenue.

221 Burgess Dr, Broussard, LA 70518

Type: Industrial
Price: $575,000 ($34.41 / SF)
Buyer: 221 BURGESS LLC
Elifin’s Notes: An industrial-flex property changes ownership on Burgess Drive.

Lot 96 Verot School Rd, Lafayette, LA 70508

Type: Land
Price: $530,000 ($4.47 / Land SF)
Buyer: REMEDIO, YURY
Elifin’s Notes: A 2.7+ acre parcel of commercial land sells on Verot School Road.

204 N Pierce St, Lafayette, LA 70501

Type: Industrial
Price: $375,000 ($19.86 / SF)
Buyer: SIMERAL PROPERTIES LLC
Elifin’s Notes: Simeral Properties LLC acquires a commercial parcel with two industrial properties on Pierce Street.

106 Wall St, Lafayette, LA 70506

Type: Industrial
Price: $250,000 ($38.60 / SF)
Buyer: PELICAN BROTHERS ESTATES LLC
Elifin’s Notes: A two-building industrial property changes ownership on Wall Street.

Tract 4 Domingue Ave, Lafayette, LA 70506

Type: Land
Price: $120,000 ($1.47 / Land SF)
Buyer: GUILLORY, RACHAEL LANE
Elifin’s Notes: A 1.8+ acre parcel of land sells on North Domingue Avenue.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
4807 JOHNSTON ST	Addition / Alteration / Repair (C) $95,000	Interior cosmetic/appliance renovation to update to new brand standards. Ste. A	[O] N/A [C] Vincent Enterprises, Kevin Vincent
2815 JOHNSTON ST	Demo (C) $8,000	DEMO	[O] RAFFAEL RAIMONDI [C] RAFFAEL RAIMONDI
211 E VEROT SCHOOL RD	Demo (C) $1,000	DEMO	[O] N/A [C] OWNER~ FEROZ MUGHAL , FEROZ MUGHAL
104 REPUBLIC AVE	Addition / Alteration / Repair (C) $0	minor demo, new interior partitions, finishes, ceiling, lighting, new connections to existing plumbing, electrical, new rooftop RTU. new exterior grease trap	[O] N/A [C] N/A
111 MEADOW FARM RD	Addition / Alteration / Repair (C) $0	New/Replace fixtures & Furniture, New/replace track lighting on the sales floor (reusing existing power) Rd Ste 150, Replace flooring as needed @ sales floor and processing room, Replace partitions, countertop in both Men’s and Women’s bathroom (existing plumbing fixtures to remain), Replace Kitchenette @ Lounge (reusing existing power & Plumbing), New Eliason door @ processing room, New outlet for TV @ Lounge, Remove door and add hinge fillers plates @ hall, New cleated focal wall kits (non-structural), New focal wall panels (non-structural), Demo existing focal wall and build new, Replace checkout stands to replace existing (reusing existing power & location), Relocate soda cooler and power pole as needed (reusing existing power)	[O] N/A [C] TBD
924 E SIMCOE ST	Addition / Alteration / Repair (C) $0	Renovation	[O] N/A [C] N/A
601 SW EVANGELINE THWY	Commercial New Construction $0	New Construction Used car dealer office building	[O] N/A [C] Wheelsndealsautosales, Angelo Giandelone
3028 NE EVANGELINE THWY	Demo (C) $0	fence demolition	[O] N/A [C] GARDEN CITY CONSTRUCTION CO., INC., Daniel Jude Benoit
932 N WILDERNESS TRL # A	Electrical Standalone (C) $0	Power pole fell and needs to be replaced.	[O] N/A [C] N/A
915 S COLLEGE RD	Electrical Standalone (C) $0	This is an apartment home, unit #110	[O] N/A [C] N/A
915 S COLLEGE RD	Electrical Standalone (C) $0	This is an apartment home #217	[O] N/A [C] N/A
210 RURAL ST	Electrical Standalone (C) $0	4 unit multi family dwelling, request LUS to disconnect power from source, Remove 4 gang meter panel to allow repair to structure, Re-install 4 gang meter panel to same location on building when structure repair is complete Call LUS to inspect and restore power	[O] N/A [C] N/A
203 COMMISSION BLVD	Electrical Standalone (C) $0	480 Volt panel went down and transformer went out. Panel is reconnected and business needs power turned back on.	[O] Superior Completion Services, Justin Pitre [C] N/A
314 MALAPART RD	Electrical Standalone (C) $0	Straighten power pole that is leaning	[O] N/A [C] N/A
3201 KALISTE SALOOM RD # 232	Electrical Standalone (C) $0	added meter based and panel	[O] N/A [C] N/A
138 DECAL ST	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
5611 JOHNSTON ST	Electrical Standalone (C) $0	OFF MORE THAN 6MTHS	[O] N/A [C] N/A
200 NORTHGATE DR	Electrical Standalone (C) $0	GENERAL TO GET UTILITES ON	[O] N/A [C] N/A
5611 JOHNSTON ST	Electrical Standalone (C) $0	Building is currently without power per inspector stating it needs ground / lighting wire correction. Customer is requesting temporary power pole be installed for now.	[O] N/A [C] N/A
512 S MAGNOLIA ST	Electrical Standalone (C) $0	general to get utilities on	[O] N/A [C] N/A
850 KALISTE SALOOM RD	Electrical Standalone (C) $0	Retail – Showing and Leasing Suite 219	[O] N/A [C] N/A
4630 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) $0	BACKFLOW	[O] N/A [C] GALLO MECHANICAL, L.L.C, DAVID GALLO
1725 N UNIVERSITY AVE	Plumbing Standalone (C) $0	Annual Backflow Preventer Inspection	[O] N/A [C] LOUISIANA FIRE EXTINGUISHER INC AND C & I SUPPLY, THOMAS WELCH
2000 W CONGRESS ST	Sign – Freestanding (C) $0	N/A	[O] N/A [C] N/A
1810 CAMELLIA BLVD	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] SIGN EDGE USA, L.L.C., Jeremy Dale Paul
530 W PINHOOK RD	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] RAYNE PLASTIC SIGNS, INC., Kevin J. Meche
2954 JOHNSTON ST	Sign – Wall Sign Electrical (C) $0	N/A	[O] N/A [C] Image National, Inc., Carter Segali

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