Former Royal Panda on W Pinhook Rd sells

The June 5, 2023 issue covers three commercial sales recorded across Lafayette the previous week, totaling $2.68M in disclosed volume. The headline deal: DOUBLE LIN REALTY LLC paid $1.2M ($185.47/SF) for the former Royal Panda restaurant property on West Pinhook Road near Verot School Road. Land led the week with two of the three sales, as OVERTON HOMES LLC paid $1.03M for 28+ acres in the Young Industries Industrial Park in Youngsville and a local developer bought a commercial parcel on Chemin Metairie Parkway for $450K.

By ELIFIN® Source: ELIFIN transaction database

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3Commercial sales recorded
$2.68MDisclosed volume (3 of 3 sales)
$1.2MLargest sale · 2418 W Pinhook Rd
2Land sales, the most active type

Commercial Sales Recorded Last Week 3 sales

2418 W Pinhook Rd

2418 W Pinhook Rd

  • Retail

$1,200,000 $185.47 / SF

Former Royal Panda restaurant property sells near the intersection of Verot School Road and West Pinhook Road

BuyerDOUBLE LIN REALTY LLC

340 Griffin Rd

340 Griffin Rd

  • Land

$1,030,000 $0.83 / Land SF

Local entity purchases 28+ acres of vacant commercial land within the Young Industries Industrial Park in Youngsville

BuyerOVERTON HOMES LLC

1921 Chemin Metairie Pkwy

1921 Chemin Metairie Pkwy

  • Land

$450,000 $14.97 / Land SF

Local developer purchases a parcel of vacant commercial land along Chemin Metairie Parkway

BuyerSHOPS AT PEBBLE LANE LLC THE

Commercial Permits Issued Last Week 19 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
215 W WILLOW STAddition / Alteration / Repair (C)$610,000We are replacing the underground tank & piping to bring the site up to the latest UST codes. The site will also receive new fuel dispensers and diesel will be available at all 4 fueling locations.O N/AC COVEY BROS CONTRACTING INC, Scott Covey
2668 JOHNSTON STAddition / Alteration / Repair (C)$257,427COMMERCIAL REROOFO N/AC PELLERIN & WALLACE
415 ROBLEY DRAddition / Alteration / Repair (C)$0This project involves conversion of an existing single family residential church house (former rectory) on the grounds of Holy Cross Catholic Church in Lafayette, Louisiana to an Assembly (A-3) occupancy for use as a "Youth House" capable of hosting the daytime function of the church's youth program. No sleeping uses are permitted and the former carport area has been blocked by way of bollards to prevent parking under the roofline of the structure.O N/AC N/A
551 JEFFERSON STAddition / Alteration / Repair (C)$0reoreient restroom to be ADA compliant to get an occupancy license.O N/AC N/A
500 SETTLERS TRACE BLVDAddition / Alteration / Repair (C)$0RenovationO N/AC N/A
822 HARDING STDemo (C)$0INTERIOR DEMOO N/AC MACKIE REAUX CONSTRUCTION, RYAN REAUX
2492 W CONGRESS STDemo (C)$0N/AO QUICK BREWC Chart Construction, LLC, RONALD CHRISTIE
3201 KALISTE SALOOM RD #256Electrical Standalone (C)$0Repairing the meter baseO N/AC N/A
2480 W CONGRESS STElectrical Standalone (C)$0Lights been off for more than six monthsO N/AC N/A
200 MERCHANTS BLVDElectrical Standalone (C)$0Meter has been off for over 6 months and we need inspection to get service turned back on APT 148O N/AC N/A
2835 NW EVANGELINE THWYElectrical Standalone (C)$0General electrical repairs due to fire damage.O N/AC N/A
200 MERCHANTS BLVDElectrical Standalone (C)$0Meter has been off for 6 months and we need an inspection to get it turned back on Apt. 10O N/AC N/A
122 N MEYERS DRElectrical Standalone (C)$0To reinstate electricity as it was turned off more than 6 months. CONDO #AO N/AC N/A
111 ENERGY PKWYElectrical Standalone (C)$0120V FOR DAMPERSO N/AC N/A
201 JEFFREY DRElectrical Standalone (C)$0CHANGE OUT MAIN BREAKERO N/AC N/A
316 W MAIN STGenerator (C)$0GENERATOR OK TO SELL PER GREGO N/AC N/A
102 YOUNGSVILLE HWYMechanical Standalone (C)$0change out on a rooftop systemO N/AC LANDRY'S AIR SOURCE1 COOLING & HEATIN, RACHEL LANDRY OWNER
145 MARTIN LUTHER KING JR DRPlumbing Standalone (C)$0SMOKE TEST FOR Our Lady Queen of Peace Catholic ChurchO Our Lady Queen of Peace Catholic ChurchC ACE PLUMBING INC, BRYAN A. TABOR
401 BROADMOOR BLVDSign – Wall Sign (C)$0N/AO N/AC N/A
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