11 Nov The Pulse LFT: Former Zip-N car wash sells for 1.15mm
A weekly update on the commercial real estate landscape of Lafayette.
Commercial Sales Recorded Last Week
520 Ridge Rd, Lafayette, LA 70506
Type: Retail
Price: $1,150,000 ($634.66 / SF)
Buyer: ZIP N OPERATING LLC
Elifin’s Notes: A drive-thru car wash, formerly operated by Zip-N Car Wash, sells at the intersection of Ridge Road and Rue Du Belier.
668 I-10 N Frontage Rd, Scott, LA 70583
Type: Land
Price: $750,000 ($11.43 / Land SF)
Buyer: CASTILLO INVESTMENTS LLC
Elifin’s Notes: A 1+ acre parcel of land sells on I-10 North Frontage Road.
101 Falcon St, Lafayette, LA 70506
Type: Multifamily
Price: $610,000 ($38,125 / Unit)
Buyer: BTRY RENTALS LLC
Elifin’s Notes: BTRY Rentals LLC has acquired four fourplexes near Acadiana High School.
1303 Martin Luther King Jr Dr, Lafayette, LA 70501
Type: Self-Storage
Price: $525,000 ($2,599 / Unit)
Buyer: CYPRESS STORAGE LLC
Elifin’s Notes: Parkway Plaza Storage sells on MLK Jr Drive near the Evangeline Thruway.
104 Row 1, Lafayette, LA 70508
Type: Industrial
Price: $247,000 ($77.19 / SF)
Buyer: 104 ROW 1 LLC
Elifin’s Notes: An industrial warehouse sells off of West Pinhook Road.
808 Church St, Youngsville, LA 70592
Type: Industrial
Price: $239,500 ($70.44 / SF)
Buyer: 808 CHURCH LLC
Elifin’s Notes: This property is 3,400 SF total, comprising 2,400 SF of warehouse space and 1,000 SF of office/multi-use space.
109, 117 Supply Rd, Lafayette, LA 70506
Type: Industrial
Price: $220,000 ($62.86 / SF)
Buyer: MCGILL PROPERTIES LLC
Elifin’s Notes: Local business owners purchase the neighboring industrial property on Supply Road.
902 Lamar St, Lafayette, LA 70501
Type: Industrial
Price: $166,000 ($42.98 / SF)
Buyer: DOMINGUE LAW FIRM LLC
Elifin’s Notes: The Domingue Law Firm LLC has acquired a warehouse property on Lamar Street near UL’s campus.
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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