22 Sep The Pulse LFT: Johnston St property sold for 3.7mm
A weekly update on the commercial real estate landscape of Lafayette.
Commercial Sales Recorded Last Week

4952 Johnston St, Lafayette, LA 70503
Type: Mixed-Use
Price: $3,730,000 ($40.14 / SF)
Buyer: DABM PROPERTIES LLC
Elifin’s Notes: An entity related to Doug Ashy Building Materials, founded in 1960, acquires the mixed-use property with multiple buildings next to their current location on Johnston Street.

406 Apollo Rd, Scott, LA 70583
Type: Industrial
Price: $700,000 ($164.63 / SF)
Buyer: J&J LANDSCAPE HOLDINGS LLC
Elifin’s Notes: J&J Landscape Holdings LLC purchases an industrial property sitting on a 2.5 acre parcel in Scott.

200 Charbonnet Rd, Duson, LA 70529
Type: Industrial
Price: $680,000 ($43.59 / SF)
Buyer: RENTALS ON RIDGE LLC
Elifin’s Notes: Rentals on Ridge LLC acquires two industrial buildings with 13 rental storage units on 17+ acres of land.

1720 Kaliste Saloom Rd (Units C6, C7), Lafayette, LA 70508
Type: Office
Price: $280,000 ($140.00 / SF)
Buyer: SOLA PROPERTY INVESTMENTS LLC
Elifin’s Notes: Sola Property Investments LLC acquires two office suites in the Le Carre Condo Suites on Kaliste Saloom Road.

Tract 1 S Fieldspan Rd, Lafayette, LA 70506
Type: Land
Price: $205,660 ($0.30 / Land SF)
Buyer: STALLION FARMS LLC
Elifin’s Notes: A 15.8+ acre parcel of land sells on South Fieldspan Road.

5825 N University Ave, Carencro, LA 70520
Type: Industrial
Price: $175,000 ($45.43 / SF)
Buyer: MEAUX PROPERTY SOLUTIONS LLC
Elifin’s Notes: Meaux Property Solutions LLC purchases an industrial warehouse property on North University Avenue.

2939 Cameron St, Lafayette, LA 70506
Type: Retail
Price: $142,000 ($59.17 / SF)
Buyer: 2 BOYS LLC
Elifin’s Notes: A restaurant property sells on Cameron 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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