The Pulse LFT: KADN Fox 15 studio on Eraste Landry sells

24 Apr The Pulse LFT: KADN Fox 15 studio on Eraste Landry sells

Posted at 08:43h 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

700 I 10 S Frontage Rd

Type: Retail
Price: $2,500,000 ($446.43 / SF)
Buyer: GUILLORY OIL COMPANY INC
Elifin’s Notes: Eunice-based company purchases the combination McDonalds and Gas Station/Convenience Store located near the Scott/Cankton exit off of I-10

201 Saint Patrick St

Type: Office
Price: $1,916,300 ($98.76 / SF)
Buyer: CHAPMAN, LELAND RANDELL; CHAPMAN, MIRIAM
Elifin’s Notes: A pair of Carencro-based investors purchase a two story office building near the old Lourdes Hospital campus along with a 0.17 acre adjoining parcel of vacant land

4551 Johnston St

Type: Retail
Price: $630,000 ($205.88 / SF)
Buyer: MARKS & VINCENT PROPERTIES LLC
Elifin’s Notes: Local investors purchase office building on Johnston Street between Camellia Boulevard and Ridge Road

300 LA 96

Type: Land
Price: $335,000 ($2.56 / Land SF)
Buyer: HIGH RIGHT LLC
Elifin’s Notes: A pair of local investors purchase a 3 acre vacant parcel zoned for light industrial purposes in Broussard near Highway 90

1128 S Bernard Rd

Type: Land
Price: $290,000 ($6.66 / Land SF)
Buyer: WDWJ INC
Elifin’s Notes: Local investors purchase 1 acre of vacant commercial land on South Bernard Road near Ambassador Caffery Parkway

3334 Verot School Rd

Type: Land
Price: $200,000 ($0.71 / Land SF)
Buyer: RICKY SMITH FAMILY TRUST THE
Elifin’s Notes: Local family trust purchases approximately 6.44 acres of land on Verot School Road near Milton

1331 Garber Rd

Type: Land
Price: $160,000 ($1.67 / Land SF)
Buyer: STUTES PROPERTIES LLC
Elifin’s Notes: Local investors purchase a 2.2 acre portion of a larger vacant commercial land parcel in Broussard on Garber Road

212 Row 1

Type: Land
Price: $90,000 ($2.35 / Land SF)
Buyer: SEER INVESTMENTS LLC
Elifin’s Notes: Youngsville-based investors purchase two adjacent parcels of vacant industrial land in the Canebreak Commercial & Business Park area

1500 Eraste Landry Rd

Type: Specialty
Price: Withheld
Buyer: STORE MASTER FUNDING XXXI LLC
Elifin’s Notes: Arizona-based investors purchase the KADN studio property on Eraste Landry

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
2909 NW EVANGELINE THWY	Addition / Alteration / Repair (C) $0.00	Metal structure addition to existing body shop and offices for admistration	[O] N/A [C] N/A
306 ACADIAN HILLS LN	Addition / Alteration / Repair (C) $0.00	12×20 Accessory storage shed with No service. Build on Site	[O] N/A [C] N/A
945 E SIMCOE ST	Addition / Alteration / Repair (C) $0.00	Build out of an existing metal building shell attached to an existing club “Club Real” located at 945 E. Simcoe St.. The build out will become part of the existing club operation. The build out entails construction of interior wood and gypsum board walls around the interior perimeter walls of the building, construction of additional restrooms, a bar and a stage. A banquet room and restrooms will be added at the exterior of the existing building. All work will be complete with additional plumbing, electrical and mechanical work. A fire sprinkler system and fire alarm system will be installed throughout the existing and new construction. All work will be of Type 5B construction.	[O] N/A [C] N/A
709 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $0.00	Renovation and Addition for an Office Building	[O] N/A [C] N/A
155 HOSPITAL DR	Addition / Alteration / Repair (C) $0.00	MINOR RENOVATIONS TO COMBINE 2 DOCTORS SUITES INTO ONE DOCTOR SUITE	[O] N/A [C] N/A
504-C Guilbeau Rd.	Addition / Alteration / Repair (C) $0.00	Install meeting space portion wall, kitchen sink, & cabinets.	[O] POINT OAK, L.L.C, POINT OAK, L.L.C [C] N/A
111 GOSHEN LN	Commercial New Construction $0.00	Move a newly constructed modular building 11,648 square foot building on the current site. We will connect to existing LUS water and to an existing lift station for wastewater. We will connect to a new transform installed by SLEMCO. Included in the submittal is the State Fire Marshal review for the site plan and for the Industrialized building review.	[O] N/A [C] N/A
100 BLK Steiner Road	Commercial New Construction $0.00	New townhome development with parking and drives.	[O] Rehive Development, LLC, Jacob Landry [C] N/A
1904 W PINHOOK RD	Electrical Standalone (C) $0.00	We are using our building as a warehouse for our shirt making business Suite 110	[O] N/A [C] N/A
615 VATICAN RD #M	Electrical Standalone (C) $0.00	Install new unmanned DISH Cell phone platform with equipment inside the already existing cell phone compound. GC will provide one 3” conduit with pull string from DISH platform within the compound to the existing community H Frame and Meter gang area located inside the cell compound. Meter to be installed in open slot in the community H frame when site is completed	[O] N/A [C] N/A
245 SABATIER RD	Electrical Standalone (C) $0.00	Install new unmanned DISH Cell phone platform with equipment inside the already existing cell phone compound. GC will provide one 3” conduit with pull string from DISH platform within the compound to the existing community H Frame and Meter gang area located inside the cell compound. Meter to be installed in open slot in the community H frame when site is completed	[O] N/A [C] N/A
616 S BUCHANAN ST	Electrical Standalone (C) $0.00	25 POLES FOR FESTIVAL INTERNATIONALE	[O] FESTIVAL INTERNATIONALE, FESTIVAL INTERNATIONALE [C] N/A
400 LOUVETEAU RD #36	Electrical Standalone (C) $0.00	Installing a pole for an empty mobile home lot , Lot #36	[O] N/A [C] N/A
1115 RUE DU BELIER	Electrical Standalone (C) $0.00	Prairie Elementary School Lift Station	[O] N/A [C] N/A
114 MCKINLEY ST	Electrical Standalone (C) $0.00	General inspection to connect electrical service	[O] N/A [C] N/A
230 JENKINS RD #54	Electrical Standalone (C) $0.00	Lot 54 Replaced exterior power pole for mobile home	[O] N/A [C] N/A
3001 LOUISIANA AVE	Mechanical Standalone (C) $0.00	Remove and replace 10-ton package unit.	[O] N/A [C] CMSNextech, david grzech
1408 W WILLOW ST	Plumbing Standalone (C) $0.00	Apartment Housing Facility Water meter #W1200609 for Building T (17):Located on right side of building feeds building 17, 21, 22, 23 Water meter #W1259665 for Building T (17): Located on right side of building feeds building 17, 21, 22, 23 Water meter #W1267975 for Building U (18): Located on right side of building feeds building 18, 19, 20 These building are in the middle of switching from being identified by letter to numbers.	[O] N/A [C] ACADIANA PLUMBING SERVICE LLC, DUSTIN R AUCOIN
111 LIBERTY AVE	Plumbing Standalone (C) $0.00	new install – backflow preventor	[O] N/A [C] N/A
320 SETTLERS TRACE BLVD	Plumbing Standalone (C) $0.00	Replace an existing backflow	[O] N/A [C] DeRouen’s Plumbing Inc.
1035 CAMELLIA BLVD	Plumbing Standalone (C) $0.00	N/A	[O] N/A [C] CJ’S PLUMBING REPAIR, CONNIE J GOULAS
200 HIGH MEADOWS BLVD	Plumbing Standalone (C) $0.00	N/A	[O] N/A [C] CJ’S PLUMBING REPAIR, CONNIE J GOULAS
2019 VEROT SCHOOL RD	Plumbing Standalone (C) $0.00	resturant	[O] N/A [C] ACADIANA LANDSCAPE MATERIALS, KEVIN PATRICK DRONETTE
2234 KALISTE SALOOM RD	Sign – Wall Sign (C) $0.00	N/A	[O] N/A [C] N/A

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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