The Pulse LFT: Lafayette Parish purchases 6-acre parcel

A weekly update on the commercial real estate landscape of Lafayette.

Commercial Sales Recorded Last Week

1001 E Saint Mary Blvd
725 Coolidge St, Lafayette, LA 70503
1001 E Saint Mary Blvd
725 Coolidge St, Lafayette, LA 70503

Type: Office
Price: $630,000 ($58.70 / SF)
Buyer: VALE REAL ESTATE INVESTMENTS LLC
Elifin’s Notes: A mult-tenant office building sells in the Oil Center at the Corner of Coolidge Street and East Saint Mary Boulevard

623 Albertson Pkwy
404, 408 Kelsea Drive, Broussard, LA 70518
623 Albertson Pkwy
404, 408 Kelsea Drive, Broussard, LA 70518

Type: Retail
Price: $570,000 (- / SF)
Buyer: KELSEA DRIVE LLC
Elifin’s Notes: A pair of Baton Rouge-based investors purchase a retail property along with two parcels of vacant land in Broussard

100 Blk Shadow Bluff Drive, Lafayette, LA 70501
100 Blk Shadow Bluff Drive, Lafayette, LA 70501

Type: Land
Price: $339,000 ($1.30 / Land SF)
Buyer: LAFAYETTE PARISH
Elifin’s Notes: The Lafayette Parish Government purchases 6 acres of vacant land on Louisiana Avenue near Acadiana Park

1029 Coolidge Street, Lafayette, LA 70503
1029 Coolidge Street, Lafayette, LA 70503

Type: Mixed-Use
Price: $265,000 ($34.65 / SF)
Buyer: ACADIANA PROPERTY MANAGEMENT LLC
Elifin’s Notes: A multi-tenant commercial property sells in the Oil Center on Coolidge Street

1720 Kaliste Saloom Road (Unit A-8), Lafayette, LA 70508
1720 Kaliste Saloom Road (Unit A-8), Lafayette, LA 70508

Type: Office
Price: $142,500 ($142.50 / SF)
Buyer: HAYS ASSETS INVESTMENTS LLC
Elifin’s Notes: An office condominium unit changes hands on Kaliste Saloom Road near Camellia Boulevard

401 Audubon Blvd, Lafayette, LA 70503
401 Audubon Blvd, Lafayette, LA 70503

Type: Office
Price: Withheld
Buyer: 401 AUDUBON LLC
Elifin’s Notes: A multi-tenant office building sells near Girard Park

610 La Neuville Road, Broussard, LA 70508
610 La Neuville Road, Broussard, LA 70508

Type: Land
Price: Withheld
Buyer: BROUSSARD NEUVILLE DG LLC
Elifin’s Notes: An Alabama-based real estate development firm purchases a 1.7+ acre parcel of vacant land on La Neuville Road


Commercial Permits Issued Last Week


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
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