The Pulse LFT: Lafayette Parish School Board purchases two properties

04 Dec The Pulse LFT: Lafayette Parish School Board purchases two properties

Posted at 09:23h 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

301 Rue Beauregard, Lafayette, LA 70508

Type: Office
Price: $1,000,000 ($166.67 / SF)
Buyer: LAFAYETTE PARISH SCHOOL BOARD THE
Elifin’s Notes: The Lafayette Parish School Board purchases a multi-suite office property near the intersection of East Kaliste Saloom Road and South College Road

307 Rue Beauregard, Lafayette, LA 70508

Type: Land
Price: $585,000 ($7.50 / Land SF)
Buyer: LAFAYETTE PARISH SCHOOL BOARD THE
Elifin’s Notes: The Lafayette Parish School Board purchases 1.7+ acres of vacant commercial land near the intersection of East Kaliste Saloom Road and South College Road

611 Verot School Rd, Lafayette, LA 70508, Lafayette, LA 70508

Type: Retail
Price: $580,000 ($181.25 / SF)
Buyer: VOJE LLC
Elifin’s Notes: A California-based investor purchases a Domino’s retail location, along with the neighboring 0.5+ acre parcel of vacant commercial land

146 Des Jacques Rd, Lafayette, LA 70506

Type: Industrial
Price: $255,021 ($15.08 / SF)
Buyer: TRAVASOS CONSULTANTS LLC
Elifin’s Notes: A ten acre industrial property with a few warehouse improvements sells near the intersection of Eraste Landry Road and Ambassador Caffery Parkway

140 Jomela Dr, Lafayette, LA 70503

Type: Land
Price: $250,000 ($3.24 / Land SF)
Buyer: 140 JOMELA DRIVE LLC
Elifin’s Notes: A New Orleans-based entity acquires two lots of vacant land off of West Pinhook right along the Vermilion River

1103 Ambassador Caffery Pkwy, Lafayette, LA 70506

Type: Land
Price: $175,000 ($8.73 / Land SF)
Buyer: AFFINITY AMBASSADOR LLC
Elifin’s Notes: A pair of local investors purchase a 0.46 acre parcel of vacant commercial land along Ambassador Caffery Parkway near Bertrand Drive

604 S Morgan Ave, Broussard, LA 70518

Type: Retail
Price: $157,000 ($65.69 / SF)
Buyer: GLP REAL ESTATE LLC
Elifin’s Notes: A retail property changes hands in Broussard

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
126 S BUCHANAN ST	Addition / Alteration / Repair (C) 65633	RE ROOF	[O] N/A [C] Lagniappe, Inc., WILLIAM HICKS
1620 N UNIVERSITY AVE	Sign – Wall Sign (C) 25816	N/A	[O] N/A [C] UNIVERSAL MANUFACTURING AND SIGN COMPANY LLC, Chad S. Cole
2200 NE EVANGELINE THWY	Sign – Wall Sign (C) 12200	N/A	[O] N/A [C] PRO BASS ENTERPRISES, L.L.C., Cody James McElroy
400 ERASTE LANDRY RD	Demo (C) 10000	N/A	[O] N/A [C] CASTLE ROW CONSTRUCTION, L.L.C., Samuel Dewey John Viator
2001 MOSS ST	Sign – Wall Sign (C) 10000	N/A	[O] N/A [C] SIGN DESIGN PROS, Wes Gaspar
124 S BUCHANAN ST	Addition / Alteration / Repair (C) 0	Design and build dumpster corral to replace existing dumpster in parking lot.	[O] N/A [C] N/A
421 CARMEL DR	Addition / Alteration / Repair (C) 0	Construction of a 13, 200 square foot pre-engineering cover over the existing Holy Rosary Institute	[O] N/A [C] N/A
2011 KALISTE SALOOM RD	Addition / Alteration / Repair (C) 0	The project is an interior buildout of a small wellness spa inside an existing shell space	[O] N/A [C] N/A
1508 Camelia Blvd	Addition / Alteration / Repair (C) 0	CIVIL SITE WORK ONLY. Parking lot.	[O] 1500 Camellia LLC [C] N/A
101 LA RUE FRANCE	Addition / Alteration / Repair (C) 0	Installation of prefabricated anti room and buffer for the preperation of medications.	[O] N/A [C] N/A
201 ED GUILBEAU RD	Addition / Alteration / Repair (C) 0	Inspect building for Commercial building permit; want use camper for commercial office for auto sales	[O] N/A [C] N/A
3401 W PINHOOK RD	Addition / Alteration / Repair (C) 0	Site Development, new pre-engineered metal building built out for use as a vehicle repair shop	[O] N/A [C] N/A
200 THEATRE ST	Addition / Alteration / Repair (C) 0	Light renovation work to include but not limited to demo of partition walls, demo and install new flooring, demo and install new cabinets/countertops, remove and reinstall new lights and plumbing fixtures, hang and finish drywall and new interior paint.	[O] N/A [C] Collegetown Construction, Inc.
200 THEATRE ST	Addition / Alteration / Repair (C) 0	Light renovation work to include but not limited to demo of partition walls, demo and install new flooring, demo and install new cabinets/countertops, remove and reinstall new lights and plumbing fixtures, hang and finish drywall and new interior paint.	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
200 THEATRE ST	Addition / Alteration / Repair (C) 0	Light renovation work to include but not limited to demo of partition walls, demo and install new flooring, demo and install new cabinets/countertops, remove and reinstall new lights and plumbing fixtures, hang and finish drywall and new interior paint.	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
2101 W GLORIA SWITCH RD	Commercial New Construction 0	Metal Building (110′ X 105′) divided into individual self-storage units.	[O] N/A [C] N/A
206 ELK’S CV	Electrical Standalone (C) 0	Replace 4 pack meterbase system on apartment building	[O] N/A [C] N/A
705 W UNIVERSITY AVE	Electrical Standalone (C) 0	Lafayette Consolidated Government Generator	[O] Lafayette Consolidated Government [C] CCD ELECTRIC, LLC, COY MIGUES
220 PARKLANE RD	Electrical Standalone (C) 0	Install 200A underground service to detached building. Install underground service to security pole provided by SLEMCO.	[O] N/A [C] N/A
1201 JEFFERSON ST	Electrical Standalone (C) 0	ELEC SERVICE UPGRADE	[O] N/A [C] A PLUS SERVICES A/C HEATING & ELECTRICAL, JERRY MECHE
231 W BAYOU PKWY	Plumbing Standalone (C) 0	Smoke test for repair	[O] N/A [C] DARREN AUCOIN’S PLUMBING, DARREN AUCOIN
100 ARNOULD BLVD	Plumbing Standalone (C) 0	smoke test call Marcus to set up date and time 337-319-2265	[O] N/A [C] STUTES PLUMBING, INC., MARCUS STUTES
550 ERASTE LANDRY RD	Plumbing Standalone (C) 0	Gas Test	[O] N/A [C] AUCOIN’S PLUMBING SERVICES LLC, DEREK AUCOIN
3028 NE EVANGELINE THWY	Plumbing Standalone (C) 0	Running new sewer line at this location.	[O] N/A [C] GALLO MECHANICAL SERVICES, LLC, STEPHEN GALLO
2200 NE EVANGELINE THWY	Sign – Freestanding (C) 0	N/A	[O] N/A [C] N/A
4243 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign (C) 0	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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