01 Apr The Pulse LFT: Land adjacent to Ascension Episcopal School sells for 2.8mm
A weekly update on the commercial real estate landscape of Lafayette.
Commercial Sales Recorded Last Week
1803 Chemin Metairie Rd, Youngsville, LA 70592
Type: Land
Price: $2,825,740 ($10.00 / Land SF)
Buyer: GRACE JAMES PROPERTIES LLC
Elifin’s Notes: A pair of Sulphur-based investors purchase a 6.4+ acre parcel of land along Chemin Metairie Parkway adjacent to Ascension Episcopal School in Youngsville
5845 Highway 90 East
111 Southwood Dr, Broussard, LA 70518
Type: Industrial
Price: $1,750,000 ($38.56 / SF)
Buyer: FOREMAN BROTHERS PROPERTIES LLC
Elifin’s Notes: An industrial property with both office and warehouse facilities on over 7.5 acres sells in Broussard
3105 Louisiana Ave, Lafayette, LA 70501
Type: Retail
Price: $1,550,000 ($381.40 / SF)
Buyer: ARDOIN MEMORIAL DEVELOPMENT LLC
Elifin’s Notes: A bank property near I-10 at Louisiana Avenue changes hands
3935 West Congress St, Lafayette, LA 70506
Type: Retail
Price: $450,000 ($204.55 / SF)
Buyer: MELAINE PROPERTIES LLC
Elifin’s Notes: An automotive repair property sitting on two parcels, one of them, 0.2+ acres, vacant, sells near Adrien’s Supermarket
152 Banks Ave, Lafayette, LA 70506
Type: Office
Price: $332,000 ($79.05 / SF)
Buyer: VEDOVATTI PROPERTIES LLC
Elifin’s Notes: A two-story office building changes hands near Eraste Landry Road
111 Dear St, Lafayette, LA 70501
Type: Industrial
Price: $255,000 ($62.20 / SF)
Buyer: HP AUTO LLC
Elifin’s Notes: A local entity purchases an industrial property, with office and warehouse space, just off of Pinhook Road near the Chastant Brothers Garden Center
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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