01 Jan The Pulse LFT: Land along Settlers Trace Boulevard sells for 2mm

Posted at 09:07h 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

Lots 1, 3 Settlers Trace Blvd, Lafayette, LA 70508

Type: Land
Price: $2,080,000 ($17.52 / Land SF)
Buyer: SHOPS AT SETTLERS TRACE LLC THE
Elifin’s Notes: Lafayette-based development team purchases two tracts of land, 1.8+ and 0.8+ acres respectively, behind the Ambassador Crossing development and along Settlers Trace Boulevard.

2401 E Simcoe St, Lafayette, LA 70501

Type: Multifamily
Price: $1,350,000 ($56,250 / Unit)
Buyer: 2401 E SIMCOE RD LLC
Elifin’s Notes: A New Orleans-based investor purchases the Parkside Apartments, a 24-unit multifamily property located on East Simcoe Street next to Pa Davis Park

221 Lake Farm Rd, Lafayette, LA 70508

Type: Land
Price: $775,000 ($18.89 / Land SF)
Buyer: ART VANDELAY INDUSTRIES LLC
Elifin’s Notes: A local investor purchases an 0.9+ acre parcel of commercial land, currently used as a parking lot, located near the corner of Lake Farm Road and Kaliste Saloom Road behind The Grand 14 – Ambassador movie theatre

300 Mecca St, Lafayette, LA 70508

Type: Office
Price: $445,000 ($65.70 / SF)
Buyer: HUSERS REAL ESTATE ENTERPRISES LLC
Elifin’s Notes: A local investor purchases a two-unit office property within an industrial area off of Highway 90 near Industrial Parkway

Lot 5 Provost St, Scott, LA 70583

Type: Land
Price: $345,506 ($0.77 / Land SF)
Buyer: ESTATES AT WEST VILLAGE LLC THE
Elifin’s Notes: Lafayette-based development team purchases three tracts of land, totaling 10+ acres, within the West Village development area in Scott along Provost Street and Apollo Road

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
902 JOHNSTON ST	Addition / Alteration / Repair (C) 0	4 buildings, 6 units each. Townhouses	[O] N/A [C] MANUEL COMMERCIAL, LLC
1510 KALISTE SALOOM RD	Commercial New Construction 0
1510 KALISTE SALOOM RD	Commercial New Construction 0	4 buildings, 6 units each. Townhouses	[O] N/A [C] MANUEL COMMERCIAL, LLC
1510 KALISTE SALOOM RD	Commercial New Construction 0	4 buildings, 6 units each. Townhouses	[O] N/A [C] MANUEL COMMERCIAL, LLC
1510 KALISTE SALOOM RD	Commercial New Construction 0	4 buildings, 6 units each. Townhouses	[O] N/A [C] MANUEL COMMERCIAL, LLC
218 E FARREL RD #A	Electrical Standalone (C) 0	COX BATTERY BACKUP POWER SUPPLY CABINET CONTACT PERSON: RANDY QUEBODEAUX 337-456-4229″	[O] N/A [C] N/A
80 STEINER RD #A	Electrical Standalone (C) 0	AT&T BOX NEED REPAIR	[O] N/A [C] N/A
3747 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) 0	gas piping to new unit on the roof of super one foods	[O] N/A [C] DMR MECHANICAL LLC, RICHARD BARR
215 W WILLOW ST	Plumbing Standalone (C) 0	NEW GAS LINE ON ROOF FOR NEW RTU	[O] N/A [C] DMR MECHANICAL LLC, RICHARD BARR
180 CASTILLE AVE	Sign – Wall Sign (C) 0	N/A	[O] N/A [C] N/A
5520 JOHNSTON ST	Sign – Wall Sign (C) 0	N/A	[O] N/A [C] N/A
1921 KALISTE SALOOM RD	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.

Elifin Realty

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