Land along Settlers Trace Boulevard sells for 2mm
The January 1, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $5M in disclosed volume. The headline deal: SHOPS AT SETTLERS TRACE LLC THE, a Lafayette-based development team, paid $2.08M ($17.52/Land SF) for two tracts of 1.8+ and 0.8+ acres on Settlers Trace Boulevard behind the Ambassador Crossing development. Land led the week with three of the five sales, while a New Orleans-based investor paid $1.35M for the Parkside Apartments, a 24-unit property on East Simcoe Street next to Pa Davis Park.
Commercial Sales Recorded Last Week 5 sales
Lots 1, 3 Settlers Trace Blvd
$2,080,000 $17.52 / Land SF
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.
BuyerSHOPS AT SETTLERS TRACE LLC THE
2401 E Simcoe St
$1,350,000 $56,250 / unit
A New Orleans-based investor purchases the Parkside Apartments, a 24-unit multifamily property located on East Simcoe Street next to Pa Davis Park
Buyer2401 E SIMCOE RD LLC
221 Lake Farm Rd
$775,000 $18.89 / Land SF
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
BuyerART VANDELAY INDUSTRIES LLC
300 Mecca St
$445,000 $65.70 / SF
A local investor purchases a two-unit office property within an industrial area off of Highway 90 near Industrial Parkway
BuyerHUSERS REAL ESTATE ENTERPRISES LLC
Lot 5 Provost St
$345,506 $0.77 / Land SF
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
BuyerESTATES AT WEST VILLAGE LLC THE
Commercial Permits Issued Last Week 11 permits
| Address | Type | Value | Description | Owner / Applicant / Contractor |
|---|---|---|---|---|
| 902 JOHNSTON ST | Addition / Alteration / Repair (C) 0 | N/A | 4 buildings, 6 units each. Townhouses | O N/AC MANUEL COMMERCIAL, LLC |
| 1510 KALISTE SALOOM RD | Commercial New Construction 0 | N/A | 4 buildings, 6 units each. Townhouses | O N/AC MANUEL COMMERCIAL, LLC |
| 1510 KALISTE SALOOM RD | Commercial New Construction 0 | N/A | 4 buildings, 6 units each. Townhouses | O N/AC MANUEL COMMERCIAL, LLC |
| 1510 KALISTE SALOOM RD | Commercial New Construction 0 | N/A | 4 buildings, 6 units each. Townhouses | O N/AC MANUEL COMMERCIAL, LLC |
| 218 E FARREL RD #A | Electrical Standalone (C) 0 | N/A | COX BATTERY BACKUP POWER SUPPLY CABINET CONTACT PERSON: RANDY QUEBODEAUX 337-456-4229" | O N/AC N/A |
| 80 STEINER RD #A | Electrical Standalone (C) 0 | N/A | AT&T BOX NEED REPAIR | O N/AC N/A |
| 3747 AMBASSADOR CAFFERY PKWY | Plumbing Standalone (C) 0 | N/A | gas piping to new unit on the roof of super one foods | O N/AC DMR MECHANICAL LLC, RICHARD BARR |
| 215 W WILLOW ST | Plumbing Standalone (C) 0 | N/A | NEW GAS LINE ON ROOF FOR NEW RTU | O N/AC DMR MECHANICAL LLC, RICHARD BARR |
| 180 CASTILLE AVE | Sign – Wall Sign (C) 0 | N/A | N/A | O N/AC N/A |
| 5520 JOHNSTON ST | Sign – Wall Sign (C) 0 | N/A | N/A | O N/AC N/A |
| 1921 KALISTE SALOOM RD | Sign – Wall Sign (C) 0 | N/A | N/A | O N/AC N/A |