The Pulse LFT: Land on Johnston Street sold for 1.6 million

29 Jul The Pulse LFT: Land on Johnston Street sold for 1.6 million

Posted at 09:34h 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

4603 Johnston St, Lafayette, LA 70503

Type: Land
Price: $1,679,810 ($13.53 / Land SF)
Buyer: JA FONTENOT HOLDINGS LLC
Elifin’s Notes: A 2.8+ acre parcel of commercial land sells at the corner of Johnston Street and Lana Drive.

547, 549 Jefferson St, Lafayette, LA 70501

Type: Office
Price: $485,000 ($167.24 / SF)
Buyer: GEAUX RENTALS LLC
Elifin’s Notes: Local entity expands its holdings within the 500 Block of Jefferson Street with the purchase of this office property.

208 Jacobs Run, Scott, LA 70583

Type: Industrial
Price: $350,000 ($87.50 / SF)
Buyer: WAVE X3 LLC
Elifin’s Notes: An industrial warehouse property sells in Scott.

3111 Johnston St (Rear 1.274 acres), Lafayette, LA 70503

Type: Land
Price: $300,000 ($5.42 / Land SF)
Buyer: REDS HEALTH CLUB PROPERTIES LLC
Elifin’s Notes: Red’s purchases the 1.2+ acres of vacant land at the back of the Holy Mary Mother of God Cemetery and between the Health Club & Moncus Park.

1101 Hugh Wallis Rd S (Bldg B, Unit 204), Lafayette, LA 70508

Type: Office
Price: $123,750 ($112.81 / SF)
Buyer: KEYSTONE INVESTMENT HOLDINGS LLC
Elifin’s Notes: A Youngsville-based entity purchases an office condominium unit on Hugh Wallis Road.

1400BLK Detente Rd, Youngsville, LA 70592

Type: Land
Price: Withheld
Buyer: J&M LAND INVESTMENT LLC
Elifin’s Notes: A 62.7+ acre tract of land sells between Youngsville and the Southern border of Lafayette Parish.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
4701 Ambassador Caffery Parkway Building D	Addition / Alteration / Repair (C) $0	Project is an interior build out of an existing development building shell with three parking spaces to be demolished and developed into an exterior patio.	[O] Ruby Slipper Brunch, Matt Kobylski [C] FRONTLINE CONSTRUCTION, LLC
1919 Caramel Dr	Addition / Alteration / Repair (C) $0	Interior Renovation of existing building ( install new Sheetrock, Replace old electrical wire according to national electrical codes, replace the plumbing fixture, re-install the register counter. Exterior cosmetic upgrades in the walls ( install new stucco and brick )add some more lights around the property	[O] N/A [C] N/A
811 MARTIN LUTHER KING JR DR	Addition / Alteration / Repair (C) $0	INTERIOR RENOVATION OF EXISTING REHAB FACILITY	[O] N/A [C] N/A
841 VINCENT RD	Addition / Alteration / Repair (C) $0	Metal roof and wall restoration	[O] N/A [C] N/A
538 E GLORIA SWITCH RD	Addition / Alteration / Repair (C) $0	RENOVATION AND ADDITION TO EXISTING DENTAL OFFICE FACILITY, TO INCLUDE NEW WD. FRAMED PORCH CONSTRUCTION, TOUCHUP OF EXISTING FINISHES, ADDITION OF NEW WD. FRAMED OFFICE SPACES, ACOUSTICAL CEILINGS, DENTAL EQUIPMENT, AND HVAC, ELECTRICAL, AND PLUMBING SYSTEMS.	[O] N/A [C] N/A
303 MONROE ST	Addition / Alteration / Repair (C) $0	ADA bathroom / ramps	[O] N/A [C] N/A
410 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $0	Addition of 5 parking spaces to current Bank parking lot	[O] N/A [C] N/A
112 ROW 1	Commercial New Construction $0	Site, foundation, Drainage, Metal framing, Electrical	[O] N/A [C] N/A
2800 LOUISIANA AVE	Commercial New Construction $0	construction of a 8′ wide x 16′ long x 11′ high storage room lean-to	[O] N/A [C] N/A
210 SAGE GLENN LN	Commercial New Construction $0	A 10,500 s.f. pre-engineered metal building with parking support.	[O] N/A [C] N/A
1234 E PONT DES MOUTON RD	Commercial New Construction $0	Scope of this project is community requested amenities: walks, pavilions, play fields, dog park, and user-requested maintenance shed.	[O] N/A [C] N/A
208 and 210 Renaud Drive	Commercial New Construction $0	Construct foundation and steel building canopy at the LUS TJ-Labbe site.	[O] N/A [C] N/A
104 ROW 1	Electrical Standalone (C) $0	6 month inspection	[O] N/A [C] N/A
601 LOIRE AVE	Electrical Standalone (C) $0	Office suite to be listed to lease. It has not been inhabited since January 2022.	[O] N/A [C] N/A
601 LOIRE AVE	Electrical Standalone (C) $0	Office suite to be listed to lease. It has not been inhabited since July 2023.	[O] N/A [C] N/A
139 TEURLINGS DR	Electrical Standalone (C) $0	Replacing meter base, meter was struc by lghtning and LUS has killed power	[O] N/A [C] N/A
3910 CAMERON ST	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] THE PAYNE COMPANY, KYLE PAYNE
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] THE PAYNE COMPANY, KYLE PAYNE
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] THE PAYNE COMPANY, KYLE PAYNE
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] THE PAYNE COMPANY, KYLE PAYNE
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] THE PAYNE COMPANY, KYLE PAYNE
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] BLOCK BUILDERS LLC
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] THE PAYNE COMPANY, KYLE PAYNE
110 FREM BOUSTANY DR	New Apartments (C) $0	ATC Lafayette is a multi-family community consisting of 11 residential buildings with a total of 252 units and one stand-alone 6,500 square foot clubhouse amenity building. The project is adjacent to the Ambassador Town Center on approximately 15.2 acres.	[O] INDUSTRIAL DEVELOPMENT BOARD OF THE,,PARISH OF LAFAYETTE LOUISIANA INC THE,,KEY ATC LL [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
4906 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) $0	Installed new backflow BUILDING G	[O] N/A [C] NAVARRE’S PLUMBING LLC, TYLER NAVARRE
200 LODGE	Plumbing Standalone (C) $0	IN FRONT OF UNIT 512 CALL B-4 GOING 337-237-3167	[O] N/A [C] BENNY PREJEAN SERVICE CO INC, BENNETT PREJEAN
200 LODGE	Plumbing Standalone (C) $0	BACKFLOW ON BACK SIDE OF APARTMENTS FACING W AVONDALE CALL B-4 337-237-3167	[O] N/A [C] BENNY PREJEAN SERVICE CO INC, BENNETT PREJEAN
2622 JOHNSTON ST	Plumbing Standalone (C) $0	Change out check valve	[O] N/A [C] ALL STAR PLUMBING & MAINTENANCE LLC, NICHOLAS SCUDERI
113 W WILLOW ST	Plumbing Standalone (C) $0	Install new backflow preventer	[O] N/A [C] LANDRY’S PLUMBING, RAY LANDRY
4311 JOHNSTON ST	Sign – Freestanding (C) $0	N/A	[O] N/A [C] N/A
2926 JOHNSTON ST	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
2888 NE Evangeline Thrwy	Sign – Wall Sign (C) $0	N/A	[O] Devon Self Storage [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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