The Pulse LFT: Local developer purchases 55 acres in Broussard

A weekly update on the commercial real estate landscape of Lafayette.

Commercial Sales Recorded Last Week

500 Tolson Rd
500 Tolson Rd

Type: Land
Price: $2,647,175 ($1.09 / Land SF)
Buyer: HAMILTON PARC SUBDIVISION LLC
Elifin’s Notes: Local developer purchases 55+ acres off of Verot School Road near Broussard

1799 Camellia Blvd
1799 Camellia Blvd

Type: Land
Price: $1,769,488 ($19.68 / Land SF)
Buyer: HAMILTON PLANTATION CORPORATION
Elifin’s Notes: A 2+ acre parcel of land within an existing parcel sells at the corner of Camellia Boulevard and East Bluebird Drive

214 Church St
214 Church St

Type: Retail
Price: $560,000 ($68.95 / SF)
Buyer: CHURCH STREET RENTALS LLC
Elifin’s Notes: Church Street Rentals LLC purchases the Little Blessings Preschool property in Youngsville

2301 Johnston St
2301 Johnston St

Type: Retail
Price: $254,000 ($196.90 / SF)
Buyer: CHAMP, STEVEN J JR
Elifin’s Notes: The service station property sells located next to the original Ground Pat’i location

1921 W Congress St
1921 W Congress St

Type: Retail
Price: $210,000 ($205.08 / SF)
Buyer: LOUVIERE, STEPHEN A
Elifin’s Notes: Local individual purchases the Congress Auto Care property along with a single family residence on a neighboring parcel along West Congress Street

229 Industrial Pkwy
229 Industrial Pkwy

Type: Industrial
Price: $118,000 ($30.77 / SF)
Buyer: VIATOR & ASSOCIATES INC
Elifin’s Notes: Industrial property sells along Industrial Parkway near Highway 90 and Verot School Road


Commercial Permits Issued Last Week


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
marketing@elifinrealty.com
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