The Pulse LFT: Mixed-use property along Camellia Blvd sells for 2.5mm

18 Mar The Pulse LFT: Mixed-use property along Camellia Blvd sells for 2.5mm

Posted at 09:32h 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

1003 Camellia Blvd, Lafayette, LA 70508

Type: Mixed-Use
Price: $2,475,000 ($253.12 / SF)
Buyer: MD4 PROPERTIES LLC
Elifin’s Notes: A pair of Youngsville-based investors purchase a newly constructed commercial property with two office suites on the first floor and two residential 3BR/3BA units on the second floor

804 East Saint Mary Blvd, Lafayette, LA 70503

Type: Office
Price: $815,000 ($223.29 / SF)
Buyer: LA-STATE; BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM
Elifin’s Notes: UL purchases the Chamber of Commerce office building on East Saint Mary next to the Hilliard Art Museum

100 Great Escape Dr, Carencro, LA 70520

Type: Land
Price: $500,000 ($1.22 / Land SF)
Buyer: CARENCRO CITY OF
Elifin’s Notes: The City of Carencro purchases 9+ acres of land near I-49 behind the Carencro Sports Complex

839 Austria Rd, Duson, LA 70529

Type: Land
Price: $450,000 ($1.28 / Land SF)
Buyer: ROCK SOLID LAND LLC
Elifin’s Notes: A Jennings-based entity acquires 8+ acres of land in Duson

751 Albertson Pkwy, Broussard, LA 70518

Type: Land
Price: $350,000 ($6.23 / Land SF)
Buyer: RICKY SMITH FAMILY TRUST THE
Elifin’s Notes: The Ricky Smith Family Trust acquires 1.2+ acres of vacant commercial land at the corner of Albertson Parkway and South Morgan Avenue

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
110 N PAT ST	Sign – Wall Sign (C) 9833	N/A	[O] N/A [C] Uni Sign Co, Nick Dubuisson
2000 W UNIVERSITY AVE	Addition / Alteration / Repair (C) 5000	COSMETIC ONLY PER RAME NO RENOVATION TO BUILDING. PER JOHN OK TO SELL AND ONLY DO FINAL INSPECTION	[O] N/A [C] RAME ABUSADA, RAME ABUSADA
101 SAINT FERDINAND PL	Addition / Alteration / Repair (C) 0	Remove and replace affected roof framing, decking, siding, bricks, windows and doors. Disposal of remaining contents affected in units. Complete gut of affected units down to the studs. Clean, encapsulate and deodorize remaining building materials. Save and clean appliances from 3 adjacent units and replace the appliances in the unit of origin. Remove flooring. Remove and replace drywall, insulation, doors, baseboard, trim, cabinets, and countertops• Seal and paint new building materials. Replace lighting and plumbing fixtures in unit of origin. All other units will be detached, cleaned, and reinstalled. Rewiring of electrical in unit of origin. Replace HVAC unit and condenser in unit of origin. Clean HVAC unit and condenser in the other 3 adjacent units. Replace HVAC ductwork for all 4 affected units. Provide temporary toilet, hand washing station and dumpsters. Haul off debris and final construction cleaning	[O] N/A [C] N/A
101 REID ST	Addition / Alteration / Repair (C) 0	No work to be done need permit per Bruce to pull a general inspection to change occupancy	[O] N/A [C] N/A
1437 S HUGH WALLIS RD	Addition / Alteration / Repair (C) 0	PEMB office and warehouse building.	[O] N/A [C] N/A
1000 W PINHOOK RD	Addition / Alteration / Repair (C) 0	minor renovations to existing suite	[O] N/A [C] N/A
1013 W UNIVERSITY AVE	Addition / Alteration / Repair (C) 0	RENOVATIONS TO AN EXISTING BUILDING TO CHANGE USE TO A R-3 / ROOMING HOUSE. THE EXISTING BUILDING WAS ORIGINALLY A SINGLE FAMILY RESIDENCE, THEN CONVERTED TO A LAW OFFICE AND IS NOW SEEKING APPROVAL TO BE RENOVATED INTO A R-3 / ROOMING HOUSE	[O] N/A [C] N/A
930 W PONT DES MOUTON RD	Addition / Alteration / Repair (C) 0	Add two (2) bays to an existing storage building	[O] N/A [C] N/A
1206 E BROUSSARD RD	Addition / Alteration / Repair (C) 0	Build out of interior consultation rooms & offices into existing metal building structure	[O] N/A [C] N/A
1501-A Kaliste Saloom Rd.	Addition / Alteration / Repair (C) 0	N/A	[O] N/A [C] N/A
603 SILVERSTONE RD	Addition / Alteration / Repair (C) 0	RENOVATION OF EXISTING INTERIOR OFFICE SUITE TO ACCOMMODATE EXPANSION OF DSLD MORTGAGE OFFICE.	[O] N/A [C] N/A
101 REID ST	Addition / Alteration / Repair (C) 0	INTERIOR RENOVATION TO CREATE 3 STUDIO APARTMENTS	[O] N/A [C] N/A
1312 ROPER DR #119	Electrical Standalone (C) 0	POLE FOR PARK	[O] N/A [C] N/A
1613 W UNIVERSITY AVE	Electrical Standalone (C) 0	Renting GENERAL INSPECTION	[O] N/A [C] N/A
603 RIDGE RD	Electrical Standalone (C) 0	UPGRADE SVR	[O] N/A [C] N/A
601 E UNIVERSITY AVE #A	Electrical Standalone (C) 0	POWER SUPPLY CABINETS	[O] COX COMMUNICATIONS [C] HI TECH ELECTRICAL SERVICES LLC, TROY SEAUX
112 ACORN DR #A	Electrical Standalone (C) 0	POWER SUPPLY CABINETS	[O] N/A [C] HI TECH ELECTRICAL SERVICES LLC, TROY SEAUX
803 SAINT PATRICK ST #A	Electrical Standalone (C) 0	POWER SUPPLY CABINETS	[O] N/A [C] HI TECH ELECTRICAL SERVICES LLC, TROY SEAUX
303 JACQUELINE ST #A	Electrical Standalone (C) 0	POWER SUPPLY CABINETS	[O] N/A [C] HI TECH ELECTRICAL SERVICES LLC, TROY SEAUX
514 PARKSIDE DR #A	Electrical Standalone (C) 0	POWER SUPPLY CABINETS	[O] N/A [C] HI TECH ELECTRICAL SERVICES LLC, TROY SEAUX
101 BRIGHTWOOD DR	Electrical Standalone (C) 0	Pool Panel Power	[O] N/A [C] N/A
1434 S COLLEGE RD	Electrical Standalone (C) 0	Changeout of service equipment and add ATS for generator	[O] N/A [C] N/A
100A STATION HEIGHTS DR	Electrical Standalone (C) 0	INSTALLING A 60AMP 120/240V POLE FOR LIGHTS AT SIGN	[O] N/A [C] N/A
2500 NE EVANGELINE THWY	Electrical Standalone (C) 0	Office	[O] N/A [C] N/A
555 RIDGE RD	Electrical Standalone (C) 0	2 new circuits for EV Chargers	[O] N/A [C] N/A
1101 BERTRAND DR	Electrical Standalone (C) 0	Install new breaker and panel for HVAC equipment	[O] N/A [C] N/A
425 SAINT JOHN ST	Electrical Standalone (C) 0	Inspection of new Panel installation	[O] N/A [C] N/A
100 E KALISTE SALOOM RD	Plumbing Standalone (C) 0	Replacing backflow	[O] N/A [C] NEXT PLUMBING LLC, BLAIR GOULAS
4533 JOHNSTON ST	Plumbing Standalone (C) 0	Fireline backflow inspections	[O] N/A [C] CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
94 KINGFISHER DR	Plumbing Standalone (C) 0	Water service for signage irrigation	[O] N/A [C] CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX
100 CASTILLE AVE #102	Sign – Wall Sign (C) 0	N/A	[O] N/A [C] N/A
1009 CAMELLIA BLVD	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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