Mixed-use property along Camellia Blvd sells for 2.5mm
The March 18, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $4.59M in disclosed volume. The headline deal: MD4 PROPERTIES LLC, a pair of Youngsville-based investors, paid $2.48M ($253.12/SF) for a newly constructed building on Camellia Boulevard with two office suites and two 3BR/3BA residential units. Land led the week with three of the five sales, including 9+ acres behind the Carencro Sports Complex bought by the City of Carencro for $500K, while UL paid $815K for the Chamber of Commerce office building on East Saint Mary Boulevard next to the Hilliard Art Museum.
Commercial Sales Recorded Last Week 5 sales
1003 Camellia Blvd
$2,475,000 $253.12 / SF
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
BuyerMD4 PROPERTIES LLC
804 East Saint Mary Blvd
$815,000 $223.29 / SF
UL purchases the Chamber of Commerce office building on East Saint Mary next to the Hilliard Art Museum
BuyerLA-STATE; BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM
100 Great Escape Dr
$500,000 $1.22 / Land SF
The City of Carencro purchases 9+ acres of land near I-49 behind the Carencro Sports Complex
BuyerCARENCRO CITY OF
839 Austria Rd
$450,000 $1.28 / Land SF
A Jennings-based entity acquires 8+ acres of land in Duson
BuyerROCK SOLID LAND LLC
751 Albertson Pkwy
$350,000 $6.23 / Land SF
The Ricky Smith Family Trust acquires 1.2+ acres of vacant commercial land at the corner of Albertson Parkway and South Morgan Avenue
BuyerRICKY SMITH FAMILY TRUST THE
Commercial Permits Issued Last Week 32 permits
| Address | Type | Value | Description | Owner / Applicant / Contractor |
|---|---|---|---|---|
| 110 N PAT ST | Sign – Wall Sign (C) 9833 | N/A | N/A | O N/AC Uni Sign Co, Nick Dubuisson |
| 2000 W UNIVERSITY AVE | Addition / Alteration / Repair (C) 5000 | N/A | COSMETIC ONLY PER RAME NO RENOVATION TO BUILDING. PER JOHN OK TO SELL AND ONLY DO FINAL INSPECTION | O N/AC RAME ABUSADA, RAME ABUSADA |
| 101 SAINT FERDINAND PL | Addition / Alteration / Repair (C) 0 | N/A | 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/AC N/A |
| 101 REID ST | Addition / Alteration / Repair (C) 0 | N/A | No work to be done need permit per Bruce to pull a general inspection to change occupancy | O N/AC N/A |
| 1437 S HUGH WALLIS RD | Addition / Alteration / Repair (C) 0 | N/A | PEMB office and warehouse building. | O N/AC N/A |
| 1000 W PINHOOK RD | Addition / Alteration / Repair (C) 0 | N/A | minor renovations to existing suite | O N/AC N/A |
| 1013 W UNIVERSITY AVE | Addition / Alteration / Repair (C) 0 | N/A | 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/AC N/A |
| 930 W PONT DES MOUTON RD | Addition / Alteration / Repair (C) 0 | N/A | Add two (2) bays to an existing storage building | O N/AC N/A |
| 1206 E BROUSSARD RD | Addition / Alteration / Repair (C) 0 | N/A | Build out of interior consultation rooms & offices into existing metal building structure | O N/AC N/A |
| 1501-A Kaliste Saloom Rd. | Addition / Alteration / Repair (C) 0 | N/A | N/A | O N/AC N/A |
| 603 SILVERSTONE RD | Addition / Alteration / Repair (C) 0 | N/A | RENOVATION OF EXISTING INTERIOR OFFICE SUITE TO ACCOMMODATE EXPANSION OF DSLD MORTGAGE OFFICE. | O N/AC N/A |
| 101 REID ST | Addition / Alteration / Repair (C) 0 | N/A | INTERIOR RENOVATION TO CREATE 3 STUDIO APARTMENTS | O N/AC N/A |
| 1312 ROPER DR #119 | Electrical Standalone (C) 0 | N/A | POLE FOR PARK | O N/AC N/A |
| 1613 W UNIVERSITY AVE | Electrical Standalone (C) 0 | N/A | Renting GENERAL INSPECTION | O N/AC N/A |
| 603 RIDGE RD | Electrical Standalone (C) 0 | N/A | UPGRADE SVR | O N/AC N/A |
| 601 E UNIVERSITY AVE #A | Electrical Standalone (C) 0 | N/A | POWER SUPPLY CABINETS | O COX COMMUNICATIONSC HI TECH ELECTRICAL SERVICES LLC, TROY SEAUX |
| 112 ACORN DR #A | Electrical Standalone (C) 0 | N/A | POWER SUPPLY CABINETS | O N/AC HI TECH ELECTRICAL SERVICES LLC, TROY SEAUX |
| 803 SAINT PATRICK ST #A | Electrical Standalone (C) 0 | N/A | POWER SUPPLY CABINETS | O N/AC HI TECH ELECTRICAL SERVICES LLC, TROY SEAUX |
| 303 JACQUELINE ST #A | Electrical Standalone (C) 0 | N/A | POWER SUPPLY CABINETS | O N/AC HI TECH ELECTRICAL SERVICES LLC, TROY SEAUX |
| 514 PARKSIDE DR #A | Electrical Standalone (C) 0 | N/A | POWER SUPPLY CABINETS | O N/AC HI TECH ELECTRICAL SERVICES LLC, TROY SEAUX |
| 101 BRIGHTWOOD DR | Electrical Standalone (C) 0 | N/A | Pool Panel Power | O N/AC N/A |
| 1434 S COLLEGE RD | Electrical Standalone (C) 0 | N/A | Changeout of service equipment and add ATS for generator | O N/AC N/A |
| 100A STATION HEIGHTS DR | Electrical Standalone (C) 0 | N/A | INSTALLING A 60AMP 120/240V POLE FOR LIGHTS AT SIGN | O N/AC N/A |
| 2500 NE EVANGELINE THWY | Electrical Standalone (C) 0 | N/A | Office | O N/AC N/A |
| 555 RIDGE RD | Electrical Standalone (C) 0 | N/A | 2 new circuits for EV Chargers | O N/AC N/A |
| 1101 BERTRAND DR | Electrical Standalone (C) 0 | N/A | Install new breaker and panel for HVAC equipment | O N/AC N/A |
| 425 SAINT JOHN ST | Electrical Standalone (C) 0 | N/A | Inspection of new Panel installation | O N/AC N/A |
| 100 E KALISTE SALOOM RD | Plumbing Standalone (C) 0 | N/A | Replacing backflow | O N/AC NEXT PLUMBING LLC, BLAIR GOULAS |
| 4533 JOHNSTON ST | Plumbing Standalone (C) 0 | N/A | Fireline backflow inspections | O N/AC CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX |
| 94 KINGFISHER DR | Plumbing Standalone (C) 0 | N/A | Water service for signage irrigation | O N/AC CONSTRUCTION SITE SPECIALTIES, JEREMY BREAUX |
| 100 CASTILLE AVE #102 | Sign – Wall Sign (C) 0 | N/A | N/A | O N/AC N/A |
| 1009 CAMELLIA BLVD | Sign – Wall Sign (C) 0 | N/A | N/A | O N/AC N/A |