The Pulse LFT: Newly-constructed middle school sold for 36.8 million

01 Dec The Pulse LFT: Newly-constructed middle school sold for 36.8 million

Posted at 09:39h 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

300 Acadian Hills Lane, Lafayette, LA 70507

Type: Specialty
Price: $36,860,000 ($530.02 / SF)
Buyer: FRIENDS OF LAFAYETTE CHARTER FOUNDATION INC
Elifin’s Notes: Friends of Lafayette Charter Foundation Inc. acquires the newly built two-story middle school adjacent to the Lafayette Renaissance Charter High School on the Northside of Lafayette. This sale only covers the middle school, the improvements, and does not include the land at the site.

400 Blk Almonaster Rd, Youngsville, LA 70592

Type: Land
Price: $2,600,000 ($3.92 / Land SF)
Buyer: ALMONASTER ROAD PROPERTY COMPANY LLC
Elifin’s Notes: Almonaster Road Property LLC purchases a 15+ acre parcel of commercial land.

1921 Kaliste Saloom Rd (Unit 201A-101), Lafayette, LA 70508

Type: Retail
Price: $735,000 ($294.00 / SF)
Buyer: HACKETT WEALTH MANAGEMENT LLC
Elifin’s Notes: Hackett Wealth Management LLC acquires a retail condo unit property in Parc Lafayette Center.

709 Settlers Trace Blvd, Lafayette, LA 70508

Type: Land
Price: $575,000 ($10.77 / Land SF)
Buyer: ROOTS PROPERTY INVESTMENTS LLC
Elifin’s Notes: Roots Property Investments LLC purchases a 1+ acre parcel of land behind the First Lutheran Church on West Farrel Road.

2000 Blk N University Ave, Lafayette, LA 70507

Type: Land
Price: $361,445 ($1.34 / Land SF)
Buyer: CRO RENTALS LLC
Elifin’s Notes: A 6+ acre parcel of land sells on North University Avenue.

713 Kaliste Saloom Rd, Lafayette, LA 70508

Type: Industrial
Price: $261,905 ($74.83 / SF)
Buyer: TECHNEAUX TECHNOLOGY SERVICES LLC
Elifin’s Notes: Techneaux Technology Services purchases an industrial warehouse property behind their current location on Kaliste Saloom Road.

104 Republic Ave (Units 1, 2), Lafayette, LA 70508

Type: Retail
Price: $250,000 ($89.29 / SF)
Buyer: LUIS MORA PROPERTIES LLC
Elifin’s Notes: A pair of commercial condo units change hands on Republic Avenue.

106 Cadillac St, Lafayette, LA 70501

Type: Multifamily
Price: $100,000 ($12,500 / Unit)
Buyer: CADILLAC OAKS LLC
Elifin’s Notes: Cadillac Oaks LLC acquires an 8-unit multifamily property near Northside High School.

1505 Bonin Rd, Youngsville, LA 70592

Type: Retail
Price: Withheld
Buyer: BONIN PLAZA HOLDINGS LLC
Elifin’s Notes: A gas station/convenience store property changes ownership at the corner of Bonin Road and Ambassador Caffery Parkway.

123 Monroe St, Lafayette, LA 70501

Type: Industrial
Price: Withheld
Buyer: CCWD RE INVESTMENTS LLC
Elifin’s Notes: CCWD RE Investments LLC acquires an industrial property near Mudd Avenue.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
150 BANKS AVE	Addition / Alteration / Repair (C) $45000	Added offices (interior renovation)	[O] N/A [C] SLC Construction, shea castille
202 RUE LOUIS XIV	Reroof (C) $15500	Reroof see attached	[O] Ken Leblanc DDS, Ken Leblanc [C] Cloteaux Construction LLC, Daniel Cloteaux
128 THRU-WAY PARK RD	Sign – Freestanding (C) $250	Freestanding Sign	[O] N/A [C] UtiliQuest, Jayce Menard
1211 COOLIDGE ST	Addition / Alteration / Repair (C) $0	THIS PROJECT IS LOCATED ON THE 3RD FLOOR OF THE OLGMC BRACC, FOR SUITE 304. IT CONSISTS IN MINOR DEMOLITION & SOME INTERIOR CONSTRUCTION TO PROVIDE A GASTRO CLINIC. THE SCOPE INCLUDES CHECK IN / CHECK OUT AREA, NURSE STATION, 6 EXAM ROOMS, AND AN OFFICE. THIS AREA WILL BE USED FOR OUTPATIENT ONLY, NO CHANGES TO OCCUPANCY. THIS PROJECT IS A LEVEL 02 ALTERATION LEVEL.	[O] N/A [C] N/A
208 OAK GROVE LN	Commercial New Construction $0	A new 18,225 SQFT office building located in Lafayette, LA	[O] N/A [C] The Lemoine Company, L.L.C
800 TWELFTH ST	Electrical Standalone (C) $0	Replace existing 200-amp exterior Siemens electrical panel with 400-amp Siemens equivalent panel, including upsized wiring and conduit necessary for 400-amps. Panel upgrade will require the following: o Replace existing 200-amp exterior panel disconnect with 400-amp exterior panel disconnect. o Add 400-amp rated CT can for electrical and city code metering requirements. o Add additional ground rods for grounding necessary with 400-amps. o Remove existing 2” EMT conduit from existing disconnect to existing 200-amp panel and replace with 3” EMT necessary for increased wire size, 50’ from disconnect to panel. o Through a boring subcontractor, bore 50’ from existing 200-amp disconnect to new city transformer with a 3” PVC conduit run with 400-amp rated wire Caleb King- 337-277-8346	[O] N/A [C] N/A
600 FOREMAN DR	Electrical Standalone (C) $0	POWER POLE FOR SURVEILLANCE	[O] N/A [C] N/A
2722 NE EVANGELINE THWY	Electrical Standalone (C) $0	SVR UPGRADE	[O] N/A [C] N/A
113 BORMAN DR	Electrical Standalone (C) $0	Temporary construction trailer at Lafayette Airport for Taxiway B re-alignment	[O] N/A [C] PREFERRED ELECTRIC INC, JEFFERY RIEMANN
103 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in Apt. #140, building #7	[O] N/A [C] N/A
513 CALUM DR	Electrical Standalone (C) $0	POLE FOR DENTENTION POND	[O] VILLAS AT E BROUSSARD LLC [C] PREFERRED ELECTRIC INC, JEFFERY RIEMANN
307 RUE SCHOLASTIQUE	Mechanical Standalone (C) $0	CHANGING 5 TON AIR HANDLER	[O] N/A [C] ARCENEAUX COOLING & HEATING, JODY ARCENEAUX
7421 JOHNSTON ST	Plumbing Standalone (C) $0	Water service to sewer treatment plant site.	[O] N/A [C] C G LOGAN CONSTRUCTION, KENT RICHE
111 PINE PARK DR	Plumbing Standalone (C) $0	BACKFLOW PREVENTOR REPLACEMENT	[O] PINE PARK PLAZA PROPERTY [C] BENNY PREJEAN SERVICE CO INC, BENNETT PREJEAN
2801 JOHNSTON ST	Plumbing Standalone (C) $0	adding gas line	[O] N/A [C] HARGRAVE’S PLUMBING LLC, TRAVIS HARGRAVE
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 1 of 8) – TH Unit D LH – 3 beds 2.5 baths (UNIT 1208) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 1 of 8) – TH Unit D LH – 3 beds 2.5 baths (UNIT 1208) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 2 of 8) – TH Unit C LH – 3 beds 2.5 baths (UNIT 1207) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 2 of 8) – TH Unit C LH – 3 beds 2.5 baths (UNIT 1207) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 4 of 8) – TH Unit C LH – 3 beds 2.5 baths (UNIT 1205) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 4 of 8) – TH Unit C LH – 3 beds 2.5 baths (UNIT 1205) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 5 of 8) – TH Unit C RH – 3 beds 2.5 baths (UNIT 1204) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 5 of 8) – TH Unit C RH – 3 beds 2.5 baths (UNIT 1204) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 3 of 8) – TH Unit C LH – 3 beds 2.5 baths (UNIT 1206) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 3 of 8) – TH Unit C LH – 3 beds 2.5 baths (UNIT 1206) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 6 of 8) – TH Unit C RH – 3 beds 2.5 baths (UNIT 1203) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 6 of 8) – TH Unit C RH – 3 beds 2.5 baths (UNIT 1203) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 7 of 8) – TH Unit C RH – 3 beds 2.5 baths (UNIT 1202) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 7 of 8) – TH Unit C RH – 3 beds 2.5 baths (UNIT 1202) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 8 of 8) – TH Unit A RH – 3 beds 2 baths (UNIT 1201) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert
705 E BLUEBIRD DR	Townhouse (C) $0	new residential construction of a multi-unit building (lot 8 of 8) – TH Unit A RH – 3 beds 2 baths (UNIT 1201) TOWNHOME BUILDING (8 PLEX – ACD) UNITS 1201-1208 ON PRILIM PLAT – Travis Laurent & Neil Lebouef discussed the release of permits and hold COs until final plat approval. “PARENT PERMIT” – PLEASE REFERENCE PROJECT 2024-3419 FOR PLAN REVIEW PER JOHN B.	[O] N/A [C] DSLD Homes, LLC, Lacy Hebert

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