30 Mar The Pulse LFT: Office property overlooking Vermillion River sells

Posted at 09:44h 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

307 La Rue France, Lafayette, LA 70508

Type: Office
Price: $590,000 ($181.93 / SF)
Buyer: TORIAN PROPERTIES LLC
Elifin’s Notes: An office property, with a Vermillion River view, that can be split into separate suites sells.

106, 108 Hummingbird Lane, Lafayette, LA 70506

Type: Multifamily
Price: $550,000 ($68,750 / Unit)
Buyer: MCHONE PROPERTY MANAGEMENT LA LLC
Elifin’s Notes: A pair of fourplexes sell on Hummingbird Lane.

107 Breakwater Dr, Lafayette, LA 70507

Type: Industrial
Price: $465,000 ($121.92 / SF)
Buyer: TELCOM PROPERTIES LLC
Elifin’s Notes: A Lake Charles-based entity and current industrial property owner purchases another property on Breakwater Drive.

3030 Chemin Metairie Pkwy, Youngsville, LA 70592

Type: Land
Price: $425,000 ($4.93 / Land SF)
Buyer: RUBBERROLLER LLC
Elifin’s Notes: A nearly 2 acre parcel of land sells on Chemin Metairie Parkway.

3000 W Pinhook Rd, Lafayette, LA 70508

Type: Office
Price: $405,000 ($144.64 / SF)
Buyer: KING COASTAL PROPERTY 2 LLC
Elifin’s Notes: An office property, formerly used as a religious facility, changes ownership on West Pinhook Road.

100, 112 Tubing Rd, Broussard, LA, LA 70518

Type: Industrial
Price: $214,000 ($66.88 / SF)
Buyer: C & S PRODUCTIONS LLC
Elifin’s Notes: This property sold for $160k in 2024.

3020 Verot School Rd, Lafayette, LA 70508

Type: Land
Price: $210,000 ($13.03 / Land SF)
Buyer: COX, SIDNEY GERARD
Elifin’s Notes: An individual purchases a 0.3+ acre parcel of land on Verot School Road.

523 E Pont Des Mouton Rd, Lafayette, LA 70507

Type: Industrial
Price: $195,000 ($156.00 / SF)
Buyer: AA MILKE PROPERTIES LLC
Elifin’s Notes: A metal building with office and warehouse space sitting on a 0.7+ acre lot sells on East Pont Des Mouton Road.

Lot 1-B Paddock Dr, Lafayette, LA 70507

Type: Land
Price: $100,000 ($0.80 / Land SF)
Buyer: STANFIELD, DAVID; STANFIELD, DENA
Elifin’s Notes: A neighboring owner purchases a 2.8+ acre land parcel in Carencro.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1101 KALISTE SALOOM RD	Reroof (C) $767250	N/A	[O] N/A [C] N/A
201 ZIM CIR	Addition / Alteration / Repair (C) $60000	Interior renovation of 5 living units	[O] N/A [C] N/A
2401 E SIMCOE ST	Demo (C) $49500	N/A	[O] N/A [C] CB MORGAN EQUIPMENT AND SERVICES LLC, Christopher Brian Morgan Sr
506 ZIM CIR	Demo (C) $49000	N/A	[O] N/A [C] Ark-La-Tex General Contractors, L.L.C., Jimmy Paul Theodos
506 C O CIR	Demo (C) $49000	N/A	[O] N/A [C] Ark-La-Tex General Contractors, L.L.C., Jimmy Paul Theodos
201 C O CIR	Demo (C) $49000	N/A	[O] N/A [C] Ark-La-Tex General Contractors, L.L.C., Jimmy Paul Theodos
108 ENERGY PKWY	Reroof (C) $40460	N/A	[O] N/A [C] Lafayette Roofing and General Contractors, LLC, Billy Gordon Savely Jr.
125 E BUTCHER SWITCH RD	Addition / Alteration / Repair (C) $40000	BRICK ONLY FOR EXTERIOR OF EXISTING METAL BUILDING	[O] WORLD HARVET LIGHTHOUSE CHURCH [C] EDWARD’S BLACKTOP PAVING, EDWARD ACKER
504 GUILBEAU RD	Demo (C) $1000	. Suite D	[O] N/A [C] Lafayette Roofing and General Contractors, LLC, Billy Gordon Savely Jr.
506 ZIM CIR	Addition / Alteration / Repair (C) $0	Interior renovation of 5 living units	[O] N/A [C] N/A
407 C O CIR	Addition / Alteration / Repair (C) $0	Interior renovation of 5 living units	[O] N/A [C] N/A
506 C O CIR	Addition / Alteration / Repair (C) $0	Interior renovation of 5 living units	[O] N/A [C] N/A
519 C O CIR	Addition / Alteration / Repair (C) $0	Interior renovation of 5 living units	[O] N/A [C] N/A
310 YOUNGSVILLE HWY	Addition / Alteration / Repair (C) $0	This will be a CMU dumpster enclosure that will receive hot and cold water spigots and vent piping from the existing building, along with sewer drainage with a grease interceptor.	[O] N/A [C] N/A
4129 VEROT SCHOOL RD	Addition / Alteration / Repair (C) $0	Interior remodel and addition to existing place of worship. New fire suppression system, riser room, and associated storage tank and equipment to be installed throughout the existing and new spaces as required by adopted codes and authority having jurisdiction.	[O] N/A [C] N/A
1501 La Neuville Road	Commercial New Construction $0	Project consists of 20 Townhomes on individual lots. The 3 Bedroom Unit townhomes are two story wood framed construction. Please reference 2025-22-PC.	[O] HAN Holdings LLC, Nicol Hannie [C] Thomson Brothers Construction, John Thomson
1626 WALKER RD	Commercial New Construction $0	This permit application is limited to the site work improvements for drainage and parking. Building renovation shall be a separate permit at another date/time.	[O] N/A [C] N/A
95 SETTLERS TRACE BLVD	Commercial New Construction $0	the scope of work for this permit includes only the sewer, water, and electrical infrastructure, all site work, and the roadways, and sidewalks. NOTE: the actual construction of the townhouses including all electrical, mechanical, and support facilities are not part of our contract.	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0	Change out electrical panel in # 828, building #21	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. # 724, building #22	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. # 724, building #22	[O] N/A [C] N/A
4310 MOSS ST	Electrical Standalone (C) $0	GENERAL FOR LIGHTS	[O] Kimberly Bize [C] Kimberly Bize
520 S MAGNOLIA ST	Electrical Standalone (C) $0	General for lights	[O] TUYET TRAN [C] TUYET TRAN
2700 JOHNSTON ST	Electrical Standalone (C) $0	Building is used as a retail pharmacy. We inspected the branch circuits feeding the rooftop units. Found they were in disrepair and failed electrical inspection. Replace seal tite and fittings as required to make runs of conduit and wiring code compliant.	[O] N/A [C] N/A
804 MARTIN LUTHER KING JR DR	Electrical Standalone (C) $0	Unit G93	[O] N/A [C] N/A
804 MARTIN LUTHER KING JR DR	Electrical Standalone (C) $0	Unit D43	[O] N/A [C] N/A
804 MARTIN LUTHER KING JR DR	Electrical Standalone (C) $0	Unit C32	[O] N/A [C] N/A
410 W UNIVERSITY AVE	Mechanical Standalone (C) $0	Rayne state bank	[O] N/A [C] ARSEMENT AIR CONDITIONING AND HEATING, L.L.C., ROBERT ARSEMENT
310 DELAHOUSSAYE DR	Plumbing Standalone (C) $0	N/A	[O] N/A [C] BRANT’S PLUMBING, BRANT GOULAS
1340 S RICHFIELD RD	Plumbing Standalone (C) $0	running new water line from meter to existing office for future	[O] N/A [C] BOYD’S PLUMBING, JONATHAN BOYD
206 CANTAL DR	Plumbing Standalone (C) $0	NEW BACKFLOW PREVENTOR	[O] BEAU CHENE HEIGHTS [C] GUILLIOT & SON’S SERVICE & REPAIR, HARDY GUILLIOT
2400 W CONGRESS ST	Plumbing Standalone (C) $0	Install backflow	[O] N/A [C] DEROUEN PLUMBING, HOWARD DEROUEN
1453 W WILLOW ST	Reroof (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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