20 Jul The Pulse LFT: Oil Center property sold for 1.75 million

Posted at 09:22h 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

124 Heymann Blvd, Lafayette, LA 70503

Type: Office
Price: $1,750,000 ($85.62 / SF)
Buyer: CASTLE ROW LLC
Elifin’s Notes: An office property changes hands in the Oil Center.

506, 508 Lafayette St; 109 Romero St, Youngsville, LA 70592

Type: Retail
Price: $930,000 ($77.50 / SF)
Buyer: FULL MOON PROPERTIES LLC
Elifin’s Notes: A collection of properties including: a strip center, day care and single-family residential sell together in Youngsville.

113 Representative Row, Lafayette, LA 70508

Type: Office
Price: $480,000 ($232.22 / SF)
Buyer: MLA LEGACY HOLDINGS LLC
Elifin’s Notes: An office property changes ownership near the Storage Center on Representative Row.

204A, 206 Easy St, Lafayette, LA 70506

Type: Industrial
Price: $309,000 ($15.42 / SF)
Buyer: MS Legacy Holding, LLC
Elifin’s Notes: A pair of industrial properties sell on Easy Street.

229 St De Porres St, Broussard, LA 70518

Type: Retail
Price: $137,500 ($39.26 / SF)
Buyer: NOLA FUNDING LLC
Elifin’s Notes: A day care center property featuring two buildings changes ownership in Broussard.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
615 COLORADO RD, Duson	Electrical Standalone (C) $0	No power to building, electric inspection needed. Units A, B, C, D, 4 gang meter pack	[O] N/A [C] N/A
707 S STERLING ST, Units A & B	Plumbing Standalone (C) $0	Water has been off for 5 years, Apt A & B	[O] N/A [C] N/A
240 TUBING RD, Broussard	Plumbing Standalone (C) $0	Install backflow	[O] N/A [C] N/A
131 QUEENSBERRY DR	Electrical Standalone (C) $0	Installing 60 amp service, 2 poles for lights and cameras in park/playground at Walkers Lake subdivision	[O] N/A [C] N/A
4010 W CONGRESS ST	Electrical Standalone (C) $0	Changing out ATS for generator	[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

marketing@elifinrealty.com

The Pulse LFT: Oil Center property sold for 1.75 million