The Pulse LFT: Parish Brewing Company purchases 1.4-acre parcel

20 Nov The Pulse LFT: Parish Brewing Company purchases 1.4-acre parcel

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

914 W Pont Des Mouton Rd, Lafayette, LA 70507

Type: Industrial
Price: $1,500,000 ($93.53 / SF)
Buyer: 2KT ELITE PROPERTIES LLC
Elifin’s Notes: A local company acquires a two-building industrial property located West of I-49 along West Pont Des Mouton Road

2760 E Milton Ave, Youngsville, LA 70592

Type: Land
Price: $800,000 ($11.48 / Land SF)
Buyer: YOUNG AZ LLC
Elifin’s Notes: A Baton Rouge-based entity purchases 1.6 acres of vacant commercial land across two parcels in Youngsville

113 Flagg Place, Building 6, Lafayette, LA 70508

Type: Office
Price: $725,000 ($66.64 / SF)
Buyer: GOODYEAR PROPERTY MANAGEMENT LLC
Elifin’s Notes: A two-story office building changes hands off of East Farrel Road

5917 Ambassador Caffery Pkwy, Lafayette, LA 70508

Type: Land
Price: $715,000 ($19.24 / Land SF)
Buyer: JA FONTENOT ENTERPRISES LLC
Elifin’s Notes: A 0.85+ acre parcel of vacant commercial land sells near the intersection of Bonin Road and Ambassador Caffery Parkway

1235 Eraste Landry Rd, Lafayette, LA 70506

Type: Industrial
Price: $675,000 ($44.47 / SF)
Buyer: 1235 ERASTE LANDRY LLC
Elifin’s Notes: An industrial property changes hands near the intersection of Bertrand Drive and Eraste Landry Road

129 Millstone Rd, Broussard, LA 70518

Type: Industrial
Price: $625,000 ($52.08 / SF)
Buyer: REAL ESTATE ACADIANA LLC
Elifin’s Notes: Local investor purchases two industrial buildings comprising six units on one parcel along Highway 90 in the Billeaud area

2610 NE Evangeline Thruway, Lafayette, LA 70501

Type: Multifamily
Price: $430,000 ($53,750 / Unit)
Buyer: PLATINUM RESOURCES LLC
Elifin’s Notes: An 8-unit multifamily property changes hands near I-10 along the Evangeline Thruway

206 Jared Dr, Broussard, LA 70518

Type: Industrial
Price: $405,000 ($101.25 / SF)
Buyer: CHITWOOD, GREGORY A
Elifin’s Notes: An industrial property changes hands along Jared Drive in Broussard

4635 W Congress St, Lafayette, LA 70506

Type: Land
Price: $325,000 ($0.93 / Land SF)
Buyer: CONCEPCION, EDGARDO DEROSAS; CONCEPCION, VIOLETA
Elifin’s Notes: A pair of local individuals purchase 8+ acres of vacant land along West Congress Street near the Fun Nation, formerly the Skate Zone.

201 Marcon Dr, Lafayette, LA 70507

Type: Industrial
Price: $320,000 ($58.18 / SF)
Buyer: LOUVIERE, STEPHEN ANTHONY
Elifin’s Notes: A two-building industrial property sells off of North University Avenue heading towards Scott

203 Shenandoah Dr, Broussard, LA 70518

Type: Land
Price: $300,000 ($4.78 / Land SF)
Buyer: PARISH BREWING COMPANY LLC
Elifin’s Notes: Parish Brewing Company purchases the 1.4+ acre vacant commercial parcel of land adjacent to their Broussard location

4520 Moss St, Lafayette, LA 70507

Type: Retail
Price: $240,000 ($84.66 / SF)
Buyer: PLUMBAR, JOSEPH; PLUMBAR, MELISSA
Elifin’s Notes: A pair of area individuals purchase a former dance studio retail property on Moss Street near East Gloria Switch Road

113 E Pine St, Lafayette, LA 70501

Type: Retail
Price: $130,000
Buyer: TCW OF LAFAYETTE LLC
Elifin’s Notes: A pair of local investors purchase two self-service car wash properties on the Northside of Lafayette

939 W Pont Des Mouton Rd, Lafayette, LA 70507

Type: Industrial
Price: Withheld
Buyer: STIRLING LAFAYETTE INDUSTRIAL LLC
Elifin’s Notes: Stirling Lafayette Industrial LLC purchases the former Glazers Industrial property, with office and warehouse space sitting on 16+ acres, located West of I-49 along West Pont Des Mouton Road

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1606 KALISTE SALOOM RD	Sign – Wall Sign (C) 7500	N/A	[O] N/A [C] TITAN SIGN COMPANY, THOMAS EGGERS
1206 E BROUSSARD RD	Sign – Wall Sign (C) 2800	N/A	[O] N/A [C] ALL STAR SIGNS & SPECIALTIES, HUNTER TRAHAN
1458 SURREY ST	Addition / Alteration / Repair (C) 0	Addition of a 3000 s.f. tool storage area.	[O] N/A [C] N/A
4419 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) 0	The scope of work for this project is the demising of an existing single tenant building into four tenant spaces and a separate landlord room and receiving corridor. Work to include but not limited to selective demolition, exterior façade updates with new structural framing and storefront, new exterior concrete walks and ramps at new door locations, interior demising walls, new HVAC rooftop units, utility stubs to each tenant space for gas/electrical/plumbing, relocation of sprinkler system to landlord room with upgraded system and distribution.	[O] N/A [C] N/A
106 ROOSEVELT ST	Addition / Alteration / Repair (C) 0	Moving of existing single family home on to the rear of the property.	[O] N/A [C] N/A
1508 KALISTE SALOOM RD	Addition / Alteration / Repair (C) 0	Existing facility is 2,281 square feet and we are proposing to add 1,432 square feet of office space and a unisex handicapped restroom, bringing the total square footage to 3,713.	[O] N/A [C] N/A
301 RAYBURN ST	Electrical Standalone (C) 0	Change out electrical panel in Apt. #558, building #36	[O] N/A [C] N/A
301 RAYBURN ST	Electrical Standalone (C) 0	Change out electrical panel in Apt. #658, building #36	[O] N/A [C] N/A
1400 S ORANGE ST	Electrical Standalone (C) 0	Change out main switchgear and sub panels at Paul Breaux Middle School. This is for the panel change-outs only. The new service will be applied for on a separate permit.	[O] N/A [C] N/A
201 PORTER LN #1	Electrical Standalone (C) 0	pole for park	[O] N/A [C] N/A
121 CHERRY ST	Electrical Standalone (C) 0	ADD SERVICE	[O] N/A [C] N/A
102 VANBUREN DR	Electrical Standalone (C) 0	general to get utilities on	[O] N/A [C] N/A
129 E KALISTE SALOOM RD #A	Electrical Standalone (C) 0	We’re rerunning the power from the transformer to the meter base, so technically it’s an electrical service update. We’ll need an open transformer as well but we’ll call that in the morning we go out. UNIT A JUST POPPED UP	[O] N/A [C] N/A
715 E KALISTE SALOOM RD	Electrical Standalone (C) 0	Will be used for Salon. Property Manager told me I needed Electrical Inspection since elect has been off for a while.	[O] N/A [C] N/A
100 AMERICAN BLVD	Plumbing Standalone (C) 0	Leak repair	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
230 JENKINS RD	Plumbing Standalone (C) 0	FAUCET FOR MHP	[O] N/A [C] N/A
301 GUIDRY RD	Plumbing Standalone (C) 0	N/A	[O] N/A [C] NAVARRE’S PLUMBING, TYLER NAVARRE
4710 JOHNSTON ST	Plumbing Standalone (C) 0	Installed 6″ fire main and 2″ Backflow	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
5715 JOHNSTON ST	Plumbing Standalone (C) 0	Two Backflow: (1) Fire and (1) Domestic	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
3123 JOHNSTON ST	Reroof (C) 0	Re Roofing existing roof.	[O] N/A [C] N/A
5521 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign (C) 0	N/A	[O] N/A [C] N/A
1606 KALISTE SALOOM RD	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.

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