Pelican Pointe Shopping Center along Moss St sells

The August 14, 2023 issue covers fourteen commercial sales recorded across Lafayette the previous week, totaling $9.24M in disclosed volume. The headline deal: 110 CAPITAL M LLC paid $2.96M ($46.74/SF) for a pair of large office buildings on Capitol Drive near Feu Follet Road. Land led the week with five of the fourteen sales, including a 3.4+ acre parcel in Broussard bought by FOUNDATIONS CHURCH INC for $450K, while an area developer paid $2.1M for the Pelican Pointe Shopping Center on Moss Street.

By ELIFIN® Source: ELIFIN transaction database

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14Commercial sales recorded
$9.24MDisclosed volume (14 of 14 sales)
$2.96MLargest sale · 110 Capitol Dr
5Land sales, the most active type

Commercial Sales Recorded Last Week 14 sales

110 Capitol Dr

110 Capitol Dr

  • Office

$2,960,000 $46.74 / SF

A pair of large office buildings sell near Feu Follet Road

Buyer110 CAPITAL M LLC

2001 Moss St

2001 Moss St

  • Retail

$2,100,000 $77.21 / SF

Area developer purchases the Pelican Pointe Shopping Center along Moss Street

BuyerOSH INVESTMENTS LLC

3431 W Pinhook Rd

3431 W Pinhook Rd

  • Retail

$850,000 $99.45 / SF

Investors purchase a retail, 3-unit, shopping center along West Pinhook near the Youngsville Highway

BuyerM&M HOLDINGS OF LAFAYETTE LLC

310 Bertrand Dr

310 Bertrand Dr

  • Retail

$700,000 $85.96 / SF

A retail showroom with warehouse property sells along Bertrand near Deano's

BuyerGREAT CRUST LLC

301 Albertson Pkwy

301 Albertson Pkwy

  • Land

$450,000 $3.01 / Land SF

Foundations Church Incorporated acquires a 3.4+ acre parcel of vacant land in Broussard

BuyerFOUNDATIONS CHURCH INC

2817 Bonin Rd

2817 Bonin Rd

  • Industrial

$437,000 $90.33 / SF

Local group purchases an industrial property in Youngsville

BuyerCOMEAUX SIX RENTALS LLC

109 Independence Blvd

109 Independence Blvd

  • Office

$425,000 $212.50 / SF

Local investors purchase an office building property off of Congress between Guilbeau and Ambassador

BuyerJAM INDEPENDENCE LLC

221 Albertson Pkwy

221 Albertson Pkwy

  • Land

$250,000 $2.34 / Land SF

A 2.45+ acre parcel of vacant commercial parcel sells along Albertson Parkway in Broussard

BuyerF4 REALTY LLC

111 Lafferty Dr

111 Lafferty Dr

  • Industrial

$220,000 $55.00 / SF

Local investor purchases an industrial property in Broussard

BuyerLEBLANC, MITCHELL

206 Prides Xing

206 Prides Xing

  • Land

$195,000 $2.73 / Land SF

Vacant commercial land, 1.6+ acres, sells off of Verot between West Pinhook and U.S. 90

BuyerBRANIFF CONSTRUCTION LLC

611 Johnston St

611 Johnston St

  • Retail

$195,000 $225.69 / SF

A commercial lot with a small improvement on 0.22 acres sells at Johnston & Main Streets

BuyerVENABLE, CHRISTOPHER BRETT; VENABLE, STEPHANIE MARIE

4417 Chemin Metairie Pkwy

4417 Chemin Metairie Pkwy

  • Land

$175,000 $4.02 / Land SF

Local investor purchases an acre of land along Chemin Metairie Parkway in Youngsville

BuyerA MENARD PROPERTIES LLC

214 E Amedee Dr

214 E Amedee Dr

  • Land

$150,000 $1.65 / Land SF

A little over 2 acres of vacant commercial land, advertised as "light industrial" sells near Ambassador Caffery in Scott

BuyerANDERSON, KRISTOPHER K

116 Industrial Pkwy

116 Industrial Pkwy

  • Industrial

$135,000 $49.83 / SF

Industrial property sells off of West Pinhook

BuyerATMAC LLC

Commercial Permits Issued Last Week 27 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
3700 E SIMCOE STAddition / Alteration / Repair (C)$107,987N/AO OAKBOURNE COUNTRY CLUBC PELLERIN & WALLACE INC, PELLERIN & WALLACE
116 BERTRAND DRSign – Wall Sign (C)$2,500N/AO N/AC CASTLE ROW CONSTRUCTION, L.L.C., SAM VIATOR
2005 VEROT SCHOOL RDSign – Wall Sign (C)$2,000N/AO N/AC 3D International Custom signs & Design, Inc, Douglas Orgeron
105 SAINT CHRISTOPHER STAddition / Alteration / Repair (C)$0Renovation and remodel of existing parking lot and landscaping area.O N/AC N/A
2913 JOHNSTON STAddition / Alteration / Repair (C)$0The project includes earthwork, grading, and drainage to an approximate 1-acre area within Moncus Park and will develop a grassy area for large dogs to run around within a fenced area. The Dog Park will include a concrete walkway with benches, trash receptacles, and drinking fountains. There will be a small overlook area constructed with a segmental retaining wall for children to view the dogs playing from afar. The area will be enclosed with a vinyl chain-link fence and the existing 4' tall chain-link fence along Coulee Mine will be replaced with the same 6' tall vinyl coated chain-link fence.O N/AC N/A
200 EIGHTEENTH STAddition / Alteration / Repair (C)$0Remodel of old existing building. Metal Panels, Block, Painting and floors.O N/AC N/A
220 W WILLOW STAddition / Alteration / Repair (C)$0THE SCOPE OF THIS PROJECT INVOLVES REPAIRS TO THE EXISTING EXTERIOR PLASTER SYSTEM OF AN EXISTING HEALTH CENTER BUILDING, REMOVAL AND REPLACEMENT OF SOFFIT CEILING PANELS, AND REMOVAL AND REPLACEMENT DOORS AROUND THE EXTERIOR PERIMETER OF THE BUILDING. ASSOCIATED AND OTHER MISCELLANESOUS WORK AS REQUIRED TO PERFORM THE REPAIRS OR RENOVATIONS IDENTIFIED. THE SCOPE ALSO CONTAINS AN ALTNERATE FOR THE REPLACEMENT OF EXISTING CANOPIES AT CERTAIN WINDOWS WITH A MODIFIED FRAMED CONDITION AS INDICATED ON THESE DRAWINGS. THERE IS NO INTERIOR WORK ASSOCIATED WITH THESE MODIFICATIONS, NOR IS THERE ANY WORK TO EXISTING MEP OR OTHER LIFE SAFETY SYSTEMS AS PART OF THIS WORK.O N/AC N/A
201 MEADOW FARM RDAddition / Alteration / Repair (C)$0The construction consists of equipment installations and the interior alteration of a 2,619 SF existing bakery in an existing 150,578 SF, one-story, mercantile occupancy and fully sprinklered building. The work includes but is not limited to structural, mechanical, plumbing and electrical / lighting systems. There are no changes to egress, building footprint or site.O N/AC N/A
3222 AMBASSADOR CAFFERY PKWYAddition / Alteration / Repair (C)$0Installation of an interior roll down door to be used only when building is unoccupied.O N/AC N/A
815 GOLDEN GRAIN RDAddition / Alteration / Repair (C)$0Enclose existing carport cover to add storage than can be protected from the weather.O N/AC N/A
1510 KALISTE SALOOM RDCommercial New Construction$04 buildings, 6 units each. TownhousesO N/AC N/A
208 FREM BOUSTANY DRCommercial New Construction$0THE PROJECT IS A 3800 SF NEW PEDIATRIC CARDIOLOGIST OFFICE WITH SITE WORK FOR FUTURE COMMERICAL DEVELOPMENTO N/AC N/A
919 N PIERCE STElectrical Standalone (C)$0Replacing main panelO N/AC N/A
2171 S FIELDSPAN RDElectrical Standalone (C)$0Station Heights Lift Station & Treatment PlantO N/AC N/A
1308 MOSS STElectrical Standalone (C)$0GENERAL TO GET UTILITIES ONO N/AC N/A
108 MERCHANTS BLVDElectrical Standalone (C)$0Panel has been off for more than 6 months and needs inspection for LUS to turn on. (Apt 20)O N/AC N/A
220 PORTLAND AVEElectrical Standalone (C)$0ADDING SERVICE TO EXISTING BUILDINGO N/AC N/A
1417 E WILLOW STElectrical Standalone (C)$0OFF MORE THAN 6MTHSO N/AC N/A
2865 AMBASSADOR CAFFERY PKWYElectrical Standalone (C)$0Retail Shopping Center suite 135O N/AC N/A
314 MALAPART RDElectrical Standalone (C)$0Changing the pole and service on the pole. Lot #26O N/AC N/A
720 HARDING STElectrical Standalone (C)$0power has been off for a short period of time. need inspection to turn power onO N/AC N/A
1301 VEROT SCHOOL RDElectrical Standalone (C)$0INSTALLING 200 AMP SERVICE CHANGING OUT POLE IN SMITTY'S MHPO N/AC N/A
300 RUE GAMBETTA #APlumbing Standalone (C)$0was a change outO N/AC SOUTHERN IRRIGATION SERVICES LLC, WILLIAM JOSEPH MATTHEWS
339 MONROE STPlumbing Standalone (C)$0apartment complex irrigationO N/AC LAWNWORKS OF LA, JONATHAN WILLIAMS
800 TWELFTH STPlumbing Standalone (C)$0BACKFLOW/ WATER LINEO N/AC MARK LANDRY PLUMBING, MARK LANDRY
2234 KALISTE SALOOM RDPlumbing Standalone (C)$0readyO N/AC SOUTHERN IRRIGATION SERVICES LLC, WILLIAM JOSEPH MATTHEWS
1000 ROBLEY DRSign – Wall Sign (C)$0N/AO N/AC N/A
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