The Pulse LFT: Plantation Inn Motel on NE Evangeline sells

07 Aug The Pulse LFT: Plantation Inn Motel on NE Evangeline sells

Posted at 09:02h 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

1710 W Willow St

Type: Industrial
Price: $2,200,000 ($45.83 / SF)
Buyer: 5H ACADIANA LLC
Elifin’s Notes: Local investor purchases an industrial property sitting on ±8 acres on West Willow near I-10

2810 NE Evangeline Thruway

Type: Hospitality
Price: $2,000,000 ($24,096 / Unit)
Buyer: HOME EXPRESS INN LLC; FASTRACK PROPERTY INTL LLC
Elifin’s Notes: New York based entity purchases the Plantation Inn Motel near I-49 and East Pont Des Mouton Road

600 Settlers Trace Blvd

Type: Land
Price: $1,259,459 ($21.50 / Land SF)
Buyer: DOPHAMILY INVESTMENT LLC
Elifin’s Notes: Investors purchase 1.34+ acres of vacant commercial land at the intersection of Settlers Trace Boulevard and West Farrel Road

107 W Main St

Type: Retail
Price: $559,000 ($90.16 / SF)
Buyer: THAMES GROUP LLC
Elifin’s Notes: In one of three similar transactions, an auto parts operator purchases an auto parts retail property, operated by the Himel family.

111 Jared Dr

Type: Industrial
Price: $425,000 ($106.25 / SF)
Buyer: JAKA HOLDINGS LLC
Elifin’s Notes: Local investor purchases an industrial property in Broussard near Parish Brewing Co

257 Mecca St

Type: Industrial
Price: $365,000 ($92.17 / SF)
Buyer: AEH CAPITAL LLC
Elifin’s Notes: New Orleans-based investor purchases an industrial warehouse property right off of South College Road near the Airport

108 Banks Ave

Type: Retail
Price: $350,000 ($28.46 / SF)
Buyer: THAMES GROUP LLC
Elifin’s Notes: In one of three similar transactions, an auto parts entity purchases a general retail/industrial property operated by the Himel family

1912 Jefferson St

Type: Retail
Price: $265,000 ($35.33 / SF)
Buyer: THAMES GROUP LLC
Elifin’s Notes: In one of three similar transactions, an auto parts entity purchases an auto parts retail property, operated by the Himel family.

327 Craftsman Rd

Type: Industrial
Price: $185,500 ($15.58 / SF)
Buyer: LABBE, JACOB
Elifin’s Notes: Local investor purchases a warehouse property on 2.56 acres in Carencro

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
5709 JOHNSTON ST	Sign – Freestanding (C) $4,500.00	N/A	[O] N/A [C] Unisignco, Amanda Schott
2014 JOHNSTON ST	Sign – Wall Sign Electrical (C) $3,250.00	N/A	[O] N/A [C] JGWM Signs, LLC, Wesley Gaspar
1737 N UNIVERSITY AVE	Addition / Alteration / Repair (C) $0.00	Interior remodel	[O] N/A [C] N/A
Acadian Hills	Commercial New Construction $0.00	Clearing and Earthwork	[O] PriceCo West LC, Brent LeBlanc [C] N/A
1900 E BROUSSARD RD	Commercial New Construction $0.00	New Convenience store to be build According to plan details and specifications.	[O] N/A [C] N/A
103 WESTWOOD DR	Electrical Standalone (C) $0.00	Change out electrical panel in apt.#250, building #8	[O] N/A [C] N/A
411 WOODVALE LA	Electrical Standalone (C) $0.00	CHANGING OUT PARTS ON METER BASE	[O] WOODVALE PLACE APTS [C] N/A
1417 E WILLOW ST	Electrical Standalone (C) $0.00	ID METER PANS & CIRCUITS	[O] N/A [C] N/A
1417 E WILLOW ST	Electrical Standalone (C) $0.00	ID METER PANS & CIRCUITS	[O] N/A [C] N/A
1417 E WILLOW ST	Electrical Standalone (C) $0.00	ID METER PANS & CIRCUITS	[O] N/A [C] N/A
519 BROTHERS RD	Electrical Standalone (C) $0.00	Panel install for neighborhood lighting and gates TALKED WITH KEITH KISHBAUGH@ 7:16 ADDRESS IS 519 BROTHERS RD	[O] N/A [C] N/A
1423 E WILLOW ST	Electrical Standalone (C) $0.00	GENERAL INSPECTION TO GET UTILITIES ON	[O] POTPOURRI VILLAGE INC [C] RELIANCE ELECTRICAL CONTRACTORS, LLC, JOHN BOURQUE
1423 E WILLOW ST	Electrical Standalone (C) $0.00	GENERAL INSPECTION TO GET UTILITIES ON	[O] N/A [C] RELIANCE ELECTRICAL CONTRACTORS, LLC, JOHN BOURQUE
1423 E WILLOW ST	Electrical Standalone (C) $0.00	GENERAL INSPECTION TO GET UTILITIES ON	[O] POTPOURRI VILLAGE INC [C] RELIANCE ELECTRICAL CONTRACTORS, LLC, JOHN BOURQUE
1423 E WILLOW ST	Electrical Standalone (C) $0.00	GENERAL INSPECTION TO GET UTILITIES ON	[O] N/A [C] RELIANCE ELECTRICAL CONTRACTORS, LLC, JOHN BOURQUE
1423 E WILLOW ST	Electrical Standalone (C) $0.00	GENERAL INSPECTION TO GET UTILITIES ON	[O] N/A [C] RELIANCE ELECTRICAL CONTRACTORS, LLC, JOHN BOURQUE
1423 E WILLOW ST	Electrical Standalone (C) $0.00	GENERAL INSPECTION TO GET UTILITIES ON	[O] N/A [C] RELIANCE ELECTRICAL CONTRACTORS, LLC, JOHN BOURQUE
1423 E WILLOW ST	Electrical Standalone (C) $0.00	GENERAL INSPECTION TO GET UTILITIES ON	[O] N/A [C] RELIANCE ELECTRICAL CONTRACTORS, LLC, JOHN BOURQUE
425 TOBY MOUTON RD #1	Electrical Standalone (C) $0.00	Changing the pole for the service.	[O] N/A [C] N/A
425 TOBY MOUTON RD #2	Electrical Standalone (C) $0.00	Changing the pole for the service	[O] N/A [C] N/A
200 MERCHANTS BLVD	Electrical Standalone (C) $0.00	Meter has been shut off for more than 6 months and needs inspection before turning power back on (apt. 175)	[O] N/A [C] N/A
100 ZACHARY DR	Electrical Standalone (C) $0.00	RESTORE POWER FOR METER BASE	[O] N/A [C] N/A
309 POLK ST	Electrical Standalone (C) $0.00	CHANGE OUT MAIN BREAKER	[O] N/A [C] N/A
137 SOUTHFIELD PKWY	Electrical Standalone (C) $0.00	Changing out a 4 meter base to 4 individual panels. All fed by 1 service.	[O] N/A [C] N/A
609 Settlers Trace BLVD	Mechanical Standalone (C) $0.00	Replace 3 Rtu’s on new Lafayette Popshelf retail store. Remove existing units, set new units and reconnect to existing controls and service disconnect. Also extend drain lines to properly drain into building rain runoff systems TOTAL 30 TONAGE	[O] CALAFLA001 LL ARG [C] All-American Mechanical LLC, BRIAN LUCIEN Colletti
2350 W CONGRESS ST	Mechanical Standalone (C) $0.00	CHANGE OUT UNITS —TOTAL OF 8 TONS	[O] N/A [C] ALL FLORIDA MECHANICAL SERVICES, PETER WYCKOFF
611 VEROT SCHOOL RD	Plumbing Standalone (C) $0.00	We will tap into gas on outside and drill through wall with 1” galvanized pipe. We will reroute water lines in attic about 10’ to feed heater	[O] N/A [C] CJ’S PLUMBING REPAIR, CONNIE J GOULAS
1400 CAMELLIA BLVD	Plumbing Standalone (C) $0.00	New one story restaurant with outdoor dining at the corner of Kaliste Saloom and Camillia Blvd	[O] N/A [C] Kent Design Build
1400 CAMELLIA BLVD	Plumbing Standalone (C) $0.00	New one story restaurant with outdoor dining at the corner of Kaliste Saloom and Camillia Blvd	[O] N/A [C] MOULIS MECHANICAL, INC., Moulis, David
1400 CAMELLIA BLVD	Plumbing Standalone (C) $0.00	New one story restaurant with outdoor dining at the corner of Kaliste Saloom and Camillia Blvd	[O] N/A [C] C G LOGAN CONSTRUCTION, STEVE RICHE
1400 CAMELLIA BLVD	Plumbing Standalone (C) $0.00	New one story restaurant with outdoor dining at the corner of Kaliste Saloom and Camillia Blvd	[O] N/A [C] MOULIS MECHANICAL, INC., Moulis, David
1400 CAMELLIA BLVD	Plumbing Standalone (C) $0.00	New one story restaurant with outdoor dining at the corner of Kaliste Saloom and Camillia Blvd	[O] N/A [C] MOULIS MECHANICAL INC, DAVID MOULIS
4710 JOHNSTON ST	Sign – Wall Sign (C) $0.00	N/A	[O] N/A [C] N/A
417 NE EVANGELINE THWY	Sign – Wall Sign (C) $0.00	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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