The Pulse LFT: Red River Bank buys land next to Rouses

28 Oct The Pulse LFT: Red River Bank buys land next to Rouses

Posted at 09:42h 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

1800 Camellia Blvd, Lafayette, LA 70508

Type: Land
Price: $1,962,814 ($30.04 / Land SF)
Buyer: RED RIVER BANK
Elifin’s Notes: Red River Bank has acquired a 1.5+ acre parcel of land adjacent to the Rouses at the intersection of Camellia Boulevard and East Bluebird Drive.

109 Spinner Dr, Broussard, LA 70518

Type: Industrial
Price: $1,050,000 ($134.20 / SF)
Buyer: TRES BIEN VENTURES LLC
Elifin’s Notes: Tres Bien Ventures has acquired an industrial property with office space and a climate controlled warehouse on 2.4+ acres of land.

316 Youngsville Hwy, Lafayette, LA 70508

Type: Retail
Price: $595,000 ($92.97 / SF)
Buyer: FRIOUX INVESTMENT PROPERTIES LLC
Elifin’s Notes: A funeral home property sells along the Youngsville Highway.

104 Destination Pointe Lane, Scott, LA 70583

Type: Land
Price: $565,000 ($14.57 / Land SF)
Buyer: J & D STORES LLC
Elifin’s Notes: A local investor purchases an 0.8+ acre outparcel to the Super 1 Foods in Scott.

100BLK Dillard Dr, Lafayette, LA 70503

Type: Land
Price: $418,176 ($5.00 / Land SF)
Buyer: ASIAN SQUARE LLC
Elifin’s Notes: Asian Square LLC has acquired a 1.9+ acre parcel of land on Dillard Drive at the Ambassador entrance to the Mall.

1105 Young St, Broussard, LA 70518

Type: Industrial
Price: $280,000 ($59.57 / SF)
Buyer: BORDELON COMEAUX PROPERTIES LLC
Elifin’s Notes: Bordelon Comeaux Properties purchases an industrial office/warehouse on Young Street.

3720 W Pinhook Rd, Broussard, LA 70518

Type: Industrial
Price: $205,000 ($63.23 / SF)
Buyer: TRAVIS ELECTRICAL SERVICES LLC
Elifin’s Notes: An industrial warehouse property sells along West Pinhook in Broussard.

330 Guidry St, Lafayette, LA 70501

Type: Office
Price: $150,000 ($157.89 / SF)
Buyer: CONGREGATION OF ST PATRICK ROMAN CATHOLIC CHURCH OF THE PARISH OF LAFAYETTE THE
Elifin’s Notes: The Congregation of Saint Patrick’s Church purchase an office property near the church.

6212 Cameron St, Scott, LA 70583

Type: Industrial
Price: $130,000 ($52.00 / SF)
Buyer: BOURGEOIS POOLS LLC
Elifin’s Notes: A commercial property sells along Cameron Street in Scott.

100 Avenue De Freres, Broussard, LA 70518

Type: Land
Price: $125,000 ($3.24 / Land SF)
Buyer: ALLIANCE RENTAL PROPERTIES LLC
Elifin’s Notes: Alliance Rental Properties acquires an 0.8+ acre parcel of land at the corner of Albertson Parkway and Avenue De Freres.

104 Avenue De Freres, Lafayette, LA 70518

Type: Land
Price: $105,000 ($3.07 / Land SF)
Buyer: DRENKORP LLC
Elifin’s Notes: Drenkorp LLC has acquired a 0.7+ acre parcel of land on Avenue De Freres near Alberston Parkway.

200BLK East Farrel Road, Lafayette, LA 70508

Type: Land
Price: Withheld
Buyer: FARREL DEVELOPMENT LLC
Elifin’s Notes: A group of local investors purchase approximately 4 acres on East Farrel Road.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1604 N UNIVERSITY AVE	Demo (C) $10,000	OK TO SELL PER ERIC ARMENTOR & COMPLIANCE (TAMARA)	[O] ST FRANCIS MOTEL [C] HOME OWNER, DHARMESH PATEL
200 LODGE DR #305	Addition / Alteration / Repair (C) $2,000	REPAIRS OK TO SELL PER SHAUN COURVILLE IN COMPLIANCE REPLACE 8 STUDS ON EXTERIOR WAL ON OUTSIDE UTI;LITY CLOST	[O] N/A [C] 4G STRUCTURES LLC, COREY GUIDRY
807 S HUGH WALLIS RD	Addition / Alteration / Repair (C) $0	REMOVE 4 GUEST ROOMS ADJACENT TO THE OFFICE,TO CREATE ADDITIONAL SPACE FOR OFFICE / CHECK IN AREA.	[O] N/A [C] N/A
411 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $0	Addition to existing building	[O] N/A [C] N/A
1211 COOLIDGE ST	Addition / Alteration / Repair (C) $0	THIS PROJECT CONSISTS OF EQUIPMENT SWAP IN THE EXISTING CT SCAN ROOM LOCATED ON THE 2ND FLOOR OF BURDIN RIEHL AMBULATORY CARE CENTER AT OCHSNER LAFAYETTE GENERAL. THE EQUIPMENT SWAP REQUIRES MINOR CONSTRUCTION WORK TO BE DONE WITHIN THE LIMITS OF THE ROOM TO ACCOMMODATE THE NEW CT EQUIPMENT.	[O] N/A [C] N/A
4801 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	The Work consists of the construction buildout to convert a roof space into a shell space on the second floor of the hospital. Additionally, an office and wet room will be converted into one office space as indicated on the construction documents.	[O] N/A [C] N/A
4600 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	RENOVATION TO APPROX. 1057 SQUARE FEET OF THE EXISTING 1ST. FLOOR OF THIS HOSPITAL FOR NEW MIR SUITE.	[O] N/A [C] N/A
310 RAGGIO RD	Addition / Alteration / Repair (C) $0	1,556 SF open air welding shop addition to existing welding shop and warehouse building to be used for vocational training.	[O] N/A [C] N/A
3225 LOUISIANA AVE	Addition / Alteration / Repair (C) $0	The upgrade will include the removal of (8) existing drive-up spaces and restriping for (12) new drive-up spaces. (2) stop signs with stop bars, a new crosswalk, a new Beacon sign, new signage in the front of each stall, and (1) new light pole in the drive-up area.	[O] N/A [C] N/A
1400 SURREY ST	Addition / Alteration / Repair (C) $0	THE RENOVATION AND ADDITION OF NON-OCCUPIED CAR DEALERSHIP / SHOP INTO A COMMUNTIY HEALTH CENTER.	[O] N/A [C] N/A
2619 S FIELDSPAN RD	Commercial New Construction $0	Construction of covered and open boat and RV storage within a gated area including a concrete driveway and limestone area beyond the entry gate. 3 Phases are shown on the plans. We are currently seeking approval of Phase I only.	[O] N/A [C] N/A
116 VATICAN SQUARE DR	Electrical Standalone (C) $0	Replace pole	[O] N/A [C] N/A
2925 MILLS ST	Electrical Standalone (C) $0	REPAIRED SERVICE ON POLE FOR EXISITNG MH	[O] N/A [C] N/A
419 GENERAL MOUTON AVE	Electrical Standalone (C) $0	Replacing entire meter center. It is a 4 pack. Apt 1-4	[O] N/A [C] N/A
101 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in apt. 230, building 5	[O] N/A [C] N/A
104 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in apt. 381, building 24	[O] N/A [C] N/A
303 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in apt. 502, building 41	[O] N/A [C] N/A
303 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in apt. 19, building 39	[O] N/A [C] N/A
330 FEU FOLLET RD	Electrical Standalone (C) $0	Change out of a meter pack starting to burn up	[O] N/A [C] N/A
7778 JOHNSTON ST	Not Set $0	7778 Johnston ST FEED BUILDING	[O] N/A [C] N/A
105 REPUBLIC AVE #A	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] N/A
1300 CAMELLIA BLVD	Sign – Wall Sign (C) $0	REPLACE ONE (1) EXISTING 12.666T SQ. FT. MONUMENT SIGN WITH NEW MONUMENT SIGN OF SAME SIZE AND IN SAME LOCATION.	[O] N/A [C] N/A
105 Republic Ave	Sign – Wall Sign (C) $0	N/A	[O] Stay APT Suites, AS Manager LLC [C] N/A
105 Republic Ave	Sign – Wall Sign (C) $0	N/A	[O] Stay APT Suites, AS Manager LLC [C] N/A
3636 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
2774 NE EVANGELINE THWY	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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