“The Point” property at the corner of Simcoe and Surrey sells

The April 29, 2024 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $5.2M in disclosed volume. The headline deal: BAYCO HOLDINGS LLC paid $1.52M ($126.67/SF) for an industrial building under construction, with 2,746 SF of office and 9,254 SF of warehouse space, in the Garber Industrial Park in Broussard. Industrial led the week with three of the eight sales, while Alabama-based Chupek Family Investments paid $1.45M for the property at the corner of Simcoe and Surrey known as "the point" and local developers bought 6.1+ acres on the Target Loop behind the PetSmart for $610K.

By ELIFIN® Source: ELIFIN transaction database

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8Commercial sales recorded
$5.2MDisclosed volume (8 of 8 sales)
$1.52MLargest sale · 101 Oil Patch Road
3Industrial sales, the most active type

Commercial Sales Recorded Last Week 8 sales

101 Oil Patch Road, Broussard, LA 70518

101 Oil Patch Road

  • Industrial
  • Broussard

$1,520,000 $126.67 / SF

An under construction industrial building, which will have 2,746 sq ft of office space and 9,254 sq ft of warehouse space, sells within the Garber Industrial Park in Broussard

BuyerBAYCO HOLDINGS LLC

900 East Simcoe Street, Lafayette, LA 70501

900 East Simcoe Street

  • Retail
  • Lafayette

$1,450,000 $62.84 / SF

Alabama-based Chupek Family Investments purchases the property situated at the corner of Simcoe & Surrey, commonly known as "the point"

BuyerCHUPEK FAMILY HOLDINGS LLC

4714 Cameron St, Lafayette, LA 70506

4714 Cameron St

  • Industrial
  • Lafayette

$695,000 $38.61 / SF

Jones Environmental purchases an industrial property on Cameron Street

BuyerJONES ENVIRONMENTAL INC

300BLK Target Loop, Lafayette, LA 70506

300BLK Target Loop

  • Land
  • Lafayette

$610,130 $2.27 / Land SF

Local developers purchase 6.1+ acres of vacant land along the Target Loop behind the PetSmart

BuyerCREEKVIEW DEVELOPMENT LLC

326 Mineral Rd, Broussard, LA 70518

326 Mineral Rd

  • Office
  • Broussard

$295,000 $92.19 / SF

Local investors purchase an office property within the Voorhies Industrial Park in Broussard

BuyerWHITE TIGER HOLDINGS LLC

109 Limoges Street, Duson, LA 70529

109 Limoges Street

  • Multifamily
  • Duson

$260,000 $32,500 / unit

Texas-based entity picks up two quadraplexes, 8-units, in Duson

BuyerMEUDON LIMOGES LLC

801 Avenue A, Scott, LA 70583

801 Avenue A

  • Land
  • Scott

$215,000 $1.87 / Land SF

A pair of Lafayette investors purchase a 2.6+ acre vacant parcel of land in Scott

BuyerGAUTHREAUX, BRADY JAMES; GAUTHREAUX, EMILEE

165B Industrial Parkway, Lafayette, LA 70508

165B Industrial Parkway

  • Industrial
  • Lafayette

$157,000 $52.33 / SF

Toucan Gaming purchases the warehouse on the parcel next to the property they purchased earlier this year

BuyerTOUCAN GAMING LLC

Commercial Permits Issued Last Week 35 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
515 CATHEDRAL STDemo (C)$99,580N/AO Cathedral of St. John the EvangelistC J.B. MOUTON, L.L.C., Billeaud, Robert Paul
4406 JOHNSTON STSign – Wall Sign (C)$6,125N/AO N/AC Deep South Signs LLC, Morgan Bruce Descant
203 W BRENTWOOD BLVDAddition / Alteration / Repair (C)$0Renovate interior office space only – build wall to create new office, conference room and a reception area SUITE 3O N/AC KEITH WAYNE KISHBAUGH, Kishbaugh, Keith Wayne
1927 W UNIVERSITY AVEAddition / Alteration / Repair (C)$0converting office/storage space into walk in coolerO N/AC N/A
302 TOWN CENTER PKWYAddition / Alteration / Repair (C)$0Remodel of current ChurchO N/AC N/A
1314 WALKER RDAddition / Alteration / Repair (C)$0IN GENERAL, ALL WORK IS – INTERIOR RENOVATION OF THE TRAINING ROOM AREA OF AN EXISTING CAMPUS. THIS SPACE WAS PREVIOUSLY THE TRAINING ROOM AND WILL CONTINUE TO BE THE SAME PROGRAM WITH MODIFICATIONS TO EXISTING LAYOUT. THESE INCLUDE A TRAINING ROOM BREAK AREA AND A PARTITIONED OFF TECH AREA.O N/AC N/A
2512 KALISTE SALOOM RDAddition / Alteration / Repair (C)$0Interior TI and Patio addition for new restaurant in existing shell (Ground Pati)O N/AC N/A
1455 W WILLOW STAddition / Alteration / Repair (C)$0Renovation to existing credit union and addition of an office building. This permit for Ph 2 – Main Office Renovation (Fees and Approvals on 2023-165)O N/AC C.M. MICIOTTO & SON, INC.
1455 W WILLOW STAddition / Alteration / Repair (C)$0Renovation to existing credit union and addition of an office building. This permit for Ph 2 – Main Office Renovation (Fees and Approvals on 2023-165)O N/AC BUTCHER AIR CONDITIONING CO, ROBERT L BUTCHER
1455 W WILLOW STAddition / Alteration / Repair (C)$0Renovation to existing credit union and addition of an office building. This permit for Ph 2 – Main Office Renovation (Fees and Approvals on 2023-165)O N/AC BENNY PREJEAN SERVICE CO INC, BENNETT PREJEAN
1455 W WILLOW STAddition / Alteration / Repair (C)$0Renovation to existing credit union and addition of an office building. This permit for Ph 2 – Main Office Renovation (Fees and Approvals on 2023-165)O N/AC JUDICE SERVICES INC, GRANT GONDRON
101 VENTURE WAYAddition / Alteration / Repair (C)$0We plan on saw cutting a 12'x12' hole into a block wall to install a garage style roll up door. We are planning on pouring a concrete slab that will connect the building to the original parking lot. We will be building a chain link fence around this new slab and door.O N/AC N/A
W Willow StreetCommercial New Construction$0New Construction of commerical hotel ****Closed as per Krishna****O Shari Hari of Scott, LLC, Nayan PatelC N/A
1128 E MILTON AVECommercial New Construction$0The WTP consists of installation of 3 water wells, service pumps, 2 – 500k gallon bolted galvanized steel ground storage tanks, 6 – pressure filter tanks, CL2 chemical systems, yard piping, minor sitework, structural fill, grading, drainage systems and limestone paving. The Chemical Building is a combination of CMU and Pre-engineered Metal Building Construction. The Filter and the Service Pump Station Buildings are Pre-engineered Metal Building Construction.O N/AC N/A
138 JOMELA DRCommercial New Construction$0TWO (2) 6,995 SF GROUP HOME FACILITIES WITH 16 BEDROOMS EACH FOR ELDERLY RESIDENTS AND A MAXIMUM STAFF OF 4 STAFF PER HOME. STAFF WILL BE PRESENT 24 HOURS PER DAY BUT WILL NOT SLEEP ON PREMISES.O N/AC N/A
111 GALBERT RDCommercial New Construction$0Moving mobile trailer for office use onto propertyO N/AC N/A
616 S BUCHANAN STElectrical Standalone (C)$024 POLES FOR FESTIVAL INTERNATIONALE SEE ATTACHMENT OF LOCATIONS OF POLESO FESTIVAL INTERNATIONALEC N/A
2129 N UNIVERSITY AVEElectrical Standalone (C)$0Repairing the burnt service.O N/AC N/A
120 TOLEDO DRElectrical Standalone (C)$0OFF MORE THAN 6MTHSO N/AC N/A
620 DULA ST #AElectrical Standalone (C)$0TREE FELL ON SERVICEO N/AC RICHOUX ELECTRIC INC, RANDY RICHOUX
403 EDISON STElectrical Standalone (C)$0REPLACE POLEO N/AC N/A
3225 LOUISIANA AVEElectrical Standalone (C)$0RTU-12 Disconnect, install 100a breaker, run wire, reconnection new unit same location; RTU-14 Disconnect, install 80a breaker, run wire, reconnect new unit same location.O N/AC N/A
129 JACE STPlumbing Standalone (C)$0Water service to sewer pump station and treatment plant site.O N/AC C G LOGAN CONSTRUCTION, KENT RICHE
100 WINCHESTER DRPlumbing Standalone (C)$0New install for building 1&2O N/AC DARREN AUCOIN'S PLUMBING, DARREN AUCOIN
100 WINCHESTER DRPlumbing Standalone (C)$0New backflow install, apartment #3O N/AC DARREN AUCOIN'S PLUMBING, DARREN AUCOIN
100 WINCHESTER DRPlumbing Standalone (C)$0New backflow install for building #4O N/AC DARREN AUCOIN'S PLUMBING, DARREN AUCOIN
100 WINCHESTER DRPlumbing Standalone (C)$0New backflow install for building #5O N/AC DARREN AUCOIN'S PLUMBING, DARREN AUCOIN
100 WINCHESTER DRPlumbing Standalone (C)$0New backflow install for building #7O N/AC DARREN AUCOIN'S PLUMBING, DARREN AUCOIN
100 WINCHESTER DRPlumbing Standalone (C)$0New backflow install building #8O N/AC DARREN AUCOIN'S PLUMBING, DARREN AUCOIN
4511 AMBASSADOR CAFFERY PKWYPlumbing Standalone (C)$0Replacing fire line bypass backflow preventer at restaurant. MR WELCH IS SENDING JUSTIN TO PAY. OK FOR JUSTIN TO PAY CASH KgO N/AC LOUISIANA FIRE EXTINGUISHER INC AND C & I SUPPLY, THOMAS WELCH
901 BERTRAND DRSign – Freestanding (C)$0N/AO N/AC N/A
415 ROBLEY DRSign – Freestanding (C)$0N/AO N/AC N/A
709 KALISTE SALOOM RDSign – Wall Sign (C)$0N/AO N/AC N/A
103 CLARA STSign – Wall Sign (C)$0N/AO N/AC N/A
2429 W CONGRESS STSign – Wall Sign (C)$0N/AO N/AC N/A
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