The Pulse LFT: Two gas stations sell on Rue De Belier

A weekly update on the commercial real estate landscape of Lafayette.

Commercial Sales Recorded Last Week

234 Duhon Rd, Lafayette, LA 70506
234 Duhon Rd, Lafayette, LA 70506

Type: Retail
Price: $3,500,000 ($792.57 / SF)
Buyer: SINGH55 LLC
Elifin’s Notes: A convenience store/gas station property changes ownership at the corner of Duhon Road and Rue De Belier.

485 Ridge Rd, Lafayette, LA 70506
485 Ridge Rd, Lafayette, LA 70506

Type: Retail
Price: $2,050,000 ($716.03 / SF)
Buyer: SINGH53 LLC
Elifin’s Notes: A convenience store/gas station property changes ownership at the corner of Ridge Road and Rue De Belier.

600 St Etienne Rd, Broussard, LA 70518
600 St Etienne Rd, Broussard, LA 70518

Type: Industrial
Price: $2,000,000 ($78.41 / SF)
Buyer: SUBSTANTIA PROPERTIES LLC
Elifin’s Notes: Substantia Properties LLC acquires an industrial property on Saint Etienne Road.

Tract 5-C2 St Etienne Rd, Broussard, LA 70518
Tract 5-C2 St Etienne Rd, Broussard, LA 70518

Type: Land
Price: $600,000 ($5.08 / Land SF)
Buyer: SUBSTANTIA PROPERTIES LLC
Elifin’s Notes: Substantia Properties LLC acquires, as part of a separate purchase, the 2 acre tract next to their recently purchased industrial property on Saint Etienne Road.

116, 118, 120, 122 Lafferty Dr, Broussard, LA 70518
116, 118, 120, 122 Lafferty Dr, Broussard, LA 70518

Type: Industrial
Price: $375,000 ($62.17 / SF)
Buyer: JOJO LAND LLC
Elifin’s Notes: An industrial property, along with three vacant parcels, sells on Lafferty Drive.

903 Myrtle Pl, Lafayette, LA 70506
903 Myrtle Pl, Lafayette, LA 70506

Type: Office
Price: $306,000 ($146.20 / SF)
Buyer: LONGANACRE, MICHAEL
Elifin’s Notes: This property was recently rezoned allowing light commercial use and has vacant lots for potential development with frontage on Congress Street.

1220 N University Ave, Lafayette, LA 70506
1220 N University Ave, Lafayette, LA 70506

Type: Mixed-Use
Price: $230,000 ($69.70 / SF)
Buyer: J&L REAL ESTATE LLC
Elifin’s Notes: J & L Real Estate LLC acquires a used auto property along with a residential home on North University Avenue.

800 Blk Hector Connoly Rd, Carencro, LA 70520
800 Blk Hector Connoly Rd, Carencro, LA 70520

Type: Land
Price: $175,000 ($0.32 / Land SF)
Buyer: DOUCET, JADE
Elifin’s Notes: A 12.5+ acre parcel of land sells on Hector Connoly Road.

5521 Ambassador Caffery Pkwy, Youngsville, LA 70592
5521 Ambassador Caffery Pkwy, Youngsville, LA 70592

Type: Retail
Price: Withheld
Buyer: GABRIEL S LLC
Elifin’s Notes: A retail property changes ownership across from Avanti Senior Living in Youngsville.


Commercial Permits Issued Last Week


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
marketing@elifinrealty.com
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