The Pulse LFT: Youngsville industrial property sells for 3.98mm

09 Sep The Pulse LFT: Youngsville industrial property sells for 3.98mm

Posted at 09:20h 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

512 Viaulet Rd, Youngsville, LA 70592

Type: Industrial
Price: $3,977,125 ($235.79 / SF)
Buyer: TRW HOLDINGS LLC
Elifin’s Notes: An industrial building with both office and warehouse space sells in Youngsville.

102, 104 Patriot Ave, Lafayette, LA 70508

Type: Land
Price: $1,943,000 ($10.33 / Land SF)
Buyer: LAFAYETTE REHAB PROPERTY LLC
Elifin’s Notes: A group of local investors purchase a 4+ acre parcel of vacant commercial land off of Kaliste Saloom Road near the Comeaux Recreation Center.

Tract 3 of Parcel 1, Parcel 4 Picard Rd, Lafayette, LA 70508

Type: Land
Price: $1,140,000 ($0.39 / Land SF)
Buyer: SABBAGHIAN DEVELOPMENT LLC
Elifin’s Notes: A local investor purchases 67+ acres of vacant land near Picard Park.

20.44 Acres N University Ave, Lafayette, LA 70507

Type: Land
Price: $500,000 ($0.56 / Land SF)
Buyer: LAYNES LANDING DEVELOPMENT LLC
Elifin’s Notes: This is one of the neighboring land parcels purchased by Layne’s Landing Development LLC across the street from Live Oak Elementary.

36.851 Acres E Willow St, Lafayette, LA 70501

Type: Land
Price: $285,000 ($0.18 / Land SF)
Buyer: GARDINER ENTERPRISES LLC
Elifin’s Notes: A 36.8+ acre parcel of land, part of an existing tract, sells to Gardiner Enterprises LLC.

9.22 Acres N University Ave, Lafayette, LA 70507

Type: Land
Price: $180,000 ($0.45 / Land SF)
Buyer: LAYNES LANDING DEVELOPMENT LLC
Elifin’s Notes: This is one of the neighboring land parcels purchased by Layne’s Landing Development LLC across the street from Live Oak Elementary.

500BLK Garber Rd, Broussard, LA 70518

Type: Land
Price: $138,000 ($1.54 / Land SF)
Buyer: LAFAYETTE FOUNDATION CLINIC INC
Elifin’s Notes: Lafayette Foundation Clinic has acquired a 2+ acre parcel of vacant land in Broussard.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
103 BEAULAC LN	Addition / Alteration / Repair (C) $1,486,000	PROJECT CONSISTS OF 2-STORY WD. FRAMED CONSTRUCTION (INTERIOR AND EXTERIOR FRAMING), BUSINESS ON FIRST FLOOR, RESIDENCE ON SECOND FLOOR, GYP. BD. PARTITIONS, ACOUSTICAL CEILINGS (FIRST FLOOR), GYP. BD. CEILINGS (SECOND FLOOR), FIRE PROTECTIONS, HVAC, PLUMBING, AND ELECTRICAL SYSTEMS.	[O] N/A [C] N/A
500 blk Garber Road	Commercial New Construction $90,000	Adding a 40’x100′ warehouse to lot	[O] N/A [C] N/A
4600 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	New 4,855 sf Chapel addition to existing hospital.	[O] N/A [C] N/A
214 JEFFERSON ST	Addition / Alteration / Repair (C) $0	TENANT IMPROVEMENT OF A PORTION OF THE FIRST FLOOR OF THE EXISTING WASHINGTON LIFE BUILDING. THE SCOPE OF WORK IS MINOR MODIFICATIONS TO AREA OF WORK INDICATED IN THESE CONTRACT DOCUMENTS AND MISCELLANEOUS FINISH CHANGES FOR THE NEW TENANT – LA PHYSICAL THERAPY BOARD.	[O] N/A [C] N/A
5725 Johnson Street,	Addition / Alteration / Repair (C) $0	Temporary Acrobatic Cirque Style Show under a Tent. Set up of 2 Tents for an event on the existing parking lot of the mall. Main Tent – 131 ft. round. Entrance Tent – 42ft. x 110ft.	[O] N/A [C] N/A
608 N.Pierce	Addition / Alteration / Repair (C) $0	CEMENT SLAB WITH METAL BUILDING,BRICK FRONT EXTERIOR, DUPLEX STYLE A SIDE BARBERSHOP AND B SIDE SHORT ORDER KITCHEN (ONLY ORDERS TO GO).	[O] N/A [C] N/A
113 JAPONICA DR	Addition / Alteration / Repair (C) $0	babershop and takeout kitchen duplex style	[O] N/A [C] N/A
104 QUINCY LN	Commercial New Construction $0	New Warehouse	[O] N/A [C] N/A
1920 W UNIVERSITY AVE	Demo (C) $0	THIS IS FOR A SIGN	[O] N/A [C] DEMOLITION DOCTOR & CONSTRUCTION LLC, Troy Jason Lebanc
203 JACE ST	Electrical Standalone (C) $0	INSTALLING A 60AMP POLE FOR FOUTAIN	[O] N/A [C] N/A
202 JACE ST	Electrical Standalone (C) $0	INSTALLING 60AMP POLE FOR FOUNTAIN	[O] N/A [C] N/A
130 JACE ST	Electrical Standalone (C) $0	INSTALLING 60AMP POLE FOR FOUTAIN	[O] N/A [C] N/A
129 JACE ST	Electrical Standalone (C) $0	INSTALLING 60AMP POLE FOR FOUNTAIN	[O] N/A [C] N/A
203 JACE ST	Electrical Standalone (C) $0	INSTALLING POLE FOR FOUNTAIN	[O] N/A [C] N/A
101 GOLDEN VINEYARD WAY	Electrical Standalone (C) $0	SERVICE FOR LANDSCAPE POWER	[O] N/A [C] N/A
811 MARTIN LUTHER KING JR DR	Electrical Standalone (C) $0	CHANGING OUT 12 EXISTING FPE PANELS WITHIN BUILDING ALONG WITH 1600 AMP MAIN SERVICE.	[O] N/A [C] BIENVENU CONSTRUCTION COMPANY, INC., MARTIN JAMES BIENVENU
220 WILKIE ST	Electrical Standalone (C) $0	Change out electrical panel in apt. #763, building #17	[O] N/A [C] N/A
303 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in apt. #602, building #41	[O] N/A [C] N/A
303 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in apt. #14 building #39	[O] N/A [C] N/A
301 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in apt. #571, building #37	[O] N/A [C] N/A
303 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in apt. #549, building #35	[O] N/A [C] N/A
103 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in apt. #239, building #7	[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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