05 May The Pulse LFT: Youngsville land sells for 2.7mm
A weekly update on the commercial real estate landscape of Lafayette.
Commercial Sales Recorded Last Week

116 Alley 3, Lafayette, LA 70506
Type: Industrial
Price: $2,700,000 ($64.04 / SF)
Buyer: ACADIANA COLD STORAGE LLC
Elifin’s Notes: Acadiana Cold Storage LLC acquires a cold storage warehouse property on Alley 3.

1300 Blk Detente Rd, Youngsville, LA 70592
Type: Land
Price: $2,700,000 ($0.61 / Land SF)
Buyer: S & C DEVELOPERS LLC
Elifin’s Notes: A development group acquires 101+ acres of land in Youngsville.

3470 NE Evangeline Thwy, Lafayette, LA 70507
Type: Retail
Price: $2,400,000 ($387.10 / SF)
Buyer: BEST STOP PROPERTY LLC
Elifin’s Notes: Best Stop Cajun Food purchases their new Carencro location, which sits on over an acre of land.

1601 W Pinhook Rd, Lafayette, LA 70508
Type: Retail
Price: $825,000 ($91.87 / SF)
Buyer: FOREMAN BROTHERS PROPERTIES LLC
Elifin’s Notes: Foreman Brothers Properties LLC acquires a restaurant property off of West Pinhook Road.

215 Rue Louis XIV, Lafayette, LA 70508
Type: Retail
Price: $745,000 ($174.84 / SF)
Buyer: RUE LOUIS RENTALS LLC
Elifin’s Notes: A preschool property on Rue Louis XIV changes hands.

100 Inez Lane, Lafayette, LA 70506
Type: Retail
Price: $687,500 ($112.21 / SF)
Buyer: MDT PROPERTIES LLC
Elifin’s Notes: A retail property formerly occupied by Advance Auto Parts changes ownership off of Ambassador Caffery Parkway.

913 Apollo Rd, Lafayette, LA 70583
Type: Land
Price: $440,326 ($14.04 / Land SF)
Buyer: FIRST SOUTH FARM CREDIT ACA
Elifin’s Notes: A 0.7+ acre lot sells on Apollo Road.

201 Oil Patch Rd, Broussard, LA 70518
Type: Land
Price: $210,000 ($1.79 / Land SF)
Buyer: 201 OIL PATCH MSV LLC
Elifin’s Notes: A 2+ acre parcel of vacant commercial land sells on Oil Patch Road.

1412 Jefferson St, Lafayette, LA 70501
Type: Industrial
Price: Withheld
Buyer: RAK HOLDINGS LLC
Elifin’s Notes: RAK Holdings LLC acquires an industrial warehouse property on Jefferson Street.

105 Dorset Ave, Lafayette, LA 70501
Type: Industrial
Price: Withheld
Buyer: DORSET LLC
Elifin’s Notes: A collection of local investors purchase the former Reptile Tannery industrial property along with two adjacent land parcels.
Commercial Permits Issued Last Week
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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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