03 May The Pulse: MidCity Apartment Complex Sold

Posted at 07:55h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments
A weekly update on the commercial real estate landscape of Baton Rouge.

Commercial Sales Recorded Last Week

459 Apartment Court Dr
Price: $1,060,000 ($44,167 / Unit)
Buyer: 459 Apartment Court, LLC
Elifin’s Notes: A Florida-based investor purchases 24-unit apartment complex off Government St in Mid-City.
1701 Ryder Dr
Price: $460,000 ($65,714 / Unit)
Buyer: Military Highway Property LLC
Elifin’s Notes: Local multifamily investor purchases 7 unit apartment complex consisting of 2 bed / 1.5 bath townhouse-style units not far from the Staring Lane and Perkins Rd intersection.
15138 Airline Hwy
Price: $2,475,000 ($825 / SF)
Buyer: JPMorgan Chase Bank, NA
Elifin’s Notes: Chase Bank purchases its new location near the corner of Airline Hwy and Highland Rd.
15171 S Harrells Ferry Rd
Price: $295,000 ($84 / SF)
Buyer: Harton Enterprises LLC
Elifin’s Notes: Office building sells off S Harrell’s Ferry Rd near the Jones Creek Rd intersection.

Land Sales

Tract W-1-A-1-A-2 Wooddale Blvd
Price: $100,000 ($2.27 / Land SF)
Buyer: Jerome Serio
Elifin’s Notes: The owner of Hydro-Quip Manufacturing purchases neighboring, vacant lot south of their headquarters on Wooddale Bvd.

Industrial Sales

4301 S Jeffrey Dr
Price: $210,000 ($43 / SF)
Buyer: JP3 Investments LLC
Elifin’s Notes: Warehouse sells near the Airline Hwy and Alco Dr intersection.

 

 

Upcoming Planning Commission Cases

Proposed Live Music Venue/Bar/Lounge on Nicholson
  • Submitted on 3/30/2021 by Joey Wild. Proposed rezoning from Commercial Alcoholic Beverage (restaurant)(C-AB-1) and Light Industrial (M1) to Commercial Alcoholic Beverage (bar and lounge). Existing retail space located inside of 1010 Nicholson will be converted for proposed use.
  • Application – View on Map

 

Commercial Permits Issued Last Week

04/30/2021 // 15295 GEORGE O’NEAL RD BATON ROUGE LA 70817
  • Type: Commercial: New
  • Description: New construction of 1,910 s.f. bldg. for new fast food drive thru A-2 restaurant, replacing existing restaurant (2,161 s.f. building to be demolished and replaced), along with modifications to existing parking lot.
  • Owner: Carl Blum
04/30/2021 // 1460 BLOUNT RD BATON ROUGE LA 70807
  • Type: Commercial: New
  • Description: (EXPEDITED) Church metal building construction
  • Owner: Samuel Shobamowo
04/30/2021 // 7341 STE J JEFFERSON HWY BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Commercial real estate office.
  • Owner: De Dowling
04/30/2021 // 311 E AIRPORT AVE BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Storage and studios space for online boutique
  • Owner: N/A
04/30/2021 // 2515 O’NEAL LN BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Store retailing various items.
  • Owner: Ryan Dumas
04/30/2021 // 7341 STE E JEFFERSON HWY BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Counseling office.
  • Owner: William Couvillion
04/30/2021 // 1097 STE B S FLANNERY RD BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Existing Barbershop Changing name and Ownership (Formally Show Cutz)
  • Owner: Thien Thuong
04/29/2021 // 7819 STE C BLUEBONNET BLVD BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: Hair Salon
  • Owner: Giovanni Mucciacciaro
04/29/2021 // 4753 ALVIN DARK AVE BATON ROUGE LA 70820
  • Type: Occupancy
  • Description: Common area for existing apartment complex
  • Owner: Ezetta Saulny
04/29/2021 // 15847 GERALDINE DR. BATON ROUGE LA 70819
  • Type: Electrical
  • Description: Install (1) dedicated 20 ampere, 120 volt circuit to Liberty Pump equipment for City of Baton Rouge.
  • Owner: Sean Jarrell
04/29/2021 // 1979 BEAUMONT DR BATON ROUGE LA 70806
  • Type: Gas Test
  • Description: Capping off existing gas for demolition permit to be approved @ later date for roof that caved in @ commercial property. After new structure is completed we will replace gas line on roof that was affected approx. 80′ total.
  • Owner: Jonathan
04/29/2021 // 10155 PERKINS ROWE BATON ROUGE LA 70810
  • Type: Commercial: Remodel
  • Description: (EXPEDITED)Interior renovation of single tenant space in existing mixed use building
  • Owner: Josh Galica
04/29/2021 // 1865 77TH AVE BATON ROUGE LA 70807
  • Type: Electrical
  • Description: Install (1) dedicated 20 ampere, 120 volt circuit to Liberty Pump equipment for City of Baton Rouge.
  • Owner: Brittany Jones
04/29/2021 // 5635 GREENWELL SPRINGS RD BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Grocery store selling alcohol.
  • Owner: Nagib Kassem
04/29/2021 // 1509 GOVERNMENT ST BATON ROUGE LA 70802
  • Type: Commercial: Remodel
  • Description: Renovation of 1,100 SF, Suite E in Building B for new Eyebrow Salon, Business Group B. Scope of work includes mechanical, electrical and plumbing.
  • Owner: N/A
04/28/2021 // 11960 BRICKSOME AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Law Office
  • Owner: Willie Stephens
04/28/2021 // 1184 BOB PETTIT BLVD BATON ROUGE LA 70820
  • Type: Occupancy
  • Description: Tent – Restaurant restrooms and port-o-lets on site.
  • Owner: Marc Fraioli
04/28/2021 // 1075 EXECUTIVE PARK AVE BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Graphic Design Service office.
  • Owner: Anthony Jackson
04/28/2021 // 6130 RENOIR AVE BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Nail salon – no new plumbing.
  • Owner: N/A
04/28/2021 // 3564 SHERWOOD ST BATON ROUGE LA 70805
  • Type: Occupancy
  • Description: Rental Property
  • Owner: Steven Gray
04/28/2021 // 6725 STE A-X SIEGEN LN BATON ROUGE LA 70809
  • Type: Electrical
  • Description: Repair to lights and receptacles in the unit. Building Q Suite 29
  • Owner: N/A
04/28/2021 // 8888 JEFFERSON HWY BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Counseling office.
  • Owner: Corinna Hillman
04/28/2021 // 10032 AVENUE I BATON ROUGE LA 70807
  • Type: Occupancy
  • Description: Apartment building
  • Owner: Raja’ee El-Amin
04/28/2021 // 15171 S HARRELL’S FERRY RD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Home Inspection Office
  • Owner: Kiel Harton
04/28/2021 // 36500 GREENWELL SPRINGS RD GREENWELL SPRINGS LA 70739
  • Type: Occupancy
  • Description: Temporary job trailer. Porta-can and bottle water only. The trailer will be on gravel base. Will be located approx 300′ from road next to powerline.
  • Owner: TAYLOR DEGENERES
04/28/2021 // 3019 CHOCTAW DR BATON ROUGE LA 70805
  • Type: Occupancy
  • Description: offices
  • Owner: chris hitchins
04/28/2021 // 14141 AIRLINE HWY BATON ROUGE LA 70817
  • Type: Occupancy
  • Description: Occupancy for Office/warehouse
  • Owner: Natalie Magee
04/28/2021 // 4631 PERKINS RD BATON ROUGE LA 70808
  • Type: Occupancy
  • Description: storage, online women and children’s and store for women and children’s boutique
  • Owner: Jamie Jones
04/27/2021 // 1530 SPANISH TOWN RD BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: LOTUS VILLAGE II – Building 1 (4-plex) SQUARE 14 – 42 UNIT MULTI FAMILY DEVELOPMENT – NEW CONSTRUCTION 4-PLEX
  • Owner: N/A
04/27/2021 // 3165 MISSION DR BATON ROUGE LA 70805
  • Type: Electrical
  • Description: tree fell on service/emergency reconnect
  • Owner: Mildred Trim
04/27/2021 // 7399 HIGHLAND RD BATON ROUGE LA 70808
  • Type: Land Clearing
  • Description: Clearing of lot for new proposed LaRosa Subdivision.
  • Owner: Matt Estopinal
04/27/2021 // 745 N 16TH ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (Expedited) LOTUS VILLAGE II – SQUARE 14 – 42 UNIT MULTI FAMILY DEVELOPMENT – NEW CONSTRUCTION 4-Plex
  • Owner: N/A
04/27/2021 // 8345 FLORIDA BLVD BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Shoe retail store.
  • Owner: Haytham Hamideh
04/27/2021 // 14635 STE 1 S HARRELL’S FERRY RD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Office space for IT company.
  • Owner: Gerald Zylicz
04/27/2021 // 630 N 15TH ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (Expedited) LOTUS VILLAGE lll – BLDG 5 – SQUARE 13 – NEW CONSTRUCTION OF 3198 SF TOWNHOME
  • Owner: N/A
04/27/2021 // 1528 GAYOSA ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (Expedited) LOTUS VILLAGE lll – BLDG 3 – SQUARE 13 – NEW CONSTRUCTION OF 3849 SF 4-PLEX
  • Owner: N/A
04/27/2021 // 1537 GAYOSA ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (Expedited) LOTUS VILLAGE II – BLDG 6 SQUARE 14 – NEW CONSTRUCTION OF 3242 SF 4-PLEX
  • Owner: N/A
04/27/2021 // 4021 W E. HECK CT BATON ROUGE LA 70816
  • Type: Commercial: New
  • Description: New construction of Bldg. E of 3,684 s.f. for Business office use, to have 4 suites: E-1 (893 s.f.), E-2 (917 s.f.), E-3 (917 s.f.) and E-4 (893 s.f.). VB Construction, non-sprinkled.
  • Owner: N/A
04/27/2021 // 715 N 16TH ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (Expedited) LOTUS VILLAGE II – OFFICE SQUARE 14 – NE CONSTRUCTION OF 898 SF OFFICE BUILDING
  • Owner: N/A
04/27/2021 // 1503 NORTH ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (EXPEDITED)LOTUS VILLAGE lll – BLDG 8 -SQUARE 13 – NEW CONSTRUCTION OF 3304 SF TOWNHOME (4-plex)
  • Owner: N/A
04/27/2021 // 622 N 15TH ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (Expedited) LOTUS VILLAGE III – BLDG 12 – SQUARE 13 – NEW CONSTRUCTION OF 3242 SF 4-PLEX
  • Owner: N/A
04/27/2021 // 614 N 15TH ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (Expedited) LOTUS VILLAGE lll – BLDG 6 -SQUARE 13 – NEW CONSTRUCTION OF 3304 SF TOWNHOME (4-plex)
  • Owner: N/A
04/27/2021 // 1522 GAYOSA ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (EXPEDITED) LOTUS VILLAGE lll – BLDG 2 – SQUARE 13 – 42 UNIT MULTI FAMILY DEVELOPMENT – NEW CONSTRUCTION DUPLEX
  • Owner: N/A
04/27/2021 // 833 FRISCO ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: LOTUS VILLAGE I – Bldg. No. 5 (DuPlex) SQUARE 19 – 30 UNIT MULTI-FAMILY DEVELOPMENT-NEW CONSTRUCTION DuPLEX
  • Owner: N/A
04/27/2021 // 1616 GRACIE ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: LOTUS VILLAGE I – Bldg. No. 2 (4-Plex) SQUARE 19 – 30 UNIT MULTI-FAMILY DEVELOPMENT-NEW CONSTRUCTION 4-PLEX
  • Owner: N/A
04/27/2021 // 610 N 15TH ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (Expedited) LOTUS VILLAGE lll – Bldg 7 SQUARE 13 – NEW CONSTRUCTION OF 3304 SF TOWNHOME (4-plex)
  • Owner: N/A
04/27/2021 // 615 N 16TH ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (EXPEDITED)LOTUS VILLAGE III – BLDG 13 – SQUARE 13 – NEW CONSTRUCTION OF 3304 SF TOWNHOME
  • Owner: N/A
04/27/2021 // 744 N 15TH ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (Expedited) LOTUS VILLAGE II – BLDG 10 -SQUARE 14- NEW CONSTRUCTION OF 3849 SF 4-PLEX
  • Owner: N/A
04/27/2021 // 722 N 15TH ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (Expedited) LOTUS VILLAGE II – Bldg 11 SQUARE 14 – NEW CONSTRUCTION OF 3242 SF 4-PLEX
  • Owner: N/A
04/27/2021 // 7310 AIRLINE HWY Baton Rouge LA 70805
  • Type: Occupancy
  • Description: Retail of clothing and accessories only.
  • Owner: raesha ellis
04/27/2021 // 818 N 16TH ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: LOTUS VILLAGE I – Bldg. No. 6 (4-Plex) SQUARE 19 – 30 UNIT MULTI-FAMILY DEVELOPMENT-NEW CONSTRUCTION Group R-3 Townhouse on Single Lot.
  • Owner: N/A
04/27/2021 // 1300 WYLIE DR BATON ROUGE LA 70808
  • Type: Electrical
  • Description: Customer needs service upgraded from 200A to 320A to accommodate (2) new pool heaters.
  • Owner: Dawn Robert
04/27/2021 // 735 N 16TH ST BATON ROUGE LA 70802
  • Type: Commercial: New
  • Description: (Expedited) LOTUS VILLAGE II – BLDG 4 – SQUARE 14 – 42 UNIT MULTI FAMILY DEVELOPMENT – NEW CONSTRUCTION .
  • Owner: N/A
04/26/2021 // 1357 FLORIDA ST BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: New owner of existing convenience/grocery store – selling alcohol.
  • Owner: Mustafa Ibrahim
04/26/2021 // 6651 JEFFERSON HWY BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Office for healthcare appraisal business.
  • Owner: N/A
04/26/2021 // 4555 ALVIN DARK AVE BATON ROUGE LA 70820
  • Type: Occupancy
  • Description: New owner of Commercial/residential Use 4-plex-Laundry Room/Common area & Security Lights
  • Owner: Edmund Greene
04/26/2021 // 1480 STEPHENS AVE BATON ROUGE LA 70808
  • Type: Electrical
  • Description: We are doing a complete Rewire on 22 circuits and a Service Change.
  • Owner: Sheila Gilchrist
04/26/2021 // 3563 WYANDOTTE ST BATON ROUGE LA 70805
  • Type: Electrical
  • Description: service/truck pulled down-emergency reconnect/Emergency
  • Owner: Yolanda Royal
04/26/2021 // 10988 N HARRELL’S FERRY RD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Office space for payroll company.
  • Owner: Clay Vavasseur
04/26/2021 // 3636 N SHERWOOD FOREST DR BATON ROUGE LA 70814
  • Type: Occupancy
  • Description: Wholesale seafood sales – no boiling.
  • Owner: Jeremy belona
04/26/2021 // 4018 NORTH ST BATON ROUGE LA 70806
  • Type: Demolition
  • Description: Demolition to a warehouse building
  • Owner: N/A
04/26/2021 // 3869 GOVERNMENT ST BATON ROUGE LA 70806
  • Type: Commercial: Remodel
  • Description: Renovation to add new Exterior Door and concrete landing to existing mercantile grocery store for continued same use. No E., M., or P.
  • Owner: Pam Cannatella
04/26/2021 // 2006 GOVERNMENT ST BATON ROUGE LA 70806
  • Type: Mechanical
  • Description: Installing 1 (4ton hvac unit) in each duplex/aptment building- one permit is already pull to attached this one to. #93992.
  • Owner: N/A
04/26/2021 // 9230 STE A FLORIDA BLVD BATON ROUGE LA 70815
  • Type: Occupancy
  • Description: Beauty boutique.
  • Owner: Donna Phillips
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