MidCity Apartment Complex Sold

The May 3, 2021 issue covers six commercial sales recorded across Baton Rouge the previous week, totaling $4.6M in disclosed volume. The headline deal: JPMorgan Chase Bank, NA paid $2.48M ($825/SF) for its new Chase Bank location near the corner of Airline Highway and Highland Road. Multifamily led the week with two of the six sales, including a 24-unit apartment complex off Government Street in Mid City bought by a Florida-based investor for $1.06M, while the owner of Hydro-Quip Manufacturing paid $100K for a vacant lot next to the company's headquarters on Wooddale Boulevard.

By ELIFIN® Source: ELIFIN transaction database

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6Commercial sales recorded
$4.6MDisclosed volume (6 of 6 sales)
$2.48MLargest sale · 15138 Airline Hwy
2Multifamily sales, the most active type

Commercial Sales Recorded Last Week 6 sales

15138 Airline Hwy

15138 Airline Hwy

  • Retail

$2,475,000 $825 / SF

Chase Bank purchases its new location near the corner of Airline Hwy and Highland Rd.

BuyerJPMorgan Chase Bank, NA

459 Apartment Court Dr

459 Apartment Court Dr

  • Multifamily

$1,060,000 $44,167 / unit

A Florida-based investor purchases 24-unit apartment complex off Government St in Mid-City.

Buyer459 Apartment Court, LLC

1701 Ryder Dr

1701 Ryder Dr

  • Multifamily

$460,000 $65,714 / unit

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.

BuyerMilitary Highway Property LLC

15171 S Harrells Ferry Rd

15171 S Harrells Ferry Rd

  • Office

$295,000 $84 / SF

Office building sells off S Harrell's Ferry Rd near the Jones Creek Rd intersection.

BuyerHarton Enterprises LLC

4301 S Jeffrey Dr

4301 S Jeffrey Dr

  • Industrial

$210,000 $43 / SF

Warehouse sells near the Airline Hwy and Alco Dr intersection.

BuyerJP3 Investments LLC

Tract W-1-A-1-A-2 Wooddale Blvd

Tract W-1-A-1-A-2 Wooddale Blvd

  • Land

$100,000 $2.27 / Land SF

The owner of Hydro-Quip Manufacturing purchases neighboring, vacant lot south of their headquarters on Wooddale Bvd.

BuyerJerome Serio

Upcoming Planning Commission Cases 1 case

Proposed Live Music Venue/Bar/Lounge on Nicholson

Submitted 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.

Commercial Permits Issued Last Week 64 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
15295 GEORGE O'NEAL RD BATON ROUGE LA 70817Commercial: NewN/ANew 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.O Carl Blum
1460 BLOUNT RD BATON ROUGE LA 70807Commercial: NewN/A(EXPEDITED) Church metal building constructionO Samuel Shobamowo
7341 STE J JEFFERSON HWY BATON ROUGE LA 70806OccupancyN/ACommercial real estate office.O De Dowling
311 E AIRPORT AVE BATON ROUGE LA 70806OccupancyN/AStorage and studios space for online boutiqueO —
2515 O'NEAL LN BATON ROUGE LA 70816OccupancyN/AStore retailing various items.O Ryan Dumas
7341 STE E JEFFERSON HWY BATON ROUGE LA 70806OccupancyN/ACounseling office.O William Couvillion
1097 STE B S FLANNERY RD BATON ROUGE LA 70815OccupancyN/AExisting Barbershop Changing name and Ownership (Formally Show Cutz)O Thien Thuong
7819 STE C BLUEBONNET BLVD BATON ROUGE LA 70810OccupancyN/AHair SalonO Giovanni Mucciacciaro
4753 ALVIN DARK AVE BATON ROUGE LA 70820OccupancyN/ACommon area for existing apartment complexO Ezetta Saulny
15847 GERALDINE DR. BATON ROUGE LA 70819ElectricalN/AInstall (1) dedicated 20 ampere, 120 volt circuit to Liberty Pump equipment for City of Baton Rouge.O Sean Jarrell
1979 BEAUMONT DR BATON ROUGE LA 70806Gas TestN/ACapping 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.O Jonathan
10155 PERKINS ROWE BATON ROUGE LA 70810Commercial: RemodelN/A(EXPEDITED)Interior renovation of single tenant space in existing mixed use buildingO Josh Galica
1865 77TH AVE BATON ROUGE LA 70807ElectricalN/AInstall (1) dedicated 20 ampere, 120 volt circuit to Liberty Pump equipment for City of Baton Rouge.O Brittany Jones
5635 GREENWELL SPRINGS RD BATON ROUGE LA 70806OccupancyN/AGrocery store selling alcohol.O Nagib Kassem
1509 GOVERNMENT ST BATON ROUGE LA 70802Commercial: RemodelN/ARenovation of 1,100 SF, Suite E in Building B for new Eyebrow Salon, Business Group B. Scope of work includes mechanical, electrical and plumbing.O —
11960 BRICKSOME AVE BATON ROUGE LA 70816OccupancyN/ALaw OfficeO Willie Stephens
1184 BOB PETTIT BLVD BATON ROUGE LA 70820OccupancyN/ATent – Restaurant restrooms and port-o-lets on site.O Marc Fraioli
1075 EXECUTIVE PARK AVE BATON ROUGE LA 70806OccupancyN/AGraphic Design Service office.O Anthony Jackson
6130 RENOIR AVE BATON ROUGE LA 70806OccupancyN/ANail salon – no new plumbing.O —
3564 SHERWOOD ST BATON ROUGE LA 70805OccupancyN/ARental PropertyO Steven Gray
6725 STE A-X SIEGEN LN BATON ROUGE LA 70809ElectricalN/ARepair to lights and receptacles in the unit. Building Q Suite 29O —
8888 JEFFERSON HWY BATON ROUGE LA 70809OccupancyN/ACounseling office.O Corinna Hillman
10032 AVENUE I BATON ROUGE LA 70807OccupancyN/AApartment buildingO Raja'ee El-Amin
15171 S HARRELL'S FERRY RD BATON ROUGE LA 70816OccupancyN/AHome Inspection OfficeO Kiel Harton
36500 GREENWELL SPRINGS RD GREENWELL SPRINGS LA 70739OccupancyN/ATemporary 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.O TAYLOR DEGENERES
3019 CHOCTAW DR BATON ROUGE LA 70805OccupancyN/AofficesO chris hitchins
14141 AIRLINE HWY BATON ROUGE LA 70817OccupancyN/AOccupancy for Office/warehouseO Natalie Magee
4631 PERKINS RD BATON ROUGE LA 70808OccupancyN/Astorage, online women and children's and store for women and children's boutiqueO Jamie Jones
1530 SPANISH TOWN RD BATON ROUGE LA 70802Commercial: NewN/ALOTUS VILLAGE II – Building 1 (4-plex) SQUARE 14 – 42 UNIT MULTI FAMILY DEVELOPMENT – NEW CONSTRUCTION 4-PLEXO —
3165 MISSION DR BATON ROUGE LA 70805ElectricalN/Atree fell on service/emergency reconnectO Mildred Trim
7399 HIGHLAND RD BATON ROUGE LA 70808Land ClearingN/AClearing of lot for new proposed LaRosa Subdivision.O Matt Estopinal
745 N 16TH ST BATON ROUGE LA 70802Commercial: NewN/A(Expedited) LOTUS VILLAGE II – SQUARE 14 – 42 UNIT MULTI FAMILY DEVELOPMENT – NEW CONSTRUCTION 4-PlexO —
8345 FLORIDA BLVD BATON ROUGE LA 70806OccupancyN/AShoe retail store.O Haytham Hamideh
14635 STE 1 S HARRELL'S FERRY RD BATON ROUGE LA 70816OccupancyN/AOffice space for IT company.O Gerald Zylicz
630 N 15TH ST BATON ROUGE LA 70802Commercial: NewN/A(Expedited) LOTUS VILLAGE lll – BLDG 5 – SQUARE 13 – NEW CONSTRUCTION OF 3198 SF TOWNHOMEO —
1528 GAYOSA ST BATON ROUGE LA 70802Commercial: NewN/A(Expedited) LOTUS VILLAGE lll – BLDG 3 – SQUARE 13 – NEW CONSTRUCTION OF 3849 SF 4-PLEXO —
1537 GAYOSA ST BATON ROUGE LA 70802Commercial: NewN/A(Expedited) LOTUS VILLAGE II – BLDG 6 SQUARE 14 – NEW CONSTRUCTION OF 3242 SF 4-PLEXO —
4021 W E. HECK CT BATON ROUGE LA 70816Commercial: NewN/ANew 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.O —
715 N 16TH ST BATON ROUGE LA 70802Commercial: NewN/A(Expedited) LOTUS VILLAGE II – OFFICE SQUARE 14 – NE CONSTRUCTION OF 898 SF OFFICE BUILDINGO —
1503 NORTH ST BATON ROUGE LA 70802Commercial: NewN/A(EXPEDITED)LOTUS VILLAGE lll – BLDG 8 -SQUARE 13 – NEW CONSTRUCTION OF 3304 SF TOWNHOME (4-plex)O —
622 N 15TH ST BATON ROUGE LA 70802Commercial: NewN/A(Expedited) LOTUS VILLAGE III – BLDG 12 – SQUARE 13 – NEW CONSTRUCTION OF 3242 SF 4-PLEXO —
614 N 15TH ST BATON ROUGE LA 70802Commercial: NewN/A(Expedited) LOTUS VILLAGE lll – BLDG 6 -SQUARE 13 – NEW CONSTRUCTION OF 3304 SF TOWNHOME (4-plex)O —
1522 GAYOSA ST BATON ROUGE LA 70802Commercial: NewN/A(EXPEDITED) LOTUS VILLAGE lll – BLDG 2 – SQUARE 13 – 42 UNIT MULTI FAMILY DEVELOPMENT – NEW CONSTRUCTION DUPLEXO —
833 FRISCO ST BATON ROUGE LA 70802Commercial: NewN/ALOTUS VILLAGE I – Bldg. No. 5 (DuPlex) SQUARE 19 – 30 UNIT MULTI-FAMILY DEVELOPMENT-NEW CONSTRUCTION DuPLEXO —
1616 GRACIE ST BATON ROUGE LA 70802Commercial: NewN/ALOTUS VILLAGE I – Bldg. No. 2 (4-Plex) SQUARE 19 – 30 UNIT MULTI-FAMILY DEVELOPMENT-NEW CONSTRUCTION 4-PLEXO —
610 N 15TH ST BATON ROUGE LA 70802Commercial: NewN/A(Expedited) LOTUS VILLAGE lll – Bldg 7 SQUARE 13 – NEW CONSTRUCTION OF 3304 SF TOWNHOME (4-plex)O —
615 N 16TH ST BATON ROUGE LA 70802Commercial: NewN/A(EXPEDITED)LOTUS VILLAGE III – BLDG 13 – SQUARE 13 – NEW CONSTRUCTION OF 3304 SF TOWNHOMEO —
744 N 15TH ST BATON ROUGE LA 70802Commercial: NewN/A(Expedited) LOTUS VILLAGE II – BLDG 10 -SQUARE 14- NEW CONSTRUCTION OF 3849 SF 4-PLEXO —
722 N 15TH ST BATON ROUGE LA 70802Commercial: NewN/A(Expedited) LOTUS VILLAGE II – Bldg 11 SQUARE 14 – NEW CONSTRUCTION OF 3242 SF 4-PLEXO —
7310 AIRLINE HWY Baton Rouge LA 70805OccupancyN/ARetail of clothing and accessories only.O raesha ellis
818 N 16TH ST BATON ROUGE LA 70802Commercial: NewN/ALOTUS VILLAGE I – Bldg. No. 6 (4-Plex) SQUARE 19 – 30 UNIT MULTI-FAMILY DEVELOPMENT-NEW CONSTRUCTION Group R-3 Townhouse on Single Lot.O —
1300 WYLIE DR BATON ROUGE LA 70808ElectricalN/ACustomer needs service upgraded from 200A to 320A to accommodate (2) new pool heaters.O Dawn Robert
735 N 16TH ST BATON ROUGE LA 70802Commercial: NewN/A(Expedited) LOTUS VILLAGE II – BLDG 4 – SQUARE 14 – 42 UNIT MULTI FAMILY DEVELOPMENT – NEW CONSTRUCTION .O —
1357 FLORIDA ST BATON ROUGE LA 70802OccupancyN/ANew owner of existing convenience/grocery store – selling alcohol.O Mustafa Ibrahim
6651 JEFFERSON HWY BATON ROUGE LA 70806OccupancyN/AOffice for healthcare appraisal business.O —
4555 ALVIN DARK AVE BATON ROUGE LA 70820OccupancyN/ANew owner of Commercial/residential Use 4-plex-Laundry Room/Common area & Security LightsO Edmund Greene
1480 STEPHENS AVE BATON ROUGE LA 70808ElectricalN/AWe are doing a complete Rewire on 22 circuits and a Service Change.O Sheila Gilchrist
3563 WYANDOTTE ST BATON ROUGE LA 70805ElectricalN/Aservice/truck pulled down-emergency reconnect/EmergencyO Yolanda Royal
10988 N HARRELL'S FERRY RD BATON ROUGE LA 70816OccupancyN/AOffice space for payroll company.O Clay Vavasseur
3636 N SHERWOOD FOREST DR BATON ROUGE LA 70814OccupancyN/AWholesale seafood sales – no boiling.O Jeremy belona
4018 NORTH ST BATON ROUGE LA 70806DemolitionN/ADemolition to a warehouse buildingO —
3869 GOVERNMENT ST BATON ROUGE LA 70806Commercial: RemodelN/ARenovation to add new Exterior Door and concrete landing to existing mercantile grocery store for continued same use. No E., M., or P.O Pam Cannatella
2006 GOVERNMENT ST BATON ROUGE LA 70806MechanicalN/AInstalling 1 (4ton hvac unit) in each duplex/aptment building- one permit is already pull to attached this one to. #93992.O —
9230 STE A FLORIDA BLVD BATON ROUGE LA 70815OccupancyN/ABeauty boutique.O Donna Phillips
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