The Pulse NOLA: Estella’s Home retail property sells for 1.45mm

A weekly update on the commercial real estate landscape of New Orleans.

Commercial Sales Recorded Last Week

601 N Frisco Ave, Metairie, LA 70005
601 N Frisco Ave, Metairie, LA 70005

Type: Retail
Price: $1,450,000 ($290.00 / SF)
Buyer: FRISCO ESTELLE LLC
Elifin’s Notes: Frisco Estelle LLC acquires the Estella’s Home property at the intersection of Frisco Avenue and Metairie Road.

122, 126 Harrison Ave, New Orleans, LA 70124
122, 126 Harrison Ave, New Orleans, LA 70124

Type: Office
Price: $969,000 ($519.85 / SF)
Buyer: IAG Development LLC
Elifin’s Notes: An office property and the adjacent vacant lot trade on Harrison Avenue.

1712 Vegas Dr, Metairie, LA 70003
1712 Vegas Dr, Metairie, LA 70003

Type: Land
Price: $725,000 ($5.07 / Land SF)
Buyer: 1712 VEGAS LLC
Elifin’s Notes: A pair of land parcels, totaling 3.2+ acres, trade near Lafreniere Park.

1804 4th St, Harvey, LA 70058
1804 4th St, Harvey, LA 70058

Type: Retail
Price: $350,000 ($124.07 / SF)
Buyer: 1804 FOURTH STREET LLC
Elifin’s Notes: A convenience store/service station sells in Harvey.

5755201 Carrere Ct, New Orleans, LA 70129
5755201 Carrere Ct, New Orleans, LA 70129

Type: Land
Price: $30,000 ($0.65 / Land SF)
Buyer: Maria Quijosaca Coronel and Gaston Gerardo Coronel
Elifin’s Notes: A 1.05 acre parcel sells near NASA Michoud Assembly Facility.

2904-2906 Tulane Ave, New Orleans, LA 70119
2904-2906 Tulane Ave, New Orleans, LA 70119

Type: Land
Price: Withheld
Buyer: 2820 Tulane LLC
Elifin’s Notes: A 0.09 acre parcel of land sells at the intersection of Tulane Avenue and South Dupre Street.

1401 Lafitte Ave, New Orleans, LA 70116
1401 Lafitte Ave, New Orleans, LA 70116

Type: Industrial
Price: Withheld
Buyer: VALENTINO INVESTMENTS L L C
Elifin’s Notes: Valentino Investments purchases a warehouse property situated between the Greenway & Louis Armstrong Park.


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 $300,000. 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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