The Pulse NOLA: Lakeshore Chrysler Dodge Jeep RAM on W Esplanade sells

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

Commercial Sales Recorded Last Week

2204 Idaho Ave
2204 Idaho Ave

Type: Multifamily
Price: $800,000 ($100,000 / Unit)
Buyer: PIAZZA ROSICA S; PIAZZA NICHOLAS L SR
Elifin’s Notes: A pair of local individuals purchase two adjacent 4-plexes in the Lisa Park area of Kenner

3333 Metairie Rd
3333 Metairie Rd

Type: Retail
Price: $720,000 ($225.56 / SF)
Buyer: MCLAND PROPERTY INVESTMENT II LLC
Elifin’s Notes: Local investors purchase a two-unit retail space on Metairie Road in the Athania Place area

1510 Mystery St
1510 Mystery St

Type: Multifamily
Price: $650,000 ($130,000 / Unit)
Buyer: IRIS ROSE REALTY LLC
Elifin’s Notes: Florida-based investors purchase a 5-unit multifamily property in the Bayou St. John area

5401 4th St
5401 4th St

Type: Retail
Price: $328,000 ($107.19 / SF)
Buyer: Dixon, Anya; Dixon, Kerry
Elifin’s Notes: A three-unit retail property sells in the Fazande area of Marrerro

3440 Laurel St
3440 Laurel St

Type: Multifamily
Price: $305,000 ($61,000 / Unit)
Buyer: 3440 LAUREL PROPERTY LLC
Elifin’s Notes: Local investors purchase a 5-unit multifamily property in the East Riverside area

1420 Fulton St
1420 Fulton St

Type: Industrial
Price: $285,000 ($71.25 / SF)
Buyer: ICAZA CAPITAL VENTURE LLC
Elifin’s Notes: Local investors purchase Industrial-Warehouse property in the Kenner Project area

2005 Claire Ave
2005 Claire Ave

Type: Retail
Price: $135,000 ($39.09 / SF)
Buyer: DABD PIRA PROPERTIES LLC
Elifin’s Notes: Local investors purchase a two-building retail property, now used as both a catering service and religious facility, in the Rose Park Addition area of Gretna

3819 Patterson Dr
3819 Patterson Dr

Type: Mixed-Use
Price: Withheld
Buyer: LAISSEZ FAIRE MANOR LLC
Elifin’s Notes: Local investors purchase unique riverfront redevelopment property consisting of 7 buildings on 3 acres of land in the U.S. Naval Base area on the Westbank

2223 W Esplanade Ave
2223 W Esplanade Ave

Type: Retail
Price: Withheld
Buyer: FAVRE LAPLACE PROPERTIES LLC
Elifin’s Notes: Slidell-based investors purchase an auto-dealership along West Esplanade in the Redwood Park area of Kenner


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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