The Pulse NOLA: Land sold near MSY Airport

28 Nov The Pulse NOLA: Land sold near MSY Airport

Posted at 09:15h in Research, The Pulse, The Pulse: New Orleans by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

3800 Howard Avenue

Type: Land
Price: $12,500,000 ($32.09 / Land SF)
Buyer: YANG QI HOLDINGS LLC
Elifin’s Notes: 8.94 acres of land sold along Howard Avenue adjacent to the B.W. Cooper area

851 E Airline Drive

Type: Land
Price: $1,525,000 ($10.74 / Land SF)
Buyer: CAR MASS LLC
Elifin’s Notes: Sale of a 3.26 acre piece of land directly across Airline Drive from the Louis Armstrong Airport, currently used as parking lot purposes, but zoned for general commercial uses

10150 I-10 Service Rd

Type: Retail
Price: $1,050,000 ($93 / SF)
Buyer: GRANITE MAPLE REALTY TRUST
Elifin’s Notes: Auto Parts store property with 11,315 sq ft in retail space sold in the West Lake Forest area

8620 Chef Menteur Hwy

Type: Multifamily
Price: $486,000 ($32,400 / Unit)
Buyer: J PAUL HOLDINGS LLC
Elifin’s Notes: Local investor acquires a 15-unit unique multifamily property on over an acre of land with seven double-unit buildings and a single family home in the Read Boulevard West area

2744 Marietta St

Type: Industrial
Price: $375,000 ($101 / SF)
Buyer: CPK 1 LLC
Elifin’s Notes: Local investor purchases 3,710 sq ft industrial property with office space in the Kenner Project subdivision

5467 Saint Claude Ave

Type: Retail
Price: $175,000 ($96 / SF)
Buyer: VITO THE GOD INVESTMENTS
Elifin’s Notes: Local investor purchases 1,832 retail space in the Lower Ninth Ward area

1913 7th St

Type: Multifamily
Price: Withheld
Buyer: 1913 SEVENTH ST REALTY LLC
Elifin’s Notes: Miami-based investor acquires a 10-unit multifamily property in the Faubourg Delassize area

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
222 Loyola Ave	Permanent Generator $20,174,001	Generator for Renovation of Existing Bldg..	[O] Plaza Realty LLC, 222 Loyola St Development LLC [A] Blanchard Timothy [C] Blanchard Timothy
222 Loyola Ave	Electrical Repair / Replacement / Addition $20,174,001	Electrical Renovation of Existing Bldg.	[O] Plaza Realty LLC, 222 Loyola St Development LLC [A] Blanchard Timothy [C] Blanchard Timothy
555 Canal St	Renovation (Non-Structural) $1,434,100	Remove and replace two roof sections as per attached plans and specifications.	[O] Marriott Hotel Properties II [A] Yorkshire Federal, Inc. [C]
14601 Old Gentilly Rd	Electrical Repair / Replacement / Addition $229,253	Refeeding of Substation E current loads from Existing Substation P to allow for removal of existing Substation E.	[O] Folger Coffeeco The [A] Jonathan S. Frischhertz [C] Jonathan S. Frischhertz
401 Magazine St	Renovation (Non-Structural) $179,032	401 Magazine. Old Bon Ton Cafe. Renovation to guest seating area. Kitchen renovation.	[O] Walk The Plank LLC [A] BINOLA-BUILT IN NEW ORLEANS LOUISIANA LLC [C] Binola, LLC
4747 Earhart Blvd Ste A	Renovation (Non-Structural) $72,345	Remove & replace TPO roofing system.	[O] 4747 Earhart Blvd LLC [A] PRYME Services of New Orleans [C] PRYME Services of New Orleans
3933 Magazine St	Electrical Service / Circuit / Feeder $50,847	Renovation of existing building to create coffee shop.	[O] Thomas P Riley [A] Francis Ronald Jouandot [C] Francis Ronald Jouandot
2529 Jena St	Renovation (Non-Structural) $30,000	Interior buildout of the ground floor of a Business occupancy.	[O] Storybook Ventures LLC [A] Gregory Hackenberg [C] Lakewood Renovation LLC
4201 Magazine St	Interior Demolition $21,000	Interior demolition of non loading bearing members. Clean debris and remove trash.No use and occupancy under this permit.	[O] The Vilkhu Group LLC [A] Daniel Zangara [C] Ryan Labadot
3100 S Carrollton Ave, 20-38018-rnvn	Electrical Repair / Replacement / Addition $20,000	Use existing wire and replace conduit on walls and install new outlets, new lights. No service work and no new circuits.	[O] Jung Reality Co Inc [A] Horacio Lee Ortiz [C] Horacio Lee Ortiz
5335 Tchoupitoulas St	Accessory Structure $18,000	Provide and install a service entrance Manual Transfer switch, for future portable generator for storm event. There will be no generator installed for this project. The portable generator will be a diesel generator.	[O] Nationalbank Whitney [A] M. Steven M Ordes [C] Ordes Services
1235 St Thomas St Ste 101	Mechanical HVAC $17,583	DUCTWORK AND MINI SPLIT	[O] St Thomas Properties LLC [A] Nash Michael [C]
701 Poydras St, Level 28	Electrical Repair / Replacement / Addition $16,900	Enlargement and Renovation of Breakroom on level 28	[O] CW Nola Properties LLC C/O Hub Properties Trust, CW Nola Properties LLC [A] Ryan Carl Orgeron [C] Ryan Carl Orgeron
222 Loyola Ave	Construction Loop $15,000	Temporary service for demo work.	[O] Plaza Realty LLC, 222 Loyola St Development LLC [A] Blanchard Timothy [C] Blanchard Timothy
700 Dauphine St, 702 Dauphine St, 704 Dauphine St, 706 Dauphine St, 839 St Peter St	Renovation (Non-Structural) $9,800	Remove vegetation growing on property. Replace/repair damaged deck boards and handrails on the balcony with pressure treated lumber, prime and areas worked on only. Replace rotten (hollow) 2x4s and 2x6s. Scrape, sand prime and paint areas with loose paint only. Replace damaged weather boards on entire property with cypress weather boards. Only Paint boards Replaced. Prep, scrape prime and paint all of the areas deteriorated and use view Carre mix where needed on concrete areas. Replace damaged wooden post bases prime paint bases only. Repair existing damaged shutters on property. Repair damaged wooden steps on Dauphine side of property. (We are not painting entire building. Property has been weathered by outside elements; we are not responsible for a perfect match of painted areas.)	[O] Joseph A III Miller [A] Earl Preston [C] Construction Specialist Group, LLC
4516 Palmyra St	Renovation (Non-Structural) $8,300	ARTIST STUDIO – We need permits to do the renovation work. Sheetrock, float, and paint walls. Paint concrete floors. Replace front windows with broken glass. Repair exterior front outside boards and soffit. Paint exterior gray and white. Plumbing will be done by others and Electrical will be done by others.	[O] South Murat Street LLC [A] Mabile Barbara [C]
8175 Sycamore St EVC	Electric Vehicle Charger: Electrical $4,900	Installation of curbside EV charger	[O] [A] Jeffrey David Cantin [C] Solar Alternatives, Inc
8175 Sycamore St EVC	Electric Vehicle Charger: Installation $4,900	Installation of curbside EV charger	[O] [A] Jeffrey David Cantin [C] Jeffery Cantin
6635 Virgilian St EVC	Electric Vehicle Charger: Electrical $3,850	Installation of curbside EV charger	[O] [A] Jeffrey David Cantin [C] Solar Alternatives, Inc
1708 Fats Domino Ave EVC	Electric Vehicle Charger: Installation $3,850	Installation of curbside EV charger	[O] [A] Jeffrey David Cantin [C] Solar Alternatives, Inc
4348 S Broad St EVC	Electric Vehicle Charger: Installation $3,600	Installation of curbside EV charger	[O] [A] Jeffrey David Cantin [C] Solar Alternatives, Inc
2372 Constance St	Renovation (Non-Structural) $3,592	ADA Ramp on front entrance. Level platform at door with one step coming off. Ramp running along side of building leaving sidewalk path enact.	[O] Coot LLC [A] Knights of Columbus [C]
717 Bartholomew St	Electrical Service / Circuit / Feeder $2,150	Replacing electrical panel	[O] Chloe Bernert [A] Christopher Gregory Ray [C] Christopher Gregory Ray
1100 S Claiborne Ave	Electrical Repair / Replacement / Addition $2,145	Home Depot – Installing power for temporary tent structure: (2) WR/TR GFCI outlets for string lighting and exit signs. Power will be tied into (2) existing dedicated circuits. Installation shall comply with the NEC standards.Will be in relation to a tent permit.	[O] Home Depot Usa LLC [A] Lin Rogers [C] Lin Rogers
455 S Galvez St	Electrical Repair / Replacement / Addition $2,000	Repair a 200 amp service to establish power at a vacant building. New Meter, Disconnect, Panel, Service Stem.	[O] 455 S Galvez QB LLC [A] Giuseppe Filippo Adkins [C] Giuseppe Filippo Adkins
538 Jackson Ave	Electrical Repair / Replacement / Addition $850	removing the service for this address merging it with 536 Jackson Ave	[O] Greenfee LLC [A] James B. Cabiran [C] James B. Cabiran
2399 Sanctuary Dr	Electrical Vacancy $450	Electrical Vacancy	[O] Algiers Development District [A] Francis Ronald Jouandot [C] Francis Ronald Jouandot
2842 Coliseum St	Accessory Structure $10	Reconstruction of accessory structure to current building codes on the exact footprint of the existing accessory building.	[O] Kevin F Sweeney [A] Brian Gille [C] R Heath Neill & Co Contr LLC
1818 Newton St	Electrical Repair / Replacement / Addition $1	Repairs for an aerial power supply unit for Cox Communications. We had to replace the service because it burned up. Everything is existing.	[O] [A] Murray J. Stewart [C] Murray J. Stewart
434 Dauphine St	Construction Loop N/A	Temp service – construction loop	[O] Christian J Garris [A] James Nolan Honore’ Jr [C] James Nolan Honore’ Jr
10600 Almonaster Ave	Change of Address N/A	matching address across agencies and utilities Change 10650 Almonaster Ave to 10600 Almonaster Ave (AM1217560)	[O] John E Chianelli [A] C and C Towing Michael Chianelli [C]
924 Deslonde St -Apt D	Change of Address N/A	22-18422-EVAC, 22-18421-EVAC Multi-Family ADD 924 Deslonde St Apt A (AM11056035) ADD 924 Deslonde St Apt B (AM11056034) ADD 924 Deslonde St Apt C (AM10832214) ADD 924 Deslonde St Apt D (AM12218557)	[O] Slidell Rentals I LLC [A] M Company LLC [C]
1366 St Anthony St	Electrical Service / Circuit / Feeder N/A	Re-wire of a renovation	[O] Fournette Brothers Landscaping LLC [A] Brewer Addrell [C] Brewer Addrell
2307 Almonaster Ave Apt 1A-Apt 2B	Change of Address N/A	update addresses to standards Change 2305 Almonaster Ave to 2307 Almonaster Ave Apt 2A (AM11562885, swbno 14117982) Change2307 Almonaster Ave to 2307 Almonaster Ave Apt 2B (AM11564224, swbno 3390601) Change 2305 Almonaster Ave Apt A to 2307 Almonaster Ave Apt 1A (AM14395968) Change 2307 1/2 Almonaster to 2307 Almonaster Ave Apt 1A (swbno meter taken)	[O] Felton Ventures LLC [A] Felton Ventures LLC [C]
2901 Tulane Ave	Mechanical Fuel Gas N/A	METER OUT OVER 6 MONTHS, 750,000. BUTS’S TOTAL	[O] Minacore Investments LLC [A] Joseph B Flynn [C] Joseph B Flynn
5317 St Charles Ave -HM	Change of Address N/A	22-17213-FGAS Multi-Family CHANGE 5317 St Charles Ave Apt A to 5317 St Charles Ave Apt 101 (AM10826405, U502715) CHANGE 5317 St Charles Ave Apt B to 5317 St Charles Ave Apt 102 (AM10826408, U502706) CHANGE 5317 St Charles Ave Apt C to 5317 St Charles Ave Apt 103 (AM10826407, U502712) CHANGE 5317 St Charles Ave Apt D to 5317 St Charles Ave Apt 104 (AM10826382, U502718) CHANGE 5317 St Charles Ave Apt E to 5317 St Charles Ave Apt 201 (AM10826261, U502714) CHANGE 5317 St Charles Ave Apt F to 5317 St Charles Ave Apt 202 (AM10826262, U502710) CHANGE 5317 St Charles Ave Apt G to 5317 St Charles Ave Apt 203 (AM10826263, U516612) CHANGE 5317 St Charles Ave Apt H to 5317 St Charles Ave Apt 204 (AM10826406, U502700) CHANGE 5317 St Charles Ave Apt I to 5317 St Charles Ave Apt 301 (AM13073208, U502709) CHANGE 5317 St Charles Ave Apt J to 5317 St Charles Ave Apt 302 (AM10826395, U502702) CHANGE 5317 St Charles Ave Apt K to 5317 St Charles Ave Apt 303 (AM10826394) CHANGE 5317 St Charles Ave Apt L to 5317 St Charles Ave Apt 304 (AM10826393, U502719) KEEP 5317 St Charles Ave HM (AM10826381)	[O] Sean & Scott LLC [A] Sean & Scott LLC [C]

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

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