The Pulse NOLA: Two former Jefferson Parish school sites sell

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

Commercial Sales Recorded Last Week

10542 Jefferson Hwy, New Orleans, LA 70123
10542 Jefferson Hwy, New Orleans, LA 70123

Type: Multifamily
Price: $1,640,000 ($82,000 / Unit)
Buyer: River Ridge Maisonettes, LLC
Elifin’s Notes: A 20-unit multifamily property sells in River Ridge.

172 Harbor Circle, New Orleans, LA 70126
172 Harbor Circle, New Orleans, LA 70126

Type: Industrial
Price: $675,000 ($42.19 / SF)
Buyer: FAYT INC
Elifin’s Notes: An industrial property changes hands near the Lakefront Airport.

137 North Clark St, New Orleans, LA 70119
137 North Clark St, New Orleans, LA 70119

Type: Office
Price: $625,000 ($135.81 / SF)
Buyer: HOME GIRLS LLC
Elifin’s Notes: A pair of local investors purchase a multi-tenant office property in Mid-City near Bayou Saint John.

2715 Idaho Ave, Kenner, LA 70062
2715 Idaho Ave, Kenner, LA 70062

Type: Office
Price: $335,000 ($153.81 / SF)
Buyer: FRENCH&POSEY LLC
Elifin’s Notes: This office property, formerly used as a vet clinic, sells near the Airport in Kenner.

220 Acadia Dr, Westwego, LA 70094
220 Acadia Dr, Westwego, LA 70094

Type: Land
Price: $225,000 ($1.03 / Land SF)
Buyer: NXU INVESTMENTS LLC
Elifin’s Notes: A 5+ acre vacant tract of land, formerly the Live Oak Elementary School site, sells near the Jefferson Parish Live Oak Public Library.

4051 Westbank Expy, Marrero, LA 70072
4051 Westbank Expy, Marrero, LA 70072

Type: Office
Price: $200,000 ($60.75 / SF)
Buyer: HELEN NOAH LLC
Elifin’s Notes: Local investor purchases an office building in Marrero.

6801 River Rd, Avondale, LA 70094
6801 River Rd, Avondale, LA 70094

Type: Land
Price: $105,000 ($1.04 / Land SF)
Buyer: NXU INVESTMENTS LLC
Elifin’s Notes: A 2.3-acre tract of land, former Waggaman Elementary School site, sells in Westwego.

420 Peters Rd, Harvey, LA 70058
420 Peters Rd, Harvey, LA 70058

Type: Land
Price: $100,000 ($4.88 / Land SF)
Buyer: XPRESS TOWING&RECOVERY LLC
Elifin’s Notes: Xpress Towing & Recovery purchases a commercial lot near the intersection of 4th Street & Peters Road.

441 Decatur Street, New Orleans, LA 70130
441 Decatur Street, New Orleans, LA 70130

Type: Mixed-Use
Price: Withheld
Buyer: 441 DECATUR TRUST
Elifin’s Notes: A mixed-use property with 3 & 4 story interconnected buildings, offering street-level level retail and offices on the upper levels, sells in the French Quarter.

3458 Magazine St, New Orleans, LA 70115
3458 Magazine St, New Orleans, LA 70115

Type: Retail
Price: Withheld
Buyer: 3458 MAGAZINE LLC
Elifin’s Notes: Formerly home to a veterinary clinic, this property sells to a local investor.


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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