27 Apr The Pulse Northshore: Hidden Oaks campground sold for 2.3mm

A weekly update on the commercial real estate landscape of The Northshore.

Commercial Sales Recorded Last Week

Parcels 2-S, 4 Wadsworth Pkwy, Mandeville, LA 70448

Type: Land
Price: $4,300,000 ($0.69 / Land SF)
Buyer: CROSBY DEVELOPMENT COMPANY, L.L.C.
Elifin’s Notes: A local developer purchases a pair of large tracts of land on either side of I-12 next to the newly developed Gulf South Commerce Park.

21544 Hwy 190, Hammond, LA 70403

Type: Specialty
Price: $2,300,000 (- / SF)
Buyer: TUREAU CAPITAL GROUP LLC
Elifin’s Notes: The Hidden Oaks Campground sells in Hammond.

32063 Hwy 36, Lacombe, LA 70445

Type: Land
Price: $800,000 ($0.22 / Land SF)
Buyer: MITCHELL AMUSEMENTS, L.L.C.
Elifin’s Notes: A collection of 82+ acres change hands at the site of the former St. Tammany Race Track.

13499 Hwy 442, Tickfaw, LA 70466

Type: Land
Price: $787,500 ($0.96 / Land SF)
Buyer: I55 LLC
Elifin’s Notes: The neighboring owners purchase an 18+ acre tract of land at the intersection of I-55 and Hwy 442.

21 Herwig Bluff Rd, Slidell, LA 70461

Type: Office
Price: $525,000 ($143.13 / SF)
Buyer: BJLE TRIBE LLC
Elifin’s Notes: A former vet clinic office property sells in Slidell.

82439 Hwy 25, Folsom, LA 70437

Type: Retail
Price: $510,000 ($118.49 / SF)
Buyer: MORALES MARCO TULIO PEREZ
Elifin’s Notes: The Glynn’s Drive-In property sells in Folsom.

11539 Wendell Lane, Hammond, LA 70401

Type: Multifamily
Price: $445,000 ($55,625 / Unit)
Buyer: JADY III INVESTMENTS LLC
Elifin’s Notes: An 8-unit multifamily property sells on Wendell Lane.

883 E Boston St, Covington, LA 70433

Type: Land
Price: $400,000 ($2.19 / Land SF)
Buyer: TREE FROGS PARK COVINGTON LLC
Elifin’s Notes: A 4.2 acre parcel of land trades along the Bouge Falaya and Hwy 90.

902 3rd Street, Kentwood, LA 70444

Type: Retail
Price: Withheld
Buyer: DOMIANO, DAVID
Elifin’s Notes: A daiquiri shop sells in Kentwood.

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 $100,000. 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.