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14 Oct The Pulse: Tigerland Apartment Complex Sells for $1.6 Million

Posted at 12:00h in Research, The Pulse, The Pulse: Baton Rouge by ELIFIN® 0 Comments
A weekly update on the commercial real estate landscape of Baton Rouge.

Commercial Sales Recorded Last Week

4636 Alvin Dark Ave
Price: $1,600,000 ($50,000 / Unit)
Buyer: Jann Properties 2 LLC
Elifin’s Notes: The Chateau, a 32 unit apartment complex in Tigerland, sells to Prairieville multifamily investor.
4621 Jamestown Ave
Price: $1,225,000 ($133 / SF)
Buyer: Diamond Street Properties, LLC
Elifin’s Notes: Dr. Gerald Cvitanovich, Chief Strategy Officer of Ochsner Urgent Care and Jefferson Parish Coroner, purchases office building near I-10 and College Dr.
2929 Millerville Rd, Building 1
Price: $900,000 ($111 / SF)
Buyer: Jerry Watts
Elifin’s Notes: Investor purchases fully occupied office building in Millerville Business Park.
3964 Plank Rd
Price: $67,500 ($20 / SF)
Buyer: East Baton Rouge Redevelopment Authority
Elifin’s Notes: Build Baton Rouge (formerly East Baton Rouge Redevelopment Authority) purchases property on Plank Rd near Mohican St intersection.
Tract B-3-B-1-A-3 Ben Hur Rd
Price: $1,150,000 ($3.96 / Land SF)
Buyer: Tigerbend Trails Development LLC
Elifin’s Notes: Lancaster Construction purchases acreage near the corner of Ben Hur Rd and Nicholson Dr.
11940 Bricksome Ave
Price: $548,346 ($118 / SF)
Buyer: The Marrero Land & Improvement Association Limited
Elifin’s Notes: Marrero Land purchases third office building in the past 5 months in Wellington Office Park near S. Sherwood Forest Blvd and I-12.
9626, 9628 & 10079 El Scott Ave
Price: $277,290 ($27,729 / Unit)
Buyer: Sigma 329, LLC
Elifin’s Notes: Gonzales area investor purchases two multifamily properties off Joor Rd near Greenwell St.

 

Upcoming Planning Commission Cases

  • Terrell Cottages: Mid City Lot Subdivided for 2 New Houses
    • Submitted 9/5/19 by R. James Tatum. One lot subdivided for two, two-story medium density single family residences.
    • Staff Report – View on Map – Plans
  • Rezoning for Urgent Care Medical Clinic: 20152 Highland Rd
    • Submitted 8/19/19 by S & T Properties. Proposed rezoning of vacant lot near Highland Rd and Airline Hwy from Rural to Light Industrial (M1) to be used as an urgent care medical clinic.
    • Staff Report – View on Map
  • Rezoning for Office/Warehouse: 10777 Greenwell Springs Rd
    • Submitted 9/4/19 by Juan Luviano. Proposed rezoning of property near Greenwell Springs Rd and N. Sherwood Forest Blvd from General Residential (A4) to Heavy Commercial (HC1) for office/warehouse use.
    • Staff Report – View on Map

Commercial Permits Issued Last Week

10/11/2019 // 2112 O’NEAL LN BATON ROUGE LA 70816
  • Type: Demolition
  • Description: One Story Commercial Building
  • Owner: N/A
10/11/2019 // 11654 W SHERWOOD MEADOW AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: existing fourplex
  • Owner: David Guidry
10/11/2019 // 9380 CORTANA PL BATON ROUGE LA 70815
  • Type: Plumbing
  • Description: Drinking fountain
  • Owner: N/A
10/11/2019 // 8354 JEFFERSON HWY BATON ROUGE LA 70809
  • Type: Commercial: New
  • Description: New construction of 5952 s.f. (Type IIA const.) single youth building with activity area, Sunday classroom spaces A, B & C, and restrooms, seating for 201 + 63 (OR 402 + 126 w/o tables) , and new parking/site work to serve this & new sanctuary bldg.. (See permit 99683 for New Sanctuary)
  • Owner: N/A
10/11/2019 // 8354 JEFFERSON HWY BATON ROUGE LA 70809
  • Type: Commercial: Addition
  • Description: New construction of 8,325 s.f. FULLY SPRINKLED, Type IIB Sanctuary w/ Enclosed Walkway to existing adjacent 7540 s.f. Non-sprk., Type VB fellowship hall. 2-hr ext. Fire Wall added to separate Sanctuary from Fellowhip Hall. Seating for 431; both bldg’s totaling 15,865 s.f.; Total occupant load = 476. Sanctuary and Enclosed Walkway on one elect meter. (See 100940 for Fellowship Hall reno.)
  • Owner: N/A
10/11/2019 // 8354 JEFFERSON HWY BATON ROUGE LA 70809
  • Type: Commercial: Remodel
  • Description: Renovation to existing 7540 s.f. assembly to create openness in existing Fellowship Hall & adding 2 classrooms in existing Sanctuary area. (See 99683 for enclosed walkway connecting this building to the New Sanctuary).
  • Owner: N/A
10/11/2019 // 1583 PELHAM DR BATON ROUGE LA 70815
  • Type: Electrical
  • Description: Police chase resulted in crash which damaged electrical pole and panel. Entergy disconnected power for safety. Emergency Reconnect
  • Owner: Mark Frison
10/11/2019 // 8221 STE E SUMMA AVE BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Massage Therapy business
  • Owner: N/A
10/11/2019 // 11644 W SHERWOOD MEADOW AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: existing fourplex
  • Owner: David Guidry
10/11/2019 // 10241 STE D COURSEY BLVD BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Health and Wellness Retail
  • Owner: Louise Lee
10/11/2019 // 10786 N MALL DR BATON ROUGE LA 70809
  • Type: Commercial: New
  • Description: New construction to install a stand alone cabinet with 3’x5′ concrete pad and 120v power feed.
  • Owner: Fred Wilkes
10/11/2019 // 8354 JEFFERSON HWY BATON ROUGE LA 70809
  • Type: Commercial: Remodel
  • Description: Renovation of existing 2,810 s.f. Journey bldg. for continued Sunday school classroom use 2x/week. Includes replacing flat roof with new 6:12 roof system creating attic area w/ new HVAC.
  • Owner: N/A
10/11/2019 // 9870 SCOTLAND AVE BATON ROUGE LA 70807
  • Type: Commercial: Remodel
  • Description: Renovations to existing EBR Scotland High School to add ADA seating to existing auditorium and renovation of sidewalks and canopy structure. 1,164 s.f. Educational use.
  • Owner: Larry Munson
10/11/2019 // 324 N 23RD ST BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: Car paint & body shop. 3000sf
  • Owner: N/A
10/10/2019 // 350 N DONMOOR AVE BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Administrative Office
  • Owner: Lynwood Hebert
10/10/2019 // 5380 JONES CREEK RD BATON ROUGE LA 70817
  • Type: Occupancy
  • Description: Pizza Restaurant
  • Owner: N/A
10/10/2019 // 14455 AIRLINE HWY BATON ROUGE LA 70817
  • Type: Sign: On Premise
  • Description: 2 wall signs at 18’6 by 6′, 37’2 by 2′, 1 pylon sign at 14′ by 7′. Illuminated.
  • Owner: Ryan Wilkins
10/10/2019 // 624 CONNELL’S PARK LN BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Outpatient Behavioral Health Clinic. 1609sf
  • Owner: N/A
10/10/2019 // 524 HIGHLANDIA DR BATON ROUGE LA 70810
  • Type: Occupancy
  • Description: Warehouse
  • Owner: Stuart Houser
10/10/2019 // 624 CONNELL’S PARK LN BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Outpatient Behavioral Health Clinic. 1609sf
  • Owner: N/A
10/10/2019 // 9264 W INNISWOLD RD BATON ROUGE LA 70809
  • Type: Sign: On Premise
  • Description: Monument sign installation at 15’3.5 by 2’3.5.
  • Owner: Josh Rivet
10/09/2019 // 9001 SUMMA AVE BATON ROUGE LA 70809
  • Type: Commercial: Addition
  • Description: Renovation of 11,000 s.f. to ste 140, and addition of 11,700 s.f., on first floor of existing BRG Center for Health Medical Office Bldg. on the BRGMC Bluebonnet campus, Business occupancy. The Suite will be used for an ambulatory surgery center.
  • Owner: Peyton Grant
10/09/2019 // 3458 STE B DRUSILLA LN BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Food retail. 1500sf
  • Owner: Donnie Jarreau
10/09/2019 // 7539 STE 120 CORPORATE BLVD BATON ROUGE LA 70806
  • Type: Commercial: Remodel
  • Description: Renovation of 1,532 s.f. bldg. for men’s personal service and grooming, Business use.
  • Owner: N/A
10/09/2019 // 2623 GOVERNMENT ST BATON ROUGE LA 70806
  • Type: Gas Test
  • Description: office
  • Owner: Belk Bob
10/09/2019 // 465 LOFASO ST BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Warehouse. Cabinet shop. 4000sf
  • Owner: Mike Roach
10/09/2019 // 3100 BRENTWOOD DR BATON ROUGE LA 70809
  • Type: Commercial: Generator
  • Description: Installation of 80 KW natural gas Generator at existing building. Generator installed towards rear of building near left side, 5.5′ from building and nearest window. There should be no other windows, units, structures, etc. within 5′ of generator, as not indicated on plans.
  • Owner: N/A
10/09/2019 // 19414 PERKINS RD E BATON ROUGE LA 70810
  • Type: Electrical
  • Description: We are replacing the weather head on service
  • Owner: Kevin Mawae
10/09/2019 // 411 CORDOVA AVE BATON ROUGE LA 70820
  • Type: Commercial: Generator
  • Description: Install a 45kW Generator on a pumping station. Generator located almost to gate entry on right side near lot 1, 9′ from property line, 13′ from gate, 10′ from nearest lot. There should be no other windows, units, structures, etc. within 5′ of generator, as not indicated on plans.
  • Owner: N/A
10/09/2019 // 1793 BEAUMONT DR BATON ROUGE LA 70806
  • Type: Occupancy
  • Description: Laminate supply Warehouse
  • Owner: Robert Terese
10/09/2019 // 157 E STATE ST BATON ROUGE LA 70802
  • Type: Commercial: Remodel
  • Description: Renovation of 2 story central hallway of 350 s.f. serving an 8-plex apartment building, also being renovated. Including renovations to front and rear porch access. NO E., M., P. existing lighting fixtures.
  • Owner: MATT BINNING
10/09/2019 // 2639 NORTH ST BATON ROUGE LA 70802
  • Type: Occupancy
  • Description: Existing Laundry Mat
  • Owner: N/A
10/08/2019 // 2421 S ACADIAN THWY BATON ROUGE LA 70808
  • Type: Hotel/Motel
  • Description: Hotel/motel
  • Owner: Courtyard By Marriott International
10/08/2019 // 4647 FLORIDA BLVD BATON ROUGE LA 70806
  • Type: Commercial: New
  • Description: New construction of 2795 s.f. bldg. for automobile rental Business use, with landscaping/parking/drop off canopy/site work to serve.
  • Owner: Justin Giallonardo
10/08/2019 // 2618 OSAGE ST BATON ROUGE LA 70805
  • Type: Occupancy
  • Description: Dance studio. 800sf Occupant load – 50
  • Owner: N/A
10/08/2019 // 11940 BRICKSOME AVE BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Office space
  • Owner: Ellie Dantin
10/08/2019 // 103 FRANCE ST BATON ROUGE LA 70802
  • Type: Hotel/Motel
  • Description: Hotel permit
  • Owner: Mark Thompson
10/08/2019 // 16640 FLORIDA BLVD BATON ROUGE LA 70819
  • Type: Occupancy
  • Description: OFFICE SPACE
  • Owner: N/A
10/08/2019 // 3045 VALLEY CREEK DR BATON ROUGE LA 70808
  • Type: Hotel/Motel
  • Description: HOTEL SOLD. NEW OWNER AND USE CHANGE.
  • Owner: Roger Desai
10/08/2019 // 7680 ANDREA DR BATON ROUGE LA 70809
  • Type: Commercial: Remodel
  • Description: Renovation of existing 12,364 s.f. bldg. for continued Assembly-2 use as restaurant.
  • Owner: Walter Boyd
10/08/2019 // 14241 AIRLINE HWY BATON ROUGE LA 70817
  • Type: Commercial: Remodel
  • Description: Renovation to 2000 s.f. STE 108 for food preparation and sales; includes new interior walls, walk-in cooler, kitchen equipment, relocating R/A…Tenant demising walls are existing 1-hour fire rated.
  • Owner: Casey Dubois
10/07/2019 // 2798 O’NEAL LN BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: office space
  • Owner: N/A
10/07/2019 // 10051 CELTIC DR BATON ROUGE LA 70809
  • Type: Small Cell Unit
  • Description: 6 AT&T Small Cell Facilities
  • Owner: AMANDA ALVAREZ
10/07/2019 // 9169 OXFORD PLACE DR BATON ROUGE LA 70809
  • Type: Small Cell Unit
  • Description: 6 AT&T Small Cell Facilities
  • Owner: AMANDA ALVAREZ
10/07/2019 // 2561 CITIPLACE CT BATON ROUGE LA 70808
  • Type: Sign: On Premise
  • Description: Wall sign at 18.4′ by 3′. Illuminated.
  • Owner: Jeremy Halford
10/07/2019 // 9548 VETERANS MEMORIAL BLVD BATON ROUGE LA 70807
  • Type: Electrical
  • Description: Installing 200 Amp Service with a 200 amp Main Breaker, 3-0 Feeders 240 volt, 2- 200 amp Interior panel, Installing 30 Amp Circuit for Air Compressor
  • Owner: Rodger Shaw
10/07/2019 // 8286 CYPRESS RD BATON ROUGE LA 70811
  • Type: Small Cell Unit
  • Description: 6 AT&T Small Cell Facilities
  • Owner: AMANDA ALVAREZ
10/07/2019 // 1680 O’NEAL LN BATON ROUGE LA 70816
  • Type: Commercial: Remodel
  • Description: Renovation of 2 apartments (1st floor Units 339 & 340), BLDG T approx. 1350 s.f. each unit due to tree damage, including roof, interior walls, floor joists, patio, balcony, stairs, patio, etc.. (See 104145 for 2nd fl. Units 439 & 440).
  • Owner: Kenneth Shirley
10/07/2019 // 9263 AMBER DR BATON ROUGE LA 70809
  • Type: Commercial: New
  • Description: New construction of 3,935 s.f. bldg. for Business office (1,598 s.f.) and warehouse (2,337 s.f.) use, and parking to serve.
  • Owner: Matt Sotile
10/07/2019 // 4505 SOUTHWIND DR BATON ROUGE LA 70816
  • Type: Small Cell Unit
  • Description: 6 AT&T Small Cell Facilities
  • Owner: AMANDA ALVAREZ
10/07/2019 // 1643 LEONARD DR BATON ROUGE LA 70810
  • Type: Mechanical
  • Description: Change out condensor, furnace, and thermostat. Tie into existing
  • Owner: Paul Kleinpeter
10/07/2019 // 1680 O’NEAL LN BATON ROUGE LA 70816
  • Type: Commercial: Remodel
  • Description: Renovation of 2 apartments (2nd floor Units 436 & 440), BLDG T, approx. 1350 s.f. ea. unit due to tree damage, including roof, interior walls, floor joists, patio, balcony, stairs, etc.. (See 102369 for 2nd fl. Units 339 & 340).
  • Owner: Kenneth Shirley
10/07/2019 // 2798 O’NEAL LN BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Lobby
  • Owner: N/A
10/07/2019 // 10221 STE D PATRIOT DR BATON ROUGE LA 70816
  • Type: Occupancy
  • Description: Personal training center. 1950sf
  • Owner: N/A
10/07/2019 // 6323 EQUITY DR BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Commercial Warehouse
  • Owner: Daulatrai Sthanki
10/07/2019 // 921 STANFORD AVE BATON ROUGE LA 70808
  • Type: Small Cell Unit
  • Description: 6 AT&T Small Cell Facilities
  • Owner: AMANDA ALVAREZ
10/07/2019 // 10511 PECUE LN BATON ROUGE LA 70810
  • Type: Small Cell Unit
  • Description: 6 AT&T Small Cell Facilities
  • Owner: AMANDA ALVAREZ
10/07/2019 // 7746 CAPISTRA DR BATON ROUGE LA 70811
  • Type: Sign: Political
  • Description: BESE District 8
  • Owner: Vereta Lee
10/07/2019 // 11821 DUNLAY AVE BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Office/warehouse 2358sf
  • Owner: N/A
10/07/2019 // 11294 FLORIDA BLVD BATON ROUGE LA 70815
  • Type: Sign: On Premise
  • Description: 2 wall sign at 26.375′ by 2′. Illuminated.
  • Owner: Donovan Morein
10/07/2019 // 11800 INDUSTRIPLEX BLVD BATON ROUGE LA 70809
  • Type: Occupancy
  • Description: Convenience store wholesale storage space. 6500sf
  • Owner: Janine Jacquin
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