Land next to the Walmart in Baker sells for $189K

The March 30, 2020 issue covers four commercial sales recorded across Baton Rouge the previous week, totaling $294K in disclosed volume. The headline deal: XL Development GP, Wilbur Evans, president of Tennessee-based First Bank Ventures, paid $189K ($5.49/Land SF) for a parcel of land next to the Walmart in Baker near Plank Road and Groom Road. NADG NNN Reit bought the Church's Chicken at Airline Highway and McClelland Drive at an undisclosed price, and a developer bought 1.84 acres near the Kenilworth Shopping Center on Highland Road, also undisclosed, with plans for LaRosa di Highland, a live/work development.

By ELIFIN® Source: ELIFIN transaction database

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4Commercial sales recorded
$294KDisclosed volume (2 of 4 sales)
$189KLargest sale · Tract A-1-B-1 Groom Rd
2Planning Commission cases

Commercial Sales Recorded Last Week 4 sales

Tract A-1-B-1 Groom Rd

Tract A-1-B-1 Groom Rd

$189,000 $5.49 / Land SF

Wilbur Evans, President of Tennessee-based First Bank Ventures, purchases parcel of land neighboring the Walmart in Baker near the corner of Plank Rd and Groom Rd.

BuyerXL Development GP

6960 Goya Ave

6960 Goya Ave

$105,000 $35 / SF

Office/warehouse in Melrose East subdivision sells near the corner of Goya Ave and N Donmoor Ave.

BuyerBHC Properties LLC

5460 Airline Hwy

5460 Airline Hwy

Price withheld

NADG NNN Reit, an investment firm focusing on high visibility single tenant properties, purchases Church's Chicken location on the corner of Airline Hwy and McClelland Dr. Price withheld.

BuyerNADG NNN CHU (BAT-LA) LP

Lots 1-A, 2-A Highland Rd

Lots 1-A, 2-A Highland Rd

Price withheld

Developer purchases 1.84 acres near the Kenilworth Shopping Center with plans to build LaRosa di Highland, a live/work development that will be connected with the neighboring shopping center. Price withheld.

BuyerLaRosa Investments LLC

Upcoming Planning Commission Cases 2 cases

225, 235 Staring Lane: Proposed Rezoning

Submitted by James S. Vilas

Proposed Rezoning from Single Family Residential (A1) to General Office Low Rise (GOL) for high end low rise individual office suites. Property located near the intersection of Staring Ln / Highland Rd.

963 Terrace Ave: Proposed Local Historic Landmark

Submitted by Fairleigh Jackson, Executive Director of Preserve Louisiana

Proposed designation of Local Historic Landmark on the Dr. Leo S. Butler and Estelle Devall Butler Family Home.

Commercial Permits Issued Last Week 15 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
15454 S HARRELL'S FERRY RD BATON ROUGE LA 70816Occupancy: CleanN/AOffice with warehouse spaceO Brooke Barnett
11019 PERKINS RD BATON ROUGE LA 70810OccupancyN/ACommercial occupancy: administrative officeO Barry Blumberg
2311 LAUREL LAKES AVE BATON ROUGE LA 70820ElectricalN/ANew 100 amp service. Power for fountain in lake.O —
2834 ANDOVER ST BATON ROUGE LA 70807ElectricalN/Areplacing electrical service at AndoverO Tevin Wade
5212 GLEN OAKS DR BATON ROUGE LA 70811Commercial: AdditionN/ARenovation/Addition of existing storage room of 550 s.f. in existing existing day care to add childcare classroom space, restroom and utility area to existing daycare center, I-2 occupancy. Adding new exit door direct to outside, and porch.O Sebastian Brazelton
10510 AIRLINE HWY BATON ROUGE LA 70809OccupancyN/AFitness and Martial Arts StudioO John Loftus
4111 S SHERWOOD FOREST BLVD BATON ROUGE LA 70816OccupancyN/ACommercial Business (Group B)O Mitch Verma
855 HEARTHSTONE DR BATON ROUGE LA 70806Commercial: NewN/ANew construction of two buildings to total 7,844 s.f. (+ 2,500 s.f. canopy) to accommodate exercise for students as well as sports equipment storage. THIS permit is for the training facility of 6,633 s.f. with restrooms, office, and foyer, and site work to serve, including canopy structure of 2,500 s.f. See permit 104044 for Storage Building of 1200 s.f.O Gene Tullier
7514 BLUEBONNET BLVD BATON ROUGE LA 70810ElectricalN/AReplace a 200 amp service disconnectO Xi Lin
450 LAUREL ST BATON ROUGE LA 70801Commercial: RemodelN/AInterior renovations to existing office space of 6,592 s.f. portion of 11th floor for continued Business use. (Existing core stairs, and common areas are not in contract.O Gary Black
855 HEARTHSTONE DR BATON ROUGE LA 70806DemolitionN/ADemolition of a 12' ft storage buildingO —
8555 UNITED PLAZA BLVD BATON ROUGE LA 70809Commercial: RemodelN/AInterior renovations to 8,600 s.f. portion of third floor, Suite 300, for continued Business office tenant use– new meeting rooms, pantry, break room, and amenity areas, etc.O Jaclyn Dagr
3914 MONROE AVE BATON ROUGE LA 70802OccupancyN/Arental propertyO Brent Charlet
3038 NORTH ST BATON ROUGE LA 70802Commercial: RemodelN/AFire damage in rear storage room. Renovation of 800 s.f. in grocery store. Replace ceiling tile, insulation, sheet metal on exterior of storage room, replace light fixtures, wiring and receptacle in storage area, replace 2 exterior doors, electrical fixtures, 4 LED ceiling lights, 2 exit signs, 2 exterior lights, 2 vent fans. NO STRUCTURAL CHANGES.O Bay Tran
9555 ANTIOCH RD BATON ROUGE LA 70817Commercial: ShellN/ANew construction of 6,572 s.f. Business office bldg. to have 4 tenant suites (A to remain a vanilla box complete interior, B, C, and D all to be complete interiors), and parking/site work to serve. THIS permit is for the Shell bldg. of 6,572 s.f. and the site work and parking to serve. NOTE: REVISED 3/3/2020 to total of 4 suites: A, B, C, and D.O Russell Mosely
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