A sampling of recent real estate list and sales prices around the Capital Region.
RESIDENTIAL
$4 million
Pecue Mobile Home Estates
This 141-lot mobile home park is located just off Airline Highway across from the Woman’s Hospital campus. The park currently has an occupancy rate of about 98% and was built in the early 1980s.
$1.58 million
33 lots in the Oak Ridge Estates subdivision
The second phase of this subdivision is under development on Elliot Road, near the intersection of Hoo Shoo Too Road. Both the first and second phases of the development will include about 50 to 60 homes, which will be priced in the $200,000 to $240,000 range. The lots have all of the infrastructure in place and are ready for building. The subdivision is being built on 66 acres, 38% of which will comprise lakes and green space, according to development plans. A third phase is also planned, which could bring the total number of homes in the subdivision to about 150.
$749,900
19718 Southern Hills Court
The 3,878-square-foot home on the golf course and lakes at Santa Maria features hand-scraped wood floors in the foyer and an expansive living room. Virtually the entire back of the home has tall windows that view one of Santa Maria’s manicured lakes with a fountain. The green of No.12 and the tee box of No. 13 are just on the other side of the lake.
$484,900
37242 Ski Side Ave., Prairieville
This French Country-style home with a triple-split floor plan and large bonus room above the garage is in the Lakes at Ascension Crossing, an upscale subdivision just minutes from Interstate 10 in Ascension Parish. The 3,456-square-foot house sits on a large corner lot, offering four bedrooms and three baths. The marble master bath features a 6-foot Jacuzzi soaker tub below a window and a big closet with a wall of shoe shelves.
COMMERCIAL
$420,000
A five-acre parcel at the corner of Airline Highway and Highland Road
Circle K snatched up this property next to its existing store and is moving forward with plans for another new prototype establishment, its fourth in the market. The convenience chain plans to demolish to make way for a new, larger prototype location. The new stores are larger than the traditional ones, with more gasoline pumps and fresh food items.
$425,000
Keypoint Federal Credit Union building, Prairieville
Plans call for this building at the corner of La. 44 and La. 42 on 28,000 square feet be converted to an Our Lady of the Lake urgent care facility. Galvez Medical purchased the 2,500-square-foot building from Casso Enterprises for about $170 per square foot. The property is located across from a new Neighborhood Walmart.
$708,000
10629 Hillary Court
This two-suite, 4,626-square-foot office building is just off Bluebonnet Boulevard near its intersection with Highland Road. At $153.04 per square foot, the sale price represents an increase for office space in the area. The building, located across the street from the Bluebonnet Regional Branch Library, is an older property that will require some renovation.
$1.5 million
Belle Aire Plaza Shopping Center
TSAI Property LLC bought this 110,000-square-foot center at the corner of Florida Boulevard and South Tamari Drive with plans to renovate it and add new tenants, including a specialty grocery store. The sale price for the center, which sits on a 9.8-acre lot, works out to about $13.73 per square foot. The original anchor tenant of the center was Home Depot, which has long has since vacated the property and has been replaced in part by an antique store. Other tenants include St. Vincent dePaul Society, Eccentric Illusions and Mattress Mart.
