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    5525 Pearl Dr Evansville, IN 47712

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    For Lease
    $10 SF/Yr ($1,583 /Mo)

    Retail space in high-demand area near Lloyd Expressway.

    Property size:
    1,900 SF
    Lot size:
    1.05 Acres

    Property Features for 5525 Pearl Dr

    General Information

    Size
    1,900 SF
    Lot size
    1.05 Acres

    Source: NAI Prime Commercial Agent Scott Hyatt, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Evansville Retail Space For Rent

    Located in Evansville's west side retail district, across from AMC Theaters, this building offers high visibility. The property, with a size of 1900 square feet, is suitable for continued use as a multi-tenant building or can be converted to single-tenant use. The location is ideal for high-visibility retail or professional services. The consumer base extends to Mt. Vernon, IN, and into Southern Illinois. The property is minutes from the USI campus, which has over 12,500 students and faculty. Area retailers include Super Walmart, Lowe's, Home Depot, Schnucks Supermarket, AMC Theaters, and a host of other national and local restaurants, businesses, and banks. The property has frontage along the Lloyd Expressway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Malibu Tan Tanning Salon Bucks & Jakes Outfitters Gun Shop Island Rayz Tanning ... Tanning Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.6428237
    Latitude
    37.9745225

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    FAQs

    What type of property is this?
    Retail space - Retail space in high-demand area near Lloyd Expressway.
    Where is this retail space located?
    The property is located at 5525 Pearl Dr Evansville, IN.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location in the heart of Evansville's west side retail district with frontage along the Lloyd Expressway.; - Rare opportunity for a large user or investor to capitalize on a growing west side market.; - Suitable for multi-tenant or single-tenant use.
    (812) 430-4989
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    5525 Pearl Dr Evansville, IN 47712
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    Evansville, IN 47712
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5525 Pearl Dr Evansville, IN 47712
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