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    4816-4818 W Lloyd Expy Evansville, IN 47715

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    For Lease
    $10 SF/Yr ($2,500 /Mo)

    Retail space with high traffic and excellent visibility.

    Property size:
    3,000 SF
    Lot size:
    1.25 Acres

    Property Features for 4816-4818 W Lloyd Expy

    General Information

    Size
    3,000 SF
    Lot size
    1.25 Acres

    Source: Woodward Commercial Realty, Inc. Agent Brian Myrick

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

    Overview

    Retail Space with High Visibility

    This retail and office strip center benefits from visibility from the Lloyd Expressway. The location is near national chain restaurants such as Subway, Chipotle, Culvers, Starbucks, and Donut Bank, which contribute to high traffic in the area. The property features ample parking and a marque sign with digital capabilities that is visible from the highway. One space of 750 square feet with an office build-out and restroom is currently leased until September 22, 2025. Another space offers 3,000 square feet with an open floor plan and a restroom.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    -87.633403
    Latitude
    37.9759119

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    FAQs

    What type of property is this?
    Strip mall - Retail space with high traffic and excellent visibility.
    Where is this strip mall located?
    The property is located at 4816-4818 W Lloyd Expy 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 from the Lloyd Expressway.; - Located in a high-traffic area near Papa Johns, Subway, Chipotle, Culvers, Starbucks, and Donut Bank.; - Ample parking available.
    (812) 205-8701
    Request Owner's contact information
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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
    4816-4818 W Lloyd Expy Evansville, IN 47715
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