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    5301 Pearl Dr Evansville, IN 47712

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    For Lease
    $15 SF/Yr ($3,792 /Mo)

    3034 SF retail/office space with high traffic visibility.

    Property size:
    3,034 SF
    Lot size:
    2.08 Acres

    Property Features for 5301 Pearl Dr

    General Information

    Size
    3,034 SF
    Lot size
    2.08 Acres

    Source: Hahn Kiefer Real Estate Services Agent Joseph Kiefer

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

    Overview

    Retail/Office Space on Pearl Drive

    This 3034 square foot space, zoned C-4, is suitable for retail, office, or restaurant use. It features a double-door, glass storefront, a reception/lobby area, two restrooms, a kitchenette, and HVAC. The layout includes 8 office spaces and a conference room. The office spaces are equipped with TVs, computers, desks, and chairs. An option is available to add a grease trap for a restaurant tenant. The property benefits from high traffic counts of 33,581 AADT on W Lloyd Expressway and is located on Evansville’s west side, near major retailers, restaurants, banks, and gas stations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    McAlister's Deli Sandwich Shop DaVita Eagles Dialysis Dialysis Center Joces Car Towings Tire Shop Profile Nutritionist

    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
    -87.6397874
    Latitude
    37.9751656

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    FAQs

    What type of property is this?
    Retail space - 3034 SF retail/office space with high traffic visibility.
    Where is this retail space located?
    The property is located at 5301 Pearl Dr Evansville, IN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High traffic count (33,581 AADT) and Lloyd Expressway visibility.; - Suitable for retail, office, or restaurant use.; - Includes fully equipped office spaces with TVs, computers, desks, and chairs.
    (812) 604-5973
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    5301 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
    5301 Pearl Dr Evansville, IN 47712
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