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    1338-1340 E Division St Evansville, IN 47711

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    For Lease
    $12 SF/Yr ($2,100 /Mo)

    Office space for lease with high visibility and open layout.

    Property size:
    2,100 SF
    Lot size:
    0.21 Acres

    Property Features for 1338-1340 E Division St

    General Information

    Size
    2,100 SF
    Lot size
    0.21 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

    Office Space Near Lloyd Expressway

    This office space, available for lease, is located off the Lloyd Expressway, in close proximity to Highway 41. The property benefits from excellent visibility, with an Average Annual Daily Traffic count of 65,926 on the Lloyd Expressway. The space features an open floor plan, two restrooms, and a kitchenette. A newly paved parking lot is available, along with on-street parking. The lease rate is $12 per square foot per year, plus $2.60 NNN charges. The property size is 2,100 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5396309
    Latitude
    37.9774485

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    FAQs

    What type of property is this?
    Office space - Office space for lease with high visibility and open layout.
    Where is this office space located?
    The property is located at 1338-1340 E Division St Evansville, IN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Excellent visibility from the Lloyd Expressway with 65,926 AADT; - Located off of the Lloyd Expressway in close vicinity to Highway 41; - Lease Rate: $12/SF/YR + $2.60 NNN charges
    (812) 604-5973
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    1338-1340 E Division St Evansville, IN 47711
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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
    1338-1340 E Division St Evansville, IN 47711
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