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    5415 Lloyd Expy Evansville, IN 47715

    Sponsored
    For Sale
    $1,650,000

    Prime 1.34-acre lot, high traffic count.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.34-acre commercial land parcel presents a remarkable investment opportunity in Evansville, Indiana. Boasting an unparalleled location on the East Lloyd Expressway, this property offers exceptional visibility to over 75,000 vehicles daily. The C-2 zoning permits a wide range of commercial uses, making it ideal for businesses seeking high traffic exposure. Situated between Crossroads IGA and Car-Mart of Evansville, near Harrison High School, this strategically positioned lot enjoys a prominent 180-foot frontage on the busy East Lloyd Expressway. The asking price is $1,650,000. The property's location provides convenient access via a traffic light, ensuring easy ingress and egress for customers and employees. With its prime location, high traffic volume, and flexible zoning, this property is poised for significant success. The APN is 82-06-25-013-254.002-027. Don't miss this chance to acquire a highly visible and desirable commercial property in a thriving Evansville location.

    Property Features for 5415 Lloyd Expy

    General Information

    Property type
    Land
    Lot Size
    58,370 SF

    HighLights

    • 1.34‑acre commercial land parcel in Evansville, IN, priced at $1,650,000.
    • Exceptional visibility on East Lloyd Expressway with over 75,000 vehicles daily.
    • C‑2 zoning allows diverse commercial uses.
    • Prominent 180‑foot frontage on East Lloyd Expressway, between Crossroads IGA and Car‑Mart.
    • Convenient access via traffic light.
    • APN: 82‑06‑25‑013‑254.002‑027.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.48369838
    Latitude
    37.97658739

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    FAQs

    What type of property is this?
    Land - Prime 1.34-acre lot, high traffic count.
    Where is this land located?
    The property is located at 5415 Lloyd Expy Evansville, IN.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 1.34-acre commercial land parcel in Evansville, IN, priced at $1,650,000.; Exceptional visibility on East Lloyd Expressway with over 75,000 vehicles daily.; C-2 zoning allows diverse commercial uses.
    (812) 477-6980
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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
    5415 Lloyd Expy Evansville, IN 47715
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