5525 Pearl Dr Evansville, IN 47712
Property Lookup
Property profile & analytics
5525 Pearl Dr Evansville, IN 47712
- Strip malls
- 15,010 SF
- 1.05 lot acres
Property ID
US31-0784871
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Malibu Tan / Tanning Salon
- Bucks & Jakes Outfitters / Gun Shop / Archery Range
- Island Rayz Tanning Center / Tanning Salon
Property Details for 5525 Pearl Dr
- Year built
- 2001
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.05 lot acres
- Property size
- 15,010 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 82-05-28-007-452.010-024
- APU
- 820528007452010024
Description
This exceptional 15,010 square foot retail property, located at 5525 Pearl Drive in Evansville, Indiana, presents a unique investment opportunity. Situated on a 1.05-acre lot and built in 2001, the single-story building boasts a highly desirable location across from AMC Theaters in Evansville's Westside retail district, ensuring excellent visibility and foot traffic. Currently configured as a multi-tenant building, the property offers flexible space options, with a minimum divisible space of 1,900 square feet and a maximum contiguous space of 2,280 square feet. A significant 6,460 square feet is currently vacant, providing immediate occupancy potential for a variety of retail uses. The property is zoned C-4, allowing for a range of commercial activities. The address is 5525 Pearl Drive, Evansville, IN 47712, with a cross street of Red Bank Road. The property's APN is 82-05-28-007-452.010-024, and it's located in Vanderburgh County. This property is ideal for businesses seeking high visibility and convenient access in a thriving retail area. The existing infrastructure allows for either continued multi-tenant use or straightforward conversion to single-tenant occupancy, making it a versatile option for various business needs.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $400,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $608,000
Market price range: $298k - $702k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $500,000 Current use
- MEDICAL BUILDING
- $695,000 Change: +40% Conversion: Difficult
- WAREHOUSE, STORAGE
- $420,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.6428
- Latitude
- 37.9745
- CBSA code
- 21780
- CBSA name
- EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,332
$458,700
$674,500
$1,133,200
-
$458,700
$674,500
$1,133,200
