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    Property profile & analytics

    6401 Lloyd Expy Evansville, IN 47715-2796

    • Strip malls
    • 109,983 SF
    • 27.68 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 26, 2023
    $50,000
    Location Intelligence
    Property ID
    US31-1222219
    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.

    Current Use by Public Records

    • Pink Nails / Beauty Salon / Nail Salon
    • Biaggi's Ristorante Italiano / Italian Restaurant / Restaurant
    • Bishops Cut / Color / Barber Shop / Hair Salon
    • Moe's Southwest Grill / Caterer / Mexican Restaurant
    • Starbucks / Internet Cafe / Breakfast Restaurant

    Property Details for 6401 Lloyd Expy

    Year built
    2002
    Construction
    TYPE NOT SPECIFIED
    Lot size
    27.68 lot acres
    Property size
    109,983 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    82-07-30-017-162.012-027
    APU
    820730017162012027

    Description

    The Evansville Pavilion, a prominent retail center in Vanderburgh County, offers exceptional leasing opportunities. This multi-tenant property boasts a total of 410,487 square feet, currently featuring seven suites. A significant 20,038 square feet of space is currently vacant, providing immediate availability for prospective tenants. The property offers flexible space options, with a minimum divisible unit size of 1,200 square feet and a maximum contiguous space of 8,038 square feet. This allows for businesses of various sizes to find a suitable location within the center. The high-traffic location ensures excellent visibility and accessibility for your business, making it an ideal choice for retailers seeking a strong presence in the Evansville market. Six spaces are currently available for lease, presenting a unique opportunity to establish or expand your retail operation in a well-established and thriving commercial center. The property's size and layout offer considerable potential for a variety of retail uses. Contact us today to learn more about the available spaces and lease terms.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.4719
    Latitude
    37.9743
    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
    $1,101,864
    $10,137,500
    $24,601,900
    $34,739,400
    -
    $10,137,500
    $24,601,900
    $34,739,400

    Comparable in this City

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      1921 Grn Riv Rd

      SHOPPING CENTER, STRIP CENTER • 21,008 SF
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    • Value Estimation
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      3000 Grn Riv Rd

      SHOPPING CENTER, STRIP CENTER • 9,940 SF
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      103,405 SF

      300 Grn Riv Rd

      SHOPPING CENTER, STRIP CENTER • 103,405 SF
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    • Value Estimation by Request
      30,417 SF

      5300 Indiana St

      SHOPPING CENTER, STRIP CENTER • 30,417 SF
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    Similar Nearby for Sale

    • Contact for pricing
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      Class A retail space with high traffic and prime location.
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      Restaurant in Retail Corridor

      Stand-alone restaurant in a high-traffic retail area.
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      Turnkey event center suitable for retail, restaurant, or office.
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    Similar Nearby for Lease

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      Evansville Retail Center Opportunity

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    • $900 /Mo
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      Retail/Office Space on Bellemeade Avenue

      Retail/Office space available in an attractive strip center.
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    • $10 SF/Yr
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      Retail Space with High Visibility

      Retail space with high traffic and excellent visibility.
      4816-4818 W Lloyd Expy, Evansville, IN 47715
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    • $10 SF/Yr
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      Evansville Retail Center - Prime Location

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      Evansville Creative Office Space

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    Evansville, IN 47715-2796
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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
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