6929 E Lloyd Expressway

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6929 E Lloyd Expressway

Evansville, IN 47715
Asking Price
$399K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning 1.39 acres total area.
  • Located along the prominent East Lloyd Expressway corridor.
  • Offered for sale at an asking price of $399,000.
  • Site positioned within a major Evansville commercial district.
  • Suitable location for diverse retail or commercial development.

What's Special

This 1.39-acre commercial land parcel sits along the East Lloyd Expressway in Evansville, Indiana. The site occupies a strategic position within a primary commercial corridor of the city, providing high visibility and accessible frontage for various development projects. As Evansville serves as a regional hub for commerce and healthcare in southwestern Indiana, this location remains well-suited for businesses looking to capitalize on established traffic patterns and surrounding retail infrastructure. Prospective buyers might consider the site for ground-up commercial construction, retail expansion, or professional service facilities. The property dimensions offer a functional footprint for diverse site plans aimed at serving the growing suburban and professional population of the metro area. Interested parties can explore potential site development opportunities within this active commercial sector.

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NOI
$80,000
Cap Rate
20.05%
DSCR
3.38
Strong
Cash-on-Cash
47.04%
Monthly Payment
$1,974.034
Annual Cash Flow
$56,311.588

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