3550 South Lafountain Street Kokomo, IN 46902
Single-story car wash with detailing addition and advertising income.
- Added:
- Mar 25, 2026
- Days on Market:
- 112
- Last Refresh:
- Jul 4 at 12:12 am
Property Features for 3550 South Lafountain Street
General Information
- Standard status
- Active
- Size
- 4,095 SF
- Lot size
- 0.59 Acres
- Property subtype
- Retail
Listing office CBRE | Indianapolis (317) 269-1040
Listing date Mar 25, 2026
Source Cbre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Indianapolis
Investment Insights
Based on property information with market context.
Key Highlights
- Advertising billboard on site provides income
- 4,095 SF Building offers ample space
- Zoning: C‑2 Medium to Large Scale Commercial
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.4k | $15.96 |
| − Vacancy | −$2.9k | −$0.70 |
| EGI | $62.5k | $15.26 |
| − OpEx | −$18.7k | −$4.58 |
| NOI | $43.7k | $10.68 |
