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    431 Lincoln Rd Kokomo, IN 46902

    Sponsored
    For Sale
    $450,000

    Prime Kokomo office space, vacant & ready.

    Property size:
    2,898 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2,898-square-foot office building presents a compelling investment opportunity in Kokomo, Indiana. Located at 431 E Lincoln Rd, this single-story, 2015-constructed property boasts high visibility across from the American Legion Golf Course, ensuring significant exposure for your business. The building is zoned C1 and offers ample on-site parking for both employees and clients, a key advantage in a busy commercial area. The entire 2,898 square feet is currently vacant, providing immediate occupancy for a new tenant or owner-occupier. The asking price is $450,000, translating to $155.28 per square foot. This represents a strong value proposition in the Kokomo market, given the property's size, location, and modern construction. The property's single-unit structure simplifies management and ownership, making it an ideal investment for both seasoned investors and those new to commercial real estate. Its strategic location and modern design make it an attractive option for a wide range of businesses seeking a prominent presence in Kokomo. Don't miss this chance to acquire a well-situated, ready-to-occupy office building in a thriving Indiana community. The property is situated in Howard County, Indiana, with a zip code of 46902.

    Property Features for 431 Lincoln Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,898 SF

    Building Details

    Year Built
    2015
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $450,000 asking price for this vacant office building.
    • 2,898 square feet of rentable space in a single‑story building.
    • Located at 431 E Lincoln Rd, Kokomo, IN 46902, offering high visibility across from the American Legion Golf Course.
    • Features on‑site parking.
    • Built in 2015, with C1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.125203
    Latitude
    40.4549198

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Kokomo office space, vacant & ready.
    Where is this office property / space located?
    The property is located at 431 Lincoln Rd Kokomo, IN.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price for this vacant office building.; 2,898 square feet of rentable space in a single-story building.; Located at 431 E Lincoln Rd, Kokomo, IN 46902, offering high visibility across from the American Legion Golf Course.
    Request Owner's contact information
    431 Lincoln Rd Kokomo, IN 46902
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    Kokomo, IN 46902
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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
    431 Lincoln Rd Kokomo, IN 46902
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