Kokomo, IN 46902
- Land
- 0.13 lot acres
Current Use by Public Records
- Land
Property Details
- Lot size
- 0.13 lot acres
- Property type
- Land
Description
This exceptional 0.125-acre commercial lot, located at Lot 16 S Lafountain in Kokomo, Indiana (46902), presents a unique investment opportunity. Situated in a thriving area, this R4 zoned property offers convenient access to Indiana University Kokomo, making it an attractive location for various commercial ventures. The lot is conveniently located in the 1900 block of S Lafountain, just north of Poplar Street and two blocks north of IU Kokomo. The property boasts city utilities including public water and sewer, as well as readily available gas and electricity. The lot is level, measuring between 0 and 2.9999 acres, and features city road frontage. This is a ready-to-build site with all essential utilities in place, eliminating the need for extensive infrastructure development. The asking price is $20,000. Buyers have the option to purchase one or two lots. Don't miss this chance to acquire a valuable piece of commercial real estate in a rapidly growing area of Kokomo.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kokomo
- County
- Howard
- State
- Indiana
- Longitude
- -86.1271
- Latitude
- 40.4521
