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Property profile & analytics
OFF-MARKET
Land

Kokomo, IN 46902

0.13 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.13 ac (5,445 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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