Kokomo, IN 46902
This exceptional 0.125-acre commercial lot, located at Lot 17 S Lafountain in Kokomo, Indiana (46902), presents a fantastic opportunity for development. Situated in the 1900 block of S Lafountain, this property enjoys a central location, just north of Poplar Street and two blocks north of Indiana University Kokomo. The lot is zoned R4, city residential, offering flexibility for various commercial projects. The land itself is level and easily buildable, measuring less than three acres. Utilities are readily available, including public water, electricity, and natural gas. This property's convenient location and accessibility make it an attractive investment for businesses seeking a strategic presence in Kokomo. The asking price is $20,000. Don't miss this chance to acquire a prime piece of Kokomo real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.