Kokomo, IN 46902
This exceptional 4-acre agricultural parcel, located at 200 W in Kokomo, Indiana (Howard County, zip code 46902), presents a unique investment opportunity. Currently cash leased, this property boasts a prime location within a high-traffic area, making it ideal for a variety of development projects. The lot's size and surrounding acreage provide ample space for either commercial or residential construction, subject to obtaining necessary zoning approvals and permits. The property's APN is 3-5.9999. Given the reported housing shortage in Kokomo, this land offers significant potential for builders seeking to address this demand. The asking price for this strategically located 4-acre tract is $150,000. Its coordinates are 40.4206109 latitude and -86.1651403 longitude. Serious inquiries are encouraged to explore the possibilities this property offers. This is a rare opportunity to acquire land in a thriving area with high potential for future growth and development.
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
Similar Nearby for Lease
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.