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Property profile & analytics
OFF-MARKET
Land

Kokomo, IN 46902

4 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 4 ac (174,240 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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