1785 Lincoln Rd Kokomo, IN 46902-3993

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Property lookup
Medical Office Space
IN
Kokomo
46902
1785 Lincoln Rd

Property profile & analytics

1785 Lincoln Rd, Kokomo, IN 46902-3993

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Medical Office Space
18,900 SF
2.03 lot acres

Off-Market

Property ID

US31-2121869

Value Estimations

$935,000

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Cap Rate Potential

Location Intelligence

Current Use by Public Records

Medical Office Space

Property Details for 1785 Lincoln Rd

Year built: 1990
Construction: TYPE NOT SPECIFIED
Lot size: 2.03 lot acres
Property type: Medical Office Space
Property subtype: Medical centers
APN: 34-10-07-426-004.000-002
APU: 341007426004000002

Sales History

Date	Price	Buyer	Seller	Deed Type	Mortgage
Sep 13, 2012	—	Takoda Patners LLC	Mesaba LLC	Quit Claim Deed · related	—

Value Estimations

based on Realmo’s proprietary methodology

CAP approach

CAP Return

Estimation

6%

$1,030,000

6.5%

$950,000

7%

$885,000
Alternative Use

Use

Estimation

MEDICAL BUILDING

$995,000
Current use

RETAIL STORES

$1,530,000
Change: +54% Conversion: Difficult

RESTAURANT

$1,485,000
Change: +49% Conversion: Difficult

COMMERCIAL (GENERAL)

$1,410,000
Change: +42% Conversion: Easy

AUTO REPAIR, GARAGE

$1,350,000
Change: +36% Conversion: Difficult

WAREHOUSE, STORAGE

$1,330,000
Change: +33% Conversion: Difficult

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Location Insight

Map
Local Demand

City: Kokomo
County: Howard
State: Indiana
Longitude: -86.1089
Latitude: 40.4546
CBSA code: 29020
CBSA name: KOKOMO, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date

Tax Amount

Assessed Land Value

Assessed Improvement Value

Total Assessed Value

Applied Tax Rate

Land Market Value

Improvement Market Value

Total Market Value

2023

$44,274

$182,700

$1,293,100

$1,475,800

$182,700

$1,293,100

$1,475,800

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