3900 Southland Ave Kokomo, IN 46902-3689
This exceptional commercial property, located at 3900 SOUTHLAND Avenue in Kokomo, Indiana, presents a unique investment opportunity. The completely renovated building boasts a substantial 6618 square feet of versatile office space, ideally suited for a variety of businesses. The layout includes 15 individual offices, providing ample privacy for employees or tenants. Three spacious conference rooms facilitate productive meetings and collaborations. Two large, open work stations offer flexible workspace options for teams. The building also features five bathrooms, a well-equipped kitchenette break room for employee convenience, and an inviting reception area to create a positive first impression. Additional amenities include a dedicated utility room, a sizable storage area, and a separate work area, ensuring efficient operations. With 30 parking spots available on-site, ample parking is guaranteed for employees and clients. The property sits on a 0.58-acre lot and is strategically located near 931, offering excellent accessibility and visibility. This turnkey office building is priced at $724,900 and represents an outstanding opportunity to acquire a high-quality, well-maintained commercial property in a desirable Kokomo location. The extensive renovations and thoughtful design make this a truly exceptional offering. The combination of size, amenities, and location makes this property an attractive investment for businesses seeking a modern and functional workspace.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.