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Property profile & analytics
OFF-MARKET
Medical Office Space

3900 Southland Ave Kokomo, IN 46902-3689

6,618 SF 0.58 ac lot Built 1978
Entity Owned Free & Clear
Property ID
US31-1501445
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1978
Construction WOOD
Total area 6,618 SF
Lot 0.58 ac (25,265 SF)
APN 34-09-13-276-005.000-006
UPID US31-1501445
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
Current use
Occupant on record · Public records
  • Internal Medicine Physicians Medical Clinic
  • Abundant Life Church - Central Office Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
ABUNDANT CHURCH INC
ABUNDANT CHURCH INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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