Property profile

431 E Lincoln Rd Kokomo, IN 46902

FOR SALE
Retail space
Property ID
US31-2889793
3,000 SF 0.23 ac lot Built 2015
Entity Owned Absentee Owner Free & Clear
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431 E Lincoln Rd, Kokomo, IN 46902 For Sale
Contact for pricing 3,000 SF
431 E Lincoln Rd, Kokomo, IN 46902
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Property summary

AI-generated overview

This exceptional single-tenant office building, located at 431 E Lincoln Rd in Kokomo, Indiana, presents a fantastic investment opportunity. Built in 2015, the property boasts a total of 2,898 square feet of space, currently entirely vacant, offering immediate occupancy for a new business. The building is a single-story structure situated on a 0.23-acre lot, providing ample parking for employees and clients. Its prime location on Lincoln Road offers high visibility, directly across from the American Legion Golf Course, ensuring significant exposure to potential customers. The property's traditional office layout is ideal for a variety of businesses seeking a well-maintained and conveniently located space. The building's 2015 construction ensures modern amenities and efficient design. This is a rare opportunity to acquire a fully vacant, ready-to-occupy commercial property in a desirable Kokomo location. The property's size and location make it suitable for a range of businesses seeking a prominent presence in the Kokomo market. The ample parking further enhances its appeal to both employees and clients. This property is zoned for office use and offers a great opportunity for immediate occupancy and business growth. The zip code is 46902.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2015
Construction WOOD
Total area 3,000 SF
Lot 0.23 ac (10,019 SF)
APN 34-10-07-301-023.000-002
UPID US31-2889793

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

431 E Lincoln Rd Kokomo, IN 46902
Kokomo metro Census 1400 KOKOMO, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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