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629 S 200 E
Kokomo, IN 46902
Asking Price
$2.49M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 71.15 acres <ul><li>Prime Location: Located in the heart of Kokomo, IN, within a half mile of the US Highway 31 interchange.</li><li>Development Potential: Ideal for residential development with ample space and versatility.</li><li>Accessibility: Excellent access to major highways, enhancing convenience for future residents or developments.</li><li>Proximity to Amenities: Just three miles from a bustling commercial area featuring popular chain restaurants, Marketland Mall, and various outlet stores.</li
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NOI
$80,000
Cap Rate
3.21%
DSCR
0.54
Underwater
Cash-on-Cash
-9.07%
Monthly Payment
$12,311.74
Annual Cash Flow
$-67,740.883
