1221 Appletree LnKokomo, IN 46902

  • Office properties
  • 3,888 SF
For Lease
$2,500/SF/YR View listing

Property Details for 1221 Appletree Ln

Year built
1980
Construction
WOOD
Lot size
0.34 AC
Property size (Sq ft)
3,888 SF
Property type
Office properties
APN
34-10-06-452-002.000-002
APU
341006452002000002

Description

This exceptional Kokomo, Indiana office space at 1221 Appletree Lane offers a flexible layout perfect for a variety of businesses. The entire 3,990 square foot building is currently available for lease, providing a significant opportunity for a single tenant seeking ample space. Alternatively, the property is divisible, with a minimum leasable area of 1,470 square feet and a maximum contiguous space of 2,520 square feet, catering to businesses of varying sizes. This traditional office building is ideally suited for companies needing a substantial and adaptable workspace. Located in Kokomo, Indiana, with the zip code 46902, this property offers convenient access to local amenities and transportation networks. The building's layout is designed for multiple tenants, offering the potential for shared spaces or independent suites depending on the tenant's needs. The entire 3,990 square feet is currently vacant, presenting a unique chance to customize the space to perfectly match your business requirements. This is a prime opportunity to secure a well-located and versatile office space in a thriving Indiana community. Inquire today to learn more about leasing options and explore the possibilities this property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $699,018
    6.5%
    $645,248
    7%
    $599,159
  • Comparable approach

    Method
    Valuation
    Relative Method
    $482,851
    Geo Method
    $482,851
  • Alternative Use

    Use
    Valuation
    Residential
    $800,107
    Hospitality
    $732,894
    Educational
    $609,759
    Medical
    $630,730
    Retail
    $948,514

Location Insight

City
Kokomo
County
Howard
State
Indiana
Latitude
40.465
Longitude
-86.1168
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
$4,464
$45,100
$103,700
$148,800
-
$45,100
$103,700
$148,800

FAQs

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