394 S 00 EW Road, Kokomo, IN 46902
Other/Unknown, Vacant - Kokomo, IN
- Added:
- Oct 7, 2025
- Days on Market:
- 256
- Last Refresh:
- Jun 19 at 11:06 pm
Property Features for 394 S 00 EW Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Office
- Parking features
- Paved or Surfaced
- Interior features
- Drywall, None
- Exterior features
- None
- Standard status
- Active
- APN
- 34-10-19-351-007.000-015
- Size
- 5,000 SF
- Lot size
- 10.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4104
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1994
- Floors in Building
- 1
- Flooring type
- Concrete
- Roof type
- Metal
- Architectural style
- Other
Listing agent Naomi Eason License #RB14050023 (765) 454-7300
Listing office RE/MAX Realty One 1801 S Elizabeth St, Kokomo, IN (765) 454-7300
Listing date Oct 7, 2025
Copyright © 2026 REALTORS Association of Central Indiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location just north of the intersection of SR 26 & NS931.
- Substantial 5,000 sq ft main building with showroom, office space, restrooms, and garage.
- Includes two additional 1,200 sq ft storage units.
- Large 10‑acre lot.
- Ample parking with a paved or surfaced parking lot.
- Central air conditioning and natural gas forced air heating.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.8k | $15.96 |
| − Vacancy | −$3.5k | −$0.70 |
| EGI | $76.3k | $15.26 |
| − OpEx | −$22.9k | −$4.58 |
| NOI | $53.4k | $10.68 |
Alternative Uses
Current Use by Public Records
Map
- City
- Kokomo
- County
- Howard
- State
- Indiana
- Longitude
- -86.126679
- Latitude
- 40.420033
