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    804 Morgan St Kokomo, IN 46901

    For Sale
    $449,900

    Spacious Warehouse, Offices, & Yard Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This Kokomo, Indiana commercial property presents a significant opportunity for warehousing or industrial businesses. The building encompasses approximately 12,664 square feet, strategically divided to offer both office space and expansive warehousing capabilities. The front section is configured with functional offices, while the majority of the building provides ample room for storage and inventory management. The property's significant advantage lies in its generous 0.9-acre lot, providing substantial outdoor storage space, a valuable asset for many industrial operations. Security is enhanced by a perimeter fence, ensuring the safety and protection of stored goods and equipment. Three dock doors facilitate efficient loading and unloading, streamlining operations and minimizing downtime. The property's location in Kokomo offers convenient access to transportation routes and a skilled workforce, making it an ideal location for a variety of industrial and warehousing businesses. This well-maintained building is ready for immediate occupancy and presents a compelling investment opportunity for those seeking a versatile and spacious commercial space. The combination of indoor and outdoor storage, coupled with the convenient office space, makes this property a highly desirable asset in the Kokomo market. The property's size and features make it suitable for a wide range of industrial and warehousing uses.

    Property Features for 804 Morgan St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    39,204 SF

    Building Details

    Year Built
    1972
    Property Profile Location Intelligence

    Current Use by Public Records

    Valley Farms Supply Wholesaler

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.13973
    Latitude
    40.50579

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Warehouse, Offices, & Yard Space
    Where is this commercial real estate located?
    The property is located at 804 Morgan St Kokomo, IN.
    What is the asking price?
    The asking price for this property is $449,900.
    (765) 457-1700
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    804 Morgan St Kokomo, IN 46901
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    Kokomo, IN 46901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    804 Morgan St Kokomo, IN 46901
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