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    1801 North St Kokomo, IN 46901

    Sponsored
    For Sale
    $1,600,000

    34,968 sq ft Warehouse/Office Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This expansive Kokomo commercial property presents a remarkable investment opportunity. Boasting a substantial 34,968 square feet on a generous 3.93-acre lot, this versatile building is ideally suited for a variety of uses, including warehousing, manufacturing, office space, and retail. The existing layout includes a well-appointed 4,426 square foot office area, featuring three private offices, a break room, two bathrooms, a conference room, and a large open area offering significant flexibility for customization. This adaptable space could easily be reconfigured to accommodate expanding businesses or evolving operational needs. The remaining 30,542 square feet comprises open warehouse space, perfect for storage or production. Seven overhead doors provide convenient access, and the impressive 17'10" ceiling height ensures ample room for even the largest equipment. Ample parking is available on-site, complemented by a secure, fenced-in outdoor area for additional storage. Strategically located off of Highway 931, this property enjoys exceptional accessibility, just minutes south of Kokomo's burgeoning new battery plant, offering significant potential for growth and synergy within the region's expanding industrial landscape. This is a rare chance to acquire a substantial commercial property with significant upside in a dynamic and developing area.

    Property Features for 1801 North St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    171,191 SF

    Building Details

    Year Built
    1973
    Property Profile Location Intelligence

    Current Use by Public Records

    Richards Building Supply Building Materials Supplier

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.10757
    Latitude
    40.49747

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    FAQs

    What type of property is this?
    Commercial real estate - 34,968 sq ft Warehouse/Office Space
    Where is this commercial real estate located?
    The property is located at 1801 North St Kokomo, IN.
    What is the asking price?
    The asking price for this property is $1,600,000.
    (765) 457-1700
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    1801 North 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
    1801 North St Kokomo, IN 46901
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