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    1504 W Markland Ave Kokomo, IN 46901

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    For Sale
    $49,900

    Versatile property with prime exposure on a bustling thoroughfare.

    Lot size:
    0.23 Acres

    Property Features for 1504 W Markland Ave

    General Information

    Lot size
    0.23 Acres

    Source: F.C. Tucker Company Agent Annie Scott

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Visibility Commercial/Residential Property in Kokomo

    This commercial/residential property is located on West Markland Avenue in Kokomo, offering high visibility. The property is zoned for light industrial use, providing flexibility for various business types. It is located minutes from downtown Kokomo, U.S. 31, and the Markland Mall, ensuring traffic. The property features off-street parking, a private entrance, and a layout suitable for office, retail, or service-based businesses. It is surrounded by established businesses, schools, and residential neighborhoods. Potential business uses include a boutique, medical office, salon, or professional services firm. The property is also suitable as a rental property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.14921
    Latitude
    40.476388

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    FAQs

    What type of property is this?
    Commercial land - Versatile property with prime exposure on a bustling thoroughfare.
    Where is this commercial land located?
    The property is located at 1504 W Markland Ave Kokomo, IN.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: - Prime location on West Markland Avenue with **high visibility and traffic flow**.; - Zoned for light industrial use, offering unmatched flexibility for various business types.; - Ample off-street parking and private entrance.
    (317) 902-8622
    Request Owner's contact information
    1504 W Markland Ave 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
    1504 W Markland Ave Kokomo, IN 46901
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