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    1016-1805 E Markland Ave Kokomo, IN 46901

    For Lease
    Contact for pricing

    Retail spaces available near a Simon-owned power center.

    Property size:
    1,088 SF
    Lot size:
    10.41 Acres

    Property Features for 1016-1805 E Markland Ave

    General Information

    Size
    1,088 SF
    Lot size
    10.41 Acres

    Source: Sandor/Sand Capital - Corporate Agent Tim Lee

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

    Overview

    Retail Space Near Markland Mall

    This retail property is located across from the newly renovated Markland Mall, a 416,000-square-foot Simon-owned power center. Situated in the main retail corridor, the property is near Walmart, Sam’s Club, and Meijer. Small shop spaces and outlots are available. The location benefits from daily traffic counts of 25,375 on Reed Road and 21,002 on Markland Avenue. The property offers spaces of 1,088 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.117633
    Latitude
    40.476639

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    FAQs

    What type of property is this?
    Shopping mall - Retail spaces available near a Simon-owned power center.
    Where is this shopping mall located?
    The property is located at 1016-1805 E Markland Ave Kokomo, IN.
    What are key features of this property?
    This property features: - Located across from newly renovated Markland Mall, a 416,000-sf, Simon-owned power center.; - Positioned in main retail corridor.; - Proximity to Walmart, Sam’s Club, and Meijer.
    (877) 925-9011
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    1016-1805 E Markland Ave 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
    1016-1805 E Markland Ave Kokomo, IN 46901
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