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    1403-1439 S Reed Rd Kokomo, IN 46902

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    For Lease
    Contact for pricing

    Retail space in Kokomo's prime trade area for sublease.

    Property size:
    2,000 SF
    Lot size:
    7.21 Acres

    Property Features for 1403-1439 S Reed Rd

    General Information

    Size
    2,000 SF
    Lot size
    7.21 Acres

    Source: ECHO Retail | Indianapolis Agent Christian Conville

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

    Overview

    Kokomo Retail Space Sublease

    Located in the heart of Kokomo’s retail trade area at Markland Plaza, this retail space benefits from its location as a Target and Aldi shadow-anchored property. The sublease opportunity expires on 9/30/2026. The build-out was completed in late 2016, and the space is in excellent condition. Situated in a prime location along Reed Road (US HWY 931), the property is within a 3-mile radius of over 32,000 employees and has an average household income of $57,206. The trade area expands over 10 miles. The property size is 2,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.108055
    Latitude
    40.470561

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    FAQs

    What type of property is this?
    Strip mall - Retail space in Kokomo's prime trade area for sublease.
    Where is this strip mall located?
    The property is located at 1403-1439 S Reed Rd Kokomo, IN.
    What are key features of this property?
    This property features: - Prime location along Reed Road (US HWY 931) in the heart of Kokomo’s retail trade area.; - Target / Aldi shadow anchored location at Markland Plaza.; - High employee density: Over 32,000 employees within a 3-mile radius.
    (317) 218-8100
    Request Owner's contact information
    1403-1439 S Reed Rd Kokomo, IN 46902
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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
    1403-1439 S Reed Rd Kokomo, IN 46902
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