145 CREEKSIDE Drive, Kokomo, IN 46901
COMMERCIAL - Kokomo, IN
- Added:
- Feb 16, 2026
- Days on Market:
- 139
- Last Refresh:
- Jul 5 at 4:06 am
Property Features for 145 CREEKSIDE Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- 34-04-31-227-018.000-002
- Lot size
- 0.68 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- SYCAMORE PLAZA S/D SEC 1 LOT 14
- Tax Annual Amount
- 4700
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1986
- Flooring type
- Carpet, Concrete
- Roof type
- Shingle
Listing agent Naomi Eason License #RB14050023 (765) 434-8840
Listing office RE/MAX Realty One 1801 S Elizabeth St, Kokomo, IN (765) 454-7300
Listing date Feb 16, 2026
Copyright © 2026 REALTORS Association of Central Indiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Commercial building with over 1,800 SF
- Built in 1986
- Sits on a 0.68‑acre lot with lots of parking
- Central air cooling
- Carpet and concrete flooring
- Shingle roof
Overview
Located at 145 Creekside Drive in Kokomo, Indiana, the site is set up for businesses that value visibility and convenient arrival. The property’s parking and drive-up layout are intended to make day-to-day operations easier for employees and customers.
With its combination of dedicated parking, a mid-sized retail/commercial footprint, and direct access to IN-931, the building may fit a range of retail or service tenants seeking an established structure on a sizable lot. Buyers evaluating an owner-occupy or leasing strategy should review the interior layout and condition in person, along with any available utilities and improvements associated with the space.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.7k | $15.96 |
| − Vacancy | −$1.3k | −$0.70 |
| EGI | $27.5k | $15.26 |
| − OpEx | −$8.2k | −$4.58 |
| NOI | $19.2k | $10.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kokomo
- County
- Howard
- State
- Indiana
- Longitude
- -86.108505
- Latitude
- 40.487177
