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Kokomo Warehouse and Retail Opportunity
For Sale
$4,999,000

1500 N Reed Rd, Kokomo, IN 46901

100,968 SF building near new battery plant for sale.

Property Size100,968 SF
Lot Size8.00 Acres
Price / SF$49.51
Days on Market213

Property Features for 1500 N Reed Rd

General Information

Standard status Active
Size 100,968 SF
Lot size 8.00 Acres

Building Details

Year Built 1990
Listing Agency: Fortune Companies, Inc
Listed By: DJ Butcher · License #RB20000053
Source: Spencerchildersgroup
Added: Mar 26 Changed: Oct 4 Last Checked: Oct 7 at 2:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortune Companies, Inc

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Investment Insights

Based on property information with market context.

This 100,968 sq. ft. building is located just south of the new battery plant in Kokomo, IN. The property includes approximately 8 acres and a large parking lot. It features a multi-tenant sign, 2 dock doors, and 4 overhead doors. Ceiling heights range from 14' to 20'. The property offers easy access to and from the highway. Potential uses include warehousing, storage, retail, and restaurants. This property presents opportunities to increase cash flow as an investor or expand a business.

Key Highlights

  • Large 100,968 sq. ft. building on approximately 8 acres.
  • Proximity to the new battery plant in Kokomo, IN.
  • Versatile space suitable for warehousing, storage, retail, and restaurants.

Property Analytics

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Current Use

Kokomo Event & Conference ... Conference Center Lucas Home Furnishings ... Warehouse & Storage Sunrise Structures of Kokomo Construction Company Kokomo Fireworks Discount Store Simply Tasty Jam Grocery & Convenience Store

Suggested Use

Top Pick Hair Salon Spa & Massage Center Restaurant Parking Lot & Garage Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46901, IN

38,072
Population
18,307
Households
2.1
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
140.9 sq mi
ZIP Area
270
Density / Sq Mi
$61,041
Median Household Income
$37,107
Median Earnings
$869
Median Rent
$131,700
Median Home Value
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • 1941 Auction House-Stor It and More — 1941 E North St, Kokomo, IN 46901
  • Stor-It & More (Formally Stor-It Mini Warehouses) — 1941 E North St, Kokomo, IN 46901
  • Northeast Self Storage — 1328 E Morgan St, Kokomo, IN 46901

Frequently Asked Questions

What type of property is this?
Warehouse - 100,968 SF building near new battery plant for sale.
Where is this warehouse located?
The property is located at 1500 N Reed Rd Kokomo, IN.
What is the asking price?
The asking price for this property is $4,999,000.
What are key features of this property?
This property features: Large 100,968 sq. ft. building on approximately 8 acres.; Proximity to the new battery plant in Kokomo, IN.; Versatile space suitable for warehousing, storage, retail, and restaurants.
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