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Signalized-Corner Commercial Land
For Sale
$799,000

1524 E Markland Ave, Kokomo, IN 46901

Three-parcel commercial land property with two existing buildings available for reuse or removal.

Property SizeContact for details
Days on Market58

Property Features for 1524 E Markland Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $3,165
Listing Agency: Fortune Companies, Inc
Listed By: DJ Butcher · License #RB20000053
Source: Exprealty
Added: Aug 28 Changed: Oct 13 Last Checked: Oct 23 at 9:19AM

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 commercial land property includes three parcels totaling 0.63 acres at 1524 E Markland Ave in Kokomo, Indiana. The site contains two existing buildings that may be repurposed or removed, allowing the next owner to determine whether to retain the current improvements or pursue new construction. Positioned at a stoplight corner, the property offers a prominent location within the community. The offering is available for sale as a three-parcel land property with existing structures and redevelopment flexibility.

Key Highlights

  • Three parcels totaling 0.63 acres
  • Located at a stoplight corner in Kokomo, IN
  • Two existing buildings on the property

Property Analytics

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Open Analytics

Current Use

Thrifty Muffler & Automotive Auto Repair Shop

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Storage Facility Garden Center HVAC Service Locksmith

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

192
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
5,738 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Three-parcel commercial land property with two existing buildings available for reuse or removal.
Where is this commercial land located?
The property is located at 1524 E Markland Ave Kokomo, IN.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three parcels totaling 0.63 acres; Located at a stoplight corner in Kokomo, IN; Two existing buildings on the property
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