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    1801 North St Kokomo, IN 46901

    For Sale
    $1,600,000

    34,963 SF Warehouse - $1.6M

    Property size:
    34,963 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 34,963-square-foot warehouse in Kokomo, Indiana, presents a significant investment opportunity. Located on a 3.93-acre lot, this single-story, 1973-built facility boasts seven loading docks and a generous 17'10" ceiling height. The property is zoned C2 and offers versatile space, including approximately 4,426 square feet of existing office space with multiple private offices, a break room, conference room, and two bathrooms. The remaining 30,542 square feet comprises open warehouse space, ideal for various uses. Ample parking and a fenced-in exterior area provide secure storage options. The property's strategic location off of 931, just minutes from Kokomo's new battery plant, offers excellent access and growth potential. Priced at $1,600,000 ($45.76/sq ft), this NNN-leased, vacant warehouse is ready for immediate occupancy. The property consists of one unit and is situated in Howard County, Indiana, zip code 46901. This is a rare opportunity to acquire a well-maintained industrial property in a thriving location.

    Property Features for 1801 North St

    General Information

    Property type
    Distribution properties
    Square Feet
    34,963 SF
    Lot Size
    171,191 SF

    Building Details

    Year Built
    1973
    Buildings
    1
    Stories
    1
    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Richards Building Supply Building Materials Supplier

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.1071029
    Latitude
    40.4966039

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    FAQs

    What type of property is this?
    Distribution property - 34,963 SF Warehouse - $1.6M
    Where is this distribution property located?
    The property is located at 1801 North St Kokomo, IN.
    What is the asking price?
    The asking price for this property is $1,600,000.
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    1801 North St Kokomo, IN 46901
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    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
    1801 North St Kokomo, IN 46901
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