Listing Agency: True Realty t***@gmail.com Show Phone

Listed By: Amy True · License #RB14037888 Show Phone

Source: Exprealty

Added: Apr 23 Changed: Aug 24 Last Checked: Aug 26 at 10:15AM

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Investment Insights

Based on property information with market context.

This corner lot property, constructed in 2002, is located at the intersection of Markland Avenue and South Calumet Street, offering high visibility due to Markland Avenue traffic. The metal building provides low maintenance and features a large, open-concept room, a restroom, and a utility room. The property also includes a large paved lot. Formerly used as a coin-operated laundromat, the property is suitable for a multitude of purposes. It features 600 AMP electric service, high-pressure gas, a 6-inch sewer drain, and a 1-inch water line.

Key Highlights

• High‑visibility corner lot location on Markland Avenue.
• Large paved lot.
• 600 AMP electric service.

Property Analytics

Property Profile

Current Use

Laundry Mat (Bike/Boat/Book/etc) Store Markland Express Laundromat (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Garden Center Locksmith Storage Facility (Bike/Boat/Book/etc) Store

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

636

Businesses Nearby

620k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 32% Dining 26% Shops & Services 20% Apparel 13%

Walmart Superstores

113,460 visits/mo 0.5 miles

Sam's Club Superstores

84,359 visits/mo 0.4 miles

Hobby Lobby Shops & Services

43,522 visits/mo 0.3 miles

Ross Dress for Less Apparel

34,037 visits/mo 0.3 miles

Dunham's Sports Apparel

30,336 visits/mo 0.2 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Corner lot with high visibility, suitable for various purposes.

Where is this storefront property located?

The property is located at 925 S Calumet St Kokomo, IN.

What is the asking price?

The asking price for this property is $189,900.

What are key features of this property?

This property features: High‑visibility corner lot location on Markland Avenue.; Large paved lot.; 600 AMP electric service.