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    1419 Reed Rd Kokomo, IN 46902

    Sponsored
    For Lease
    Contact for pricing

    2,000 SF Medical Office Available Now

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Markland Plaza offers a prime 2,000 square foot medical office space for lease in Kokomo, Indiana. Located at 1419 South Reed Road, this Howard County property is situated in a vibrant retail center, offering excellent visibility and accessibility. The entire space is currently vacant and ready for immediate occupancy, presenting a unique opportunity for medical professionals seeking a well-located and spacious practice. The building's "strip center" design provides convenient access and ample parking for patients and staff. The property is classified as both retail and office, reflecting its versatility and potential for various medical uses. The strong tenant mix at Markland Plaza includes well-known national retailers such as Best Buy, Bed Bath & Beyond, Five Below, Noble Roman's, Starbucks, and Panda Express, ensuring high foot traffic and a desirable location for attracting patients. This presents a significant advantage for establishing a thriving medical practice within a bustling commercial environment. The property's location in Kokomo, Indiana, provides easy access to a substantial patient base within Howard County and the surrounding areas. This fully available space is ideal for a variety of medical practices seeking a turn-key solution in a high-traffic retail center. Interested parties should inquire promptly to secure this exceptional opportunity.

    Property Features for 1419 Reed Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,000 SF

    HighLights

    • 2,000 SF medical office space available for lease in Kokomo, IN's Markland Plaza.
    • Shadow‑anchored by Target and Aldi.
    • Sublease opportunity expiring 9/30/2026.
    • Excellent condition; built‑out in late 2016.
    • Prime location on US Hwy 931 (Reed Road).
    • Over 32,000 employees within a 3‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Raymond Hopper Optometrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.1091114
    Latitude
    40.4697726

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    FAQs

    What type of property is this?
    Medical office - 2,000 SF Medical Office Available Now
    Where is this medical office located?
    The property is located at 1419 Reed Rd Kokomo, IN.
    What are key features of this property?
    This property features: 2,000 SF medical office space available for lease in Kokomo, IN's Markland Plaza.; Shadow-anchored by Target and Aldi.; Sublease opportunity expiring 9/30/2026.
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    1419 Reed Rd Kokomo, IN 46902
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    Kokomo, IN 46902
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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
    1419 Reed Rd Kokomo, IN 46902
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