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    Property profile & analytics

    1221 Plate St Kokomo, IN 46902-1856

    • Industrial properties
    • 42,440 SF
    • 2.85 lot acres
    OFF-MARKET
    Value Estimation
    $590,000
    Location Intelligence
    Property ID
    US31-1841398
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bona Vista Programs Inc / Shredding Service
    • Work Force Diversity Career / Non-Profit Organization
    • BVI Manufacturing Solutions / Contractor

    Property Details for 1221 Plate St

    Year built
    1953
    Construction
    WOOD
    Lot size
    2.85 lot acres
    Property size
    42,440 SF
    Property type
    Industrial properties
    APN
    34-10-06-251-001.000-002
    APU
    341006251001000002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $660,000

    • CAP approach

      CAP return
      Estimation
      6%
      $545,000
      6.5%
      $605,000
      7%
      $535,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $650,000
      Geo Method
      $500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $660,000
      Retail
      $495,000
      Mixed-Use
      $540,000
      Hospitality
      $655,000
      Educational
      $505,000
      Residential Income
      $655,000
      Energy
      $500,000
      Income-Based Land
      $620,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.1166
    Latitude
    40.4726
    CBSA code
    29020
    CBSA name
    KOKOMO, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $159,400
    $403,800
    $563,200
    -
    $159,400
    $403,800
    $563,200

    Comparable in this City

    • Value Estimation by Request
      105,274 SF

      1619 Defenbaugh St

      INDUSTRIAL (GENERAL) • 105,274 SF
      1619 Defenbaugh St, Kokomo, IN 46902-6012
      View Details
    • Value Estimation by Request
      2,338 SF

      1805 Park Rd

      HEAVY INDUSTRIAL • 2,338 SF
      1805 Park Rd, Kokomo, IN 46902
      View Details
    • Value Estimation
      $305,000
      10.00 Acres

      2000 Defenbaugh St

      INDUSTRIAL (GENERAL) • 10.00 Acres
      2000 Defenbaugh St, Kokomo, IN 46902-6015
      View Details
    • Value Estimation
      $795,000
      333,698 SF

      1105 Home Ave

      HEAVY INDUSTRIAL • 333,698 SF
      1105 Home Ave, Kokomo, IN 46902-1622
      View Details
    • Value Estimation
      $385,000
      360 SF

      Lafountain St

      INDUSTRIAL (GENERAL) • 360 SF
      Lafountain St, Kokomo, IN 46902
      View Details
    • Value Estimation by Request
      0.08 Acres

      400 Ss Row

      INDUSTRIAL (GENERAL) • 0.08 Acres
      400 Ss Row, Kokomo, IN 46902
      View Details

    Similar Nearby for Sale

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      Kokomo Industrial Distribution Center

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    Similar Nearby for Lease

    • $8 SF/Yr
      17,640 SF

      Kokomo Office Space for Lease

      Creative office space, 4,420 sq ft available
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    • Contact for pricing
      2,363 SF

      Retail Space in Kokomo, Indiana

      Retail space available for lease in Kokomo, Indiana.
      1988 Boulevard E, Kokomo, IN 46902
      View Details
    • Contact for pricing
      2,000 SF

      Kokomo Retail Space Sublease

      Retail space in Kokomo's prime trade area for sublease.
      1403-1439 S Reed Rd, Kokomo, IN 46902
      View Details
    • Contact for pricing

      Prime Commercial Outlot Parcel

      Acre parcel in Kokomo's regional trade area for rent.
      Boulevard E, Kokomo, IN 46902
      View Details
    • $28,800
      1,706 SF

      Kokomo Retail Space For Lease

      1706 sq ft, Single Tenant, C2 Zoning
      2916 Reed Rd, Kokomo, IN 46902
      View Details
    • $10 SF/Yr
      120,000 SF

      Southway Plaza Retail Spaces

      Kokomo, IN retail & office space
      3800 Reed Rd, Kokomo, IN 46902
      View Details
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    1221 Plate St
    Kokomo, IN 46902-1856
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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
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