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    Property profile & analytics

    1320 Markland Ave Kokomo, IN 46901-6142

    • Warehouses
    • 31,835 SF
    • 3.97 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Location Intelligence
    Property ID
    US31-2137256
    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

    • Crume/Ellis Auctioneers & Appraisers / Estate Liquidator / Real Estate Auctioneer

    Property Details for 1320 Markland Ave

    Year built
    1912
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.97 lot acres
    Property size
    31,835 SF
    Property type
    Warehouses
    APN
    34-03-35-478-004.000-002
    APU
    340335478004000002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $570,000
      6.5%
      $535,000
      7%
      $615,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $585,000
      Geo Method
      $690,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $595,000
      Mixed-Use
      $520,000
      Hospitality
      $445,000
      Educational
      $560,000
      Residential Income
      $580,000
      Energy
      $510,000
      Income-Based Land
      $550,000
      Food Service
      $600,000

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.1467
    Latitude
    40.4773
    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
    $9,330
    $92,700
    $218,300
    $311,000
    -
    $92,700
    $218,300
    $311,000

    Comparable in this City

    • Value Estimation by Request
      34,963 SF

      1801 North St

      Distribution properties • 34,963 SF
      1801 North St, Kokomo, IN 46901
      View Details
    • Value Estimation
      $355,000
      3,120 SF

      604 Saint Joseph Dr

      MINI-WAREHOUSE, STORAGE • 3,120 SF
      604 Saint Joseph Dr, Kokomo, IN 46901-1800
      View Details
    • Value Estimation
      $360,000
      4,670 SF

      1619 En St

      WAREHOUSE, STORAGE • 4,670 SF
      1619 En St, Kokomo, IN 46901-3145
      View Details
    • Value Estimation
      $295,000
      1,000 SF

      218 Wn St

      MINI-WAREHOUSE, STORAGE • 1,000 SF
      218 Wn St, Kokomo, IN 46901-2857
      View Details
    • Value Estimation
      $1,000,000
      455,402 SF

      1155 Vaile Ave

      WAREHOUSE, STORAGE • 455,402 SF
      1155 Vaile Ave, Kokomo, IN 46901-5558
      View Details
    • Value Estimation
      $410,000
      4,920 SF

      5084 00 Ns

      WAREHOUSE, STORAGE • 4,920 SF
      5084 00 Ns, Kokomo, IN 46901-6673
      View Details

    Similar Nearby for Sale

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      Commercial garage with workshop and private parking in Kokomo.
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      34,963 SF Warehouse - $1.6M
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      Downtown Kokomo Commercial Property

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      Kokomo Commercial Building For Sale

      Prime Kokomo location, high traffic, versatile space.
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    • $775,500
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      Kokomo Commercial Land - 4.7 Acres

      Prime Kokomo land, build-to-suit options.
      2600 Sycamore St, Kokomo, IN 46901
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      133,384 SF

      Kokomo Retail Center Investment

      High-traffic retail space in Kokomo, IN.
      2130 Markland Ave, Kokomo, IN 46901
      View Details
    • Contact for pricing
      10,233 SF

      Freestanding Retail Space Available

      10,233 SF freestanding retail space in Kokomo, Indiana.
      401 E Morgan St, Kokomo, IN 46901
      View Details
    • Contact for pricing

      Retail Land Near Markland Mall

      Commercial land available across from Markland Mall.
      1805 E Markland Ave, Kokomo, IN 46901
      View Details
    • Contact for pricing
      7,575 SF

      Kokomo Retail Space For Lease

      Retail space available in community shopping center anchored by Kroger.
      2821-2947 S Washington St, Kokomo, IN 46901
      View Details
    • Contact for pricing
      350 SF

      Meijer In-Store Retail Space

      350 SF Retail Space in Howard County
      2301 Markland Ave, Kokomo, IN 46901
      View Details
    • Contact for pricing
      540 SF

      Kokomo Retail Hub Space Available

      Retail space available in Kokomo's leading shopping destination.
      1035 S Reed Rd, Kokomo, IN 46901
      View Details

    Property Visit Statistics

    • Visits by month
      10.5k
    • Visitors by month
      5.8k
    • Avg Time on site
      6 min
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    Kokomo, IN 46901-6142
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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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