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Property profile & analytics
OFF-MARKET Estimated value $905,000
Retail space

1816 Dixon Rd Kokomo, IN 46902-7301

9,728 SF 1.21 ac lot Built 2012
Entity Owned 14-yr Hold Free & Clear
Property ID
US31-2095614
Property summary
AI-generated overview

This exceptional turnkey opportunity presents a well-established, family-run business in Kokomo, Indiana, perfectly situated on Dixon Road. The property boasts a substantial 9,700 square feet of commercial space, ideally suited for continued operation or adaptation to a new venture. The building features a spacious showroom, providing ample room for product display and customer interaction. Dedicated office space ensures efficient administration, complemented by five bathrooms for staff and customer convenience. A significant portion of the building is dedicated to warehouse and workshop space, equipped to handle various operational needs. Two 12-foot overhead doors facilitate easy access for loading and unloading, while a large parking lot offers ample space for customers, employees, and deliveries. This comprehensive offering includes the building, the established business, existing equipment, and inventory, ensuring a smooth transition for the new owner. The 1.21-acre lot provides significant space and potential for future expansion. Priced at $2,200,000, this property represents a rare opportunity to acquire a thriving business and its accompanying real estate in a desirable Kokomo location. The high-traffic area ensures excellent visibility and accessibility for customers.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2012
Construction WOOD
Total area 9,728 SF
Lot 1.21 ac (52,708 SF)
APN 34-09-02-300-026.000-002
UPID US31-2095614
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gooch & Company Paint & Flooring Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$781k
Blend (final) Blend
$905k
Owner & transaction history
Gooch Family Limited Partnership · 14 yrs held
Gooch Family Limited Partnership
since 2012
1 recorded transaction
2012
$110,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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