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    Property profile & analytics

    501 Markland Ave Kokomo, IN 46901-6210

    • Retail space
    • 6,810 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US31-2069386
    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

    • Advance Auto Parts / Auto Parts Store / Car Accessories Store
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service

    Property Details for 501 Markland Ave

    Year built
    1998
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.72 lot acres
    Property size
    6,810 SF
    Property type
    Retail space
    APN
    34-10-06-101-022.000-002
    APU
    341006101022000002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.1267
    Latitude
    40.4762
    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
    $11,082
    $110,500
    $258,900
    $369,400
    -
    $110,500
    $258,900
    $369,400

    Comparable in this City

    • Value Estimation by Request
      1,320 SF

      415 Park Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,320 SF
      415 Park Ave, Kokomo, IN 46901-5356
      View Details
    • Value Estimation by Request
      82,496 SF

      114 Un St

      RETAIL STORES (PERSONAL SERVICES) • 82,496 SF
      114 Un St, Kokomo, IN 46901-5157
      View Details
    • Value Estimation by Request
      336 SF

      310 Morgan St

      RETAIL STORES (PERSONAL SERVICES) • 336 SF
      310 Morgan St, Kokomo, IN 46901-2251
      View Details
    • Value Estimation by Request
      14,280 SF

      503 Buckeye St

      RETAIL STORES (PERSONAL SERVICES) • 14,280 SF
      503 Buckeye St, Kokomo, IN 46901-4518
      View Details
    • Value Estimation by Request
      14,280 SF

      503 Buckeye St

      RETAIL STORES (PERSONAL SERVICES) • 14,280 SF
      503 Buckeye St, Kokomo, IN 46901-4518
      View Details
    • Value Estimation
      $280,000
      0.16 Acres

      Essex Dr

      RETAIL STORES (PERSONAL SERVICES) • 0.16 Acres
      Essex Dr, Kokomo, IN 46901
      View Details

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    Similar Nearby for Lease

    • 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
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    • Contact for pricing
      1,088 SF

      Retail Space Near Markland Mall

      Retail spaces available near a Simon-owned power center.
      1016-1805 E Markland Ave, Kokomo, IN 46901
      View Details
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      7,575 SF

      Kokomo Retail Space For Lease

      Retail space available in community shopping center anchored by Kroger.
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    • $10 SF/Yr
      133,384 SF

      Kokomo Retail Center Investment

      High-traffic retail space in Kokomo, IN.
      2130 Markland Ave, Kokomo, IN 46901
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    • Contact for pricing
      5,179 SF

      Kokomo Riverfront Commercial Space

      Prime Kokomo location, 5,166 sq ft available.
      306 Main St, Kokomo, IN 46901
      View Details

    Property Visit Statistics

    • Visits by month
      2.2k
    • Visitors by month
      2.0k
    • Avg Time on site
      15 min
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    501 Markland Ave
    Kokomo, IN 46901-6210
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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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