Property profile

600 East Markland Ave Kokomo, IN 46901

FOR SALE
Office Spaces
Property ID
US31-1878828
1,400 SF 0.15 ac lot Built 1966
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This stunning, newly renovated 1,500 square-foot commercial property at 600 E Markland Avenue in Kokomo, Indiana, presents a unique opportunity for businesses seeking a blend of style and functionality. The modern design features multiple individual offices, each offering a distinct layout to optimize productivity and collaboration. A spacious second-floor office provides a private and impressive workspace, ideal for executive suites or team leadership. The expansive great room offers versatility, perfect for client meetings, team gatherings, or creative brainstorming sessions. The inviting entrance and lobby create a professional first impression. This property sits on a 0.21-acre lot and boasts convenient access to major roadways and public transportation, ensuring easy commutes for employees and clients. Ample parking is available on-site, and the location offers proximity to a variety of local amenities, including restaurants, coffee shops, and fitness centers. The asking price is $199,999. This exceptional property offers more than just office space

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1966
Construction WOOD
Total area 1,400 SF
Lot 0.15 ac (6,534 SF)
APN 34-04-31-356-015.000-002
UPID US31-1878828

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

600 East Markland Ave Kokomo, IN 46901
Kokomo metro Census 1200 KOKOMO, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2026
1 recorded transaction
2026
$143,640

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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