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    Kroger-Anchored Community Shopping Center
    Updated: Apr 22
    Kroger-Anchored Community Shopping Center

    2821 S Washington St, Kokomo, IN 46902

    Contact for pricing
    286,185 sqft
    286,185 SF Kroger‑anchored community shopping center in Kokomo, built in 1960
    89% occupied with 10 vacancies totaling 30,140 SF for near‑term lease‑up potential
    24.5‑acre site with over 1,500 parking spaces
    Located at the signalized intersection of South Washington Street and Lincoln Road
    Kroger anchors the center, representing ~18% of GLA and ~32% of total revenue
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 1 Active listings in Kokomo, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 44 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Neighborhood Retail Center with Net Leases
    Neighborhood Retail Center with Net Leases

    3643-3677 W 86th St, Indianapolis, IN 46268

    $3,899,000
    19,676 sqft

    Fully occupied neighborhood center anchored by Goodyear with net-leased storefronts and recent renovations.

    View details
    Neighborhood Shopping Center Storefronts
    Neighborhood Shopping Center Storefronts

    2401-2409 Broadway Street, Anderson, IN 46012

    $375,000
    0.64 AC lot

    Neighborhood shopping center with multiple storefront units, including two occupied leases and two vacant spaces ready for updating.

    View details
    Modern Retail Center in Indianapolis
    Modern Retail Center in Indianapolis

    8220 E 106th St, Indianapolis, IN 46256

    $5,250,000
    12,277 sqft

    Stabilized retail center in a high-growth Indianapolis submarket.

    View details
    University-Adjacent Retail Strip Center
    University-Adjacent Retail Strip Center

    1915 University Boulevard, Anderson, IN 46012

    $950,000
    2.42 AC lot

    Retail strip center with strong boulevard visibility and convenient I-69 access for everyday customer traffic.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Zoned Neighborhood Shopping Center Parcels
    Zoned Neighborhood Shopping Center Parcels

    241 N Scatterfield Road, Anderson, IN 46012

    $2,700,000
    21.55 AC lot

    Four B-3 commercial land parcels offer flexible development options near established retail and banking tenants.

    View details
    B-3 Zoned Commercial Land Parcel
    B-3 Zoned Commercial Land Parcel

    University Boulevard, Anderson, IN 46012

    $812,000
    8.12 AC lot

    8.12+-acre B-3 commercial parcel with University Blvd frontage and direct access from Scatterfield Road.

    View details
    Commercial Development Land with Garage
    Commercial Development Land with Garage

    4917 N Wheeling Parcel B Avenue, Muncie, IN 47304

    $200,000
    1.80 AC lot

    1.8-acre corner parcel in Muncie includes a garage and good frontage near a retail shopping center.

    View details
    C3-Zoned Commercial Land Opportunity
    C3-Zoned Commercial Land Opportunity

    3916 Goshen Road, Fort Wayne, IN 46818

    $1,495,000
    3.00 AC lot

    3-acre, cleared and level commercial parcels with C3 zoning, with major utilities nearby and strong Goshen Road frontage.

    View details

    Off-Market Properties in Kokomo, IN

    Consider similar Off-Market properties in Kokomo, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Ee Blvd
    MINI-MALL

    Ee Blvd, Kokomo, IN 46902

    $1,415,000
    Estimated value
    139,233 sqft 0.18 AC lot
    View details
    507 Philips St
    SHOPPING CENTER, STRIP CENTER

    507 Philips St, Kokomo, IN 46901

    Value Estimation by Request
    4,044 sqft 0.20 AC lot
    View details
    Arnold Ct
    SHOPPING CENTER, STRIP CENTER

    Arnold Ct, Kokomo, IN 46902

    Value Estimation by Request
    10,802 sqft 1.02 AC lot
    View details
    2258 Markland Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    2258 Markland Ave, Kokomo, IN 46901-6242

    $2,050,000
    Estimated value
    22,362 sqft 1.67 AC lot
    View details
    2130 Markland Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    2130 Markland Ave, Kokomo, IN 46901-6240

    $10,175,000
    Estimated value
    126,051 sqft 20.58 AC lot
    View details
    2106 Sycamore St
    SHOPPING CENTER, STRIP CENTER

    2106 Sycamore St, Kokomo, IN 46901-4111

    Value Estimation by Request
    4,200 sqft 0.27 AC lot
    View details
    1700 Boulevard
    Neighborhood centers

    1700 Boulevard, Kokomo, IN 46902

    Value Estimation by Request
    300,000 sqft
    View details
    4053 Webster St
    SHOPPING CENTER, STRIP CENTER

    4053 Webster St, Kokomo, IN 46902-6911

    Value Estimation by Request
    7,225 sqft 2.81 AC lot
    View details
    2901 Washington St
    SHOPPING CENTER, STRIP CENTER

    2901 Washington St, Kokomo, IN 46902-3507

    $3,480,000
    Estimated value
    94,290 sqft 20.65 AC lot
    View details
    2734 Washington St
    SHOPPING CENTER, STRIP CENTER

    2734 Washington St, Kokomo, IN 46902-3518

    Value Estimation by Request
    5,034 sqft 10.56 AC lot
    View details
    400 Southway Blvd
    SHOPPING CENTER, STRIP CENTER

    400 Southway Blvd, Kokomo, IN 46902

    Value Estimation by Request
    11,024 sqft 0.95 AC lot
    View details
    1439 Reed Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    1439 Reed Rd, Kokomo, IN 46902

    $4,140,000
    Estimated value
    28,258 sqft 6.80 AC lot
    View details
    3800 Reed Rd
    SHOPPING CENTER, STRIP CENTER

    3800 Reed Rd, Kokomo, IN 46902

    $1,890,000
    Estimated value
    46,400 sqft 8.40 AC lot
    View details
    1500 Reed Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    1500 Reed Rd, Kokomo, IN 46901-2592

    $2,480,000
    Estimated value
    100,968 sqft 11.50 AC lot
    View details
    537 Reed Rd
    SHOPPING CENTER, STRIP CENTER

    537 Reed Rd, Kokomo, IN 46901-5692

    Value Estimation by Request
    11,280 sqft 8.05 AC lot
    View details
    1832 Markland Ave
    SHOPPING CENTER, STRIP CENTER

    1832 Markland Ave, Kokomo, IN 46901-6251

    Value Estimation by Request
    13,684 sqft 1.66 AC lot
    View details
    1917 Markland Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    1917 Markland Ave, Kokomo, IN 46901-6237

    $10,980,000
    Estimated value
    133,817 sqft 15.21 AC lot
    View details
    1807 Markland Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    1807 Markland Ave, Kokomo, IN 46901-6235

    $950,000
    Estimated value
    20,180 sqft 1.26 AC lot
    View details
    1920 Markland Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    1920 Markland Ave, Kokomo, IN 46901-6236

    $17,985,000
    Estimated value
    227,171 sqft 17.64 AC lot
    View details
    2301 Markland Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    2301 Markland Ave, Kokomo, IN 46901-6245

    $17,660,000
    Estimated value
    209,854 sqft 23.75 AC lot
    View details
    1805 Markland Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    1805 Markland Ave, Kokomo, IN 46901-6235

    $7,435,000
    Estimated value
    88,836 sqft 10.52 AC lot
    View details
    501 Lincoln Rd
    SHOPPING CENTER, STRIP CENTER

    501 Lincoln Rd, Kokomo, IN 46902-3742

    Value Estimation by Request
    6,300 sqft 0.59 AC lot
    View details
    3130 Lafountain St
    SHOPPING CENTER, STRIP CENTER

    3130 Lafountain St, Kokomo, IN 46902-3858

    Value Estimation by Request
    4,362 sqft 0.44 AC lot
    View details

    Kokomo, IN Shopping Centers Market Trends and Statistics

    Explore 45 shopping centers for sale in Kokomo, IN on our real estate platform. These investment opportunities span a total of 286,185 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for plazas in Kokomo, IN start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 5
    Automotive properties 4
    Shopping centers 4
    Auto shops 3
    Car washes 1

    Demographics Overview

    Population 75K
    Population Growth (5Y) -0.9%
    Median Household Income $60,311
    College Educated 12.3%

    Taxes & Financing

    Tax Rate (average for all types) 2.69%
    Property Tax per SF $47.33 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Kokomo fall within the 25,000 to 50,000 square foot range.

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