Vacant Industrial - Prime Redevelopment Opportunity — Sale in Kokomo, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Kokomo, IN 46901
  • Year built: 1924

Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Prime Redevelopment Opportunity in Kokomo, Indiana 455,402 SF Vacant Industrial Building Located on 21.24 Acres | Price per Acre is $47,080.98 Property is Located Only 0.25 Miles from Markland Mall with 4.7 Million Visitors Per Year | Markland Mall is Ranked in the Top 21% of Regional Malls Nationwide, the Top 8% of Regional Malls in Indiana and is the #1 Mall Within 50 Miles Surrounded by National Retailers Including Buffalo Wild Wings, Panera Bread, AMC Theaters, Target, Five Below, Ross Dress for Less, Arby's Popeye's, Starbucks, KFC, Papa Johns, Dollar Tree, 7 Brew Coffee, Raising Cane's, Qdoba, Subway, Menards, Gordon Food Service, Best Buy, and Many More Kokomo Indiana is home to the StarPlus Energy/Samsung/Stellantis EV Battery Plants and the Stellantis Transmission & Casting Plant | These are Multi-Billion Dollar Investments in the Area, Bringing Revenues, Jobs, and Diversification to the Economy Investment Highlights: • Prime Redevelopment Opportunity in Kokomo, IN • 455,402 SF Vacant Industrial Building Located on 21.24 Acres | Price per Acre is $47,080.98 • Surrounded by National Retailers and Less Than a Mile from Markland Mall with 4.7 Million Visitors Per Year

Market Context

This industrial in Kokomo, IN is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1924. It has been on the market for 100 days. Compare it against other industrial listings for sale in Kokomo, IN — view the full market.

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