2301 Markland AveKokomo, IN 46901

  • Outlet malls
  • 209,854 SF
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Property Details for 2301 Markland Ave

Year built
1995
Construction
TYPE NOT SPECIFIED
Lot size
23.75 AC
Property size (Sq ft)
209,854 SF
Property type
Outlet malls
APN
34-10-05-126-008.000-002
APU
341005126008000002

Description

This exceptional retail opportunity presents 350 square feet of in-store space within a high-traffic Meijer location in Howard County. Benefit from a prime, front-of-store position ensuring unparalleled visibility and access to thousands of weekly shoppers. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance, and utilities, simplifying your operational costs. This "store-within-a-store" concept offers significant advantages, including interior and exterior branding opportunities via signage, maximizing your exposure to Meijer's established customer base. The location boasts exceptional demographics within a thriving trade area. This space is ideal for a variety of businesses, including but not limited to financial institutions, food and beverage vendors, service businesses, health and wellness providers, and insurance or real estate offices. Multiple similar vacancies exist in Meijer stores across key Midwest markets. This turnkey solution provides immediate access to a built-in customer base and a streamlined operational structure. Contact us to learn more about this unique opportunity to establish your business within one of the Midwest's most recognizable retail destinations.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $55,472,024
    6.5%
    $51,204,944
    7%
    $47,547,448
  • Comparable approach

    Method
    Valuation
    Relative Method
    $65,675,656
    Geo Method
    $65,675,656
  • Alternative Use

    Use
    Valuation
    Residential
    $43,193,284
    Hospitality
    $39,564,816
    Educational
    $32,917,464
    Medical
    $34,049,544
    Retail
    $51,204,944

Location Insight

City
Kokomo
County
Howard
State
Indiana
Latitude
40.4749
Longitude
-86.1007
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
$239,784
$3,609,900
$4,382,900
$7,992,800
-
$3,609,900
$4,382,900
$7,992,800

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@paperhouses.co and they will add the team member.
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Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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