600 Markland AveKokomo, IN 46902

Property Details for 600 Markland Ave

Year built

1966

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

1,400 SF

Property type

Office properties

APN

34-04-31-356-015.000-002

APU

340431356015000002

Description

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

• CAP approach

  CAP return

  Valuation

  6%

  $251,823

  6.5%

  $232,452

  7%

  $215,848

• Comparable approach

  Method

  Valuation

  Relative Method

  $173,866

  Geo Method

  $173,866

• Alternative Use

  Use

  Valuation

  Residential

  $288,241

  Hospitality

  $264,027

  Educational

  $219,667

  Medical

  $227,222

  Retail

  $341,705

Location Insight

City

Kokomo

County

Howard

State

Indiana

Latitude

40.4767

Longitude

-86.1255

CBSA code

29020

CBSA name

KOKOMO, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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