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1155 E Vaile Ave
Kokomo, IN 46901
Vacant Industrial - Prime Redevelopment · Industrial Property For Sale

Investment Highlights

  • Prime Redevelopment Opportunity
  • Located Less Than a Mile from Markland Mall with 4.7 Million Visitors per Year | Surrounded by National Retailers
  • 455,402 SF Vacant Industrial Building Located on 21.24 Acres | Price per Acre is $47,080.98

Executive Summary

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

Property Facts

Sale Type Investment
Sale Conditions
Deferred Maintenance
  • High Vacancy Property
  • Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 21.24 AC
Rentable Building Area 455,402 SF
No. Stories 1
Year Built/Renovated 1985/1987
Parking Ratio 1.42/1,000 SF
Clear Ceiling Height 52’
No. Dock-High Doors/Loading 20
No. Drive In / Grade-Level Doors 4
Zoning IND

Utilities

  • Lighting - Sodium
  • Gas - Natural
  • Water - City Water
  • Sewer - City Sewer
  • Heating - Gas

Property Taxes

Property Taxes

Parcel Number
34-04-31-452-002.000-002
Land Assessment
$49,114 CAD
Improvements Assessment
$876,985 CAD
Total Assessment
$926,099 CAD
  • Listing ID: 39577568

  • Date on Market: 2026-02-25

  • Last Updated:

  • Address: 1155 E Vaile Ave, Kokomo, IN 46901

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