Share This Listing

Message

916 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Contract Broker for price
  • 19 acres +/-
  • The property currently benefits from an eleven million dollar ($11mm) TIF
  • Strategic location in Kokomo area
  • Proposed development site for a fully entitled multi-family project allowing for development up to 324 units

Executive Summary

The Kokomo area is on the brink of a transformative growth that aims to address a pressing issue affordable housing. This proposed development is not just about constructing buildings, but about creating a community where everyone has access to safe, quality, and affordable homes. The project's primary objective is to bridge the gap between income and housing costs, It's about fostering an inclusive community where residents, both permanent and transient, can thrive and prosper. This development will not only provide affordable homes but also stimulate local economic growth.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Hold For Development
Total Lot Size 19.22 AC

1 Lot Available

Lot

Lot Size 19.22 AC

Description

Nestled in the vibrant city of Kokomo, this prime location offers a thriving business environment and a rich array of nearby amenities. The area is renowned for its bustling commercial activity and is home to a diverse range of businesses, ensuring a dynamic and supportive professional community. With its proximity to major roadways and public transportation, the location offers unparalleled convenience for employees and clients alike. Embrace the potential of this dynamic area for your next office or land investment.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 41475590

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 3318 Brooke Rd, Kokomo, IN 46902

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}