Kokomo, IN
Commercial Real Estate Market Trends & Data

$184 Avg asking sale price
$14 Avg asking lease rate
17,428 SF Avg unit lease size
65,480 SF Avg building size for sale
7.71% Average cap rate

Kokomo's Demographic Profile

Kokomo has 26,956 households and a median income of $50,485, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 61,471
# Households 26,956
Median age 41
Median household income $50,485
Avg household size 2.0
Renter-occupied housing units 10,888
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Kokomo, IN

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Kokomo $286 5,888 SF
Kempton $355 704 SF
Peru $111 6,308 SF
Frankfort $118 5,809 SF
Logansport $374 5,408 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Kokomo $277 49,541 SF 13.80%
Marion $64 93,158 SF 6.45%
Lawrence $95 8,043 SF 6.21%

Commercial Properties For Sale in Kokomo

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Sycamore Plaza

Kokomo, IN 46901

  • 4,200 SF Retail Building
  • 5.52% Cap Rate
  • $575,000
For Sale

E 400 N, Kokomo, IN 46901

Kokomo, IN 46901

  • 23.17 AC Lot
  • 1 Commercial Lot
  • $2,201,150
For Sale

145 Creekside Dr

Kokomo, IN 46901

  • 1,800 SF Retail Building
  • $275,000
For Sale

394 S 00 Ew

Kokomo, IN 46902

  • 5,000 SF Flex Building
  • $799,000
For Sale

808 S. Berkley Road

Kokomo, IN 46901

  • 3,060 SF Office Building
  • $250,000
For Sale

1215 W Jefferson St

Kokomo, IN 46901

  • 3,600 SF Retail Building
  • $329,900

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Kokomo pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Kokomo $184 65,480 SF
Burlington $64 4,404 SF
Greentown $35 4,950 SF

Regional Demographic Comparison

This comparison places Kokomo alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Kokomo or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Russiaville 1,223 449 39 $82,363 3 83 -3%
Burlington 628 245 43 $61,184 3 36 2%
Greentown 2,322 949 44 $57,409 2 196 -2%
Walton 898 360 41 $58,059 3 89 -4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Kokomo, IN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Kokomo

View All Commercial Real Estate For Sale in Kokomo
Is Kokomo a good market for a first-time commercial real estate investor?

Kokomo offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Kokomo?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Kokomo. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Kokomo?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Kokomo. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Kokomo compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Kokomo. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Kokomo acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Kokomo, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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