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For Sale

19 Acres in Kokomo, Indiana

3318 Brooke Road,
Kokomo, IN 46902

Asset Snapshot

19.22 Acres
Land Area

Offering Summary

Investment Overview

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 communitywhere 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.


Investment Highlights

  • Site approved for 324 units
  • Market rate or affordable
  • Additional 36 AC to the North for SFR or townhomes
  • 12 minutes form StarPlus Energy Gigafactory. Phase one: $3.1 Billion investment creating 1,400 new jobs. Phase Two: $3.2 Billion investment creating an additional 1,300 new jobs.
  • 13 minutes from proposed Digital Realty Data Center. Phase one: $1.5 billion investment, 3 mm SF on 476 AC creating approximately 400 new jobs.

How it Works

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Listing Syndicated From

Buildout
For Sale
Unlisted
Asking Price

Investment Sales Broker

Jeffery Baumgartner, CCIM
Premier Commercial Real Estate Services | TCN Worldwide