Property Management
Experience, Integrity, and Innovation in Every Project We Build
For nearly five decades, Dick Rayl & Associates has been shaping the landscape of commercial and industrial development across the region. Founded on the vision of Dick Rayl and strengthened through the leadership of David Rayl, the company has grown into a trusted name in real estate development and property management.
Our portfolio spans a wide range of projects — from retail centers and office complexes to light industrial and service-based developments. Each project reflects our commitment to strategic planning, quality construction, and long-term value creation.
We take pride in delivering spaces that are not only functional and profitable but also contribute meaningfully to the communities they serve. With decades of proven experience, strong relationships, and hands-on project oversight, Dick Rayl & Associates continues to build environments where businesses thrive and investments grow.
At the core of everything we do is a simple philosophy — build with integrity, manage with care, and develop for the future.
Who we are
Over 50 Years of Excellence in Real Estate Development and Property Management
Services
Comprehensive Real Estate Development & Management Services
Real Estate Development
At Dick Rayl & Associates, we focus on commercial real estate development that delivers lasting value. We’ve developed and managed office, retail, healthcare, and light industrial projects, and offer select properties for sale or lease across Kokomo to support business growth.
Property Management
At Dick Rayl & Associates, we deliver full property management for office, retail, and commercial spaces. We maintain clean, well-kept environments, protect your investment, and support tenant satisfaction through proactive oversight and reliable service — keeping every property efficient, stable, and ready for long-term success.
General Contracting
At Dick Rayl & Associates, we work with trusted subcontractors across Kokomo and nearby counties. Our team manages every phase of construction, ensuring clear communication, quality work, and on-time delivery. If you have a design ready, we provide the expert oversight to bring it to life.
Available Properties
Strategically Located Developments Designed for Growth and Opportunity
2529 Commerce Dr
Suite H
Kokomo, IN
Indiana 46902
For Sale
$12.00 per sq ft
5346 sq ft
2529 Commerce Dr
Suite C/D
Kokomo, IN
Indiana 46902
For Lease
$12.00 per sq ft
5300 sq ft
2529 Commerce Dr
Suite B
Kokomo, IN
Indiana 46902
For Lease
$12.00 per sq ft
3987 sq ft
807 S Reed Rd
Kokomo, IN
Indiana 46901
For Sale
$1,350,000 or available for Ground Lease
0.79 Acres
114 S Buckeye St
Kokomo, IN
Indiana 46901
For Lease
$1,400 per month
1,280 sq ft
2334 W Sycamore St
Kokomo, IN
Indiana 46901
For Lease
$1,200 per month
700 sq ft
Results That Matter
Why Choose Us?
Proven Legacy of Excellence
With over 50 years in real estate development and management, we bring unmatched experience and insight to every project — from planning to completion.
Quality and Integrity in Every Build
Our reputation is built on delivering projects that meet the highest standards of construction, functionality, and long-term value.
