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    408 Center Rd Kokomo, IN 46902

    For Sale
    $425,000

    Versatile space, prime location, ample parking.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 408 E Center Road in Kokomo, Indiana, presents a compelling investment opportunity. Situated on a 0.67-acre lot at the highly visible intersection of Center Road and 931, this building offers over 4,000 square feet of adaptable space. Its prime location ensures excellent visibility and accessibility for customers and employees alike. Ample on-site parking is available, easily accommodating high traffic volume. The interior layout is well-suited for a variety of commercial uses. A spacious dining area is ideal for businesses requiring customer seating, complemented by a fully equipped prep area and a convenient walk-in refrigerator. The property benefits from a newer metal roof, providing long-term durability and minimizing maintenance costs. This property is priced at $425,000 and represents an excellent chance to establish or expand a business in a thriving Kokomo location. The combination of size, location, and features makes this an attractive option for discerning buyers seeking a versatile and well-maintained commercial space. Don't miss this opportunity to secure a prominent presence in a high-traffic area.

    Property Features for 408 Center Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    29,185 SF

    Building Details

    Year Built
    1981
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pizza Hut Pizza Delivery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.12621
    Latitude
    40.43388

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile space, prime location, ample parking.
    Where is this commercial real estate located?
    The property is located at 408 Center Rd Kokomo, IN.
    What is the asking price?
    The asking price for this property is $425,000.
    (765) 854-1234
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    408 Center Rd Kokomo, IN 46902
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    Kokomo, IN 46902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    408 Center Rd Kokomo, IN 46902
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