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    909 Belvedere Dr Kokomo, IN 46901

    Sponsored
    For Sale
    $490,000

    Established Restaurant, High Traffic Area, Great Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 909 Belvedere Drive in Kokomo, Indiana, presents a fantastic opportunity for a savvy investor or restaurateur. The building boasts approximately 4,627 square feet of space, ideally situated for optimal visibility and accessibility. Its prime location offers unparalleled convenience, being in close proximity to major retail anchors such as Markland Mall, Walmart, Meijer, Raising Cane's, Popeye's, McDonald's, Sonic, and Chipotle. This ensures high foot traffic and significant exposure to potential customers. The property sits on a 0.35-acre lot, providing ample parking for patrons and staff. Recent improvements enhance the property's appeal and functionality. The exterior has been freshly painted, presenting a clean and modern aesthetic. Furthermore, a new metal roof ensures long-term durability and protection. The building is offered at $490,000, representing a compelling investment in a thriving commercial corridor. This turnkey opportunity is perfect for an established restaurant looking to expand or a new venture seeking a strong foundation for success. The property's strategic location and recent upgrades make it a truly exceptional offering in the Kokomo market. Don't miss this chance to acquire a well-positioned, ready-to-operate restaurant in a high-demand area.

    Property Features for 909 Belvedere Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.10675
    Latitude
    40.47752

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, High Traffic Area, Great Visibility
    Where is this commercial real estate located?
    The property is located at 909 Belvedere Dr Kokomo, IN.
    What is the asking price?
    The asking price for this property is $490,000.
    (765) 457-1700
    Request Owner's contact information
    909 Belvedere Dr Kokomo, IN 46901
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    Kokomo, IN 46901
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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
    909 Belvedere Dr Kokomo, IN 46901
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