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    408 E Center Rd Kokomo, IN 46902

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    For Sale
    $425,000

    Retail or restaurant property for sale in Kokomo, Indiana.

    Property size:
    4,184 SF
    Lot size:
    0.66 Acres

    Property Features for 408 E Center Rd

    General Information

    Size
    4,184 SF
    Lot size
    0.66 Acres

    Source: Colliers - Houston Agent Cody Persyn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kokomo Retail/Restaurant Opportunity For Sale

    This 4,184 square foot property is zoned C2, Commercial, and is suitable for restaurant or retail use, or conversion to professional office. The property includes two pylon signs. It benefits from high traffic volume, with 16,420 vehicles per day on SR 931 South and 9,016 vehicles per day on E. Center Rd. The location features a high concentration of hotels and restaurants in close proximity.
    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
    -86.126035
    Latitude
    40.433493

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    FAQs

    What type of property is this?
    Retail space - Retail or restaurant property for sale in Kokomo, Indiana.
    Where is this retail space located?
    The property is located at 408 E Center Rd Kokomo, IN.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Ideal for restaurant/retail use or conversion to professional office; - Zoned C2, Commercial; - High traffic volume: **16,420 VPD on SR 931 South**
    (281) 661-3222
    Request Owner's contact information
    408 E 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 E Center Rd Kokomo, IN 46902
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