Financial
Distress signals
Property profile

3800 Reed Rd Kokomo, IN 46902

OFF-MARKET
Strip malls
Property ID
US31-1753335
46,400 SF 8.4 ac lot Built 1964
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Southway Plaza is a shopping center located in Kokomo, Indiana on an 8.81-acre site with approximately a quarter-mile of frontage on US 931. The property provides dual signalized access and is positioned for high roadway visibility with traffic counts exceeding 46,450 vehicles per day. The center includes retail space suitable for medical, office, or retail uses, with available suites sized at approximately 4,000 and 8,072 square feet. The shopping center is anchored by tenants including

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$93k
Tax billed · 2023
Assessed value$3.08M
Assessed land$1.22M
Assessed improvement$1.86M
Effective rate3.00%

Value estimate

· Sep 2026
$1.89M
$1.70M – $2.08M
Submarket $/SF estimate$1.85M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHOWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.1
Law Firm19.0
Building Supply18.7

Location

3800 Reed Rd Kokomo, IN 46902
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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