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    2916 Reed Rd Kokomo, IN 46902

    For Lease
    $28,800

    1706 sq ft, Single Tenant, C2 Zoning

    Lot size:
    1,706 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 2916 S Reed Rd in Kokomo, Indiana, presents a fantastic opportunity for a single-tenant business. The building boasts a total of 1,706 square feet of space, currently entirely vacant and ready for immediate occupancy. Its convenient location in Kokomo, zip code 46902, offers excellent visibility and accessibility for customers. The property is zoned C2, providing flexibility for a variety of commercial uses. The building's single-tenant configuration ensures exclusive use and control of the entire space, eliminating the complexities of multi-tenant management. This is an ideal space for a business seeking a standalone location with ample room for operations and growth. The property's size and zoning make it suitable for a range of retail businesses, offering a blank canvas for a new venture or a relocation opportunity for an established company. With its prime location and readily available space, this property represents a compelling investment opportunity in a thriving Kokomo market. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is situated at latitude 40.4527663 and longitude -86.1136868.

    Property Features for 2916 Reed Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,706 SF
    Total Rate
    28800

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,706 SF
    Rate per SF
    $28,800

    HighLights

    • High visibility and easy access from US Highway 931.
    • Excellent location near hotels, major office complexes, and employers.
    • Pole sign permitted on US Highway 931.
    • High daily traffic count of 39,160 vehicles.
    • C‑2 zoning.
    • Specializing in healthcare real estate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jason Lipinski: Branch ... Mortgage Lender Brent Kelley, Loan ... Mortgage Lender

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.1136868
    Latitude
    40.4527663

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    FAQs

    What type of property is this?
    Retail property - 1706 sq ft, Single Tenant, C2 Zoning
    Where is this retail property located?
    The property is located at 2916 Reed Rd Kokomo, IN.
    What is the lease rate?
    The lease rate is $28,800.
    What are key features of this property?
    This property features: High visibility and easy access from US Highway 931.; Excellent location near hotels, major office complexes, and employers.; Pole sign permitted on US Highway 931.
    Request Owner's contact information
    2916 Reed 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
    2916 Reed Rd Kokomo, IN 46902
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