1500 N Reed Rd Kokomo, IN 46901
Property Lookup
Property profile & analytics
1500 N Reed Rd Kokomo, IN 46901
- Outlet malls
- 100,968 SF
- 11.50 lot acres
Property ID
US31-1719785
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Kokomo Event & Conference Center / Conference Center / Trade Show Venue
- Lucas Home Furnishings Warehouse / Warehouse & Storage
- Sunrise Structures of Kokomo / Construction Company / General Contractor
- Kokomo Fireworks / Discount Store / Party Supply Store
- Simply Tasty Jam / Grocery & Convenience Store / Food Market
Property Details for 1500 N Reed Rd
- Year built
- 1990
- Construction
- WOOD
- Lot size
- 11.50 lot acres
- Property size
- 100,968 SF
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 34-04-30-277-002.000-002
- APU
- 340430277002000002
Description
This exceptional 100,968 square foot commercial building presents a significant investment opportunity in Kokomo, Indiana. Strategically located just south of the new battery plant, this property boasts high visibility and convenient access to major highways. The expansive 11.5-acre lot includes a substantial parking area, perfect for accommodating employees and customers. The building itself features a multitude of potential uses, including warehousing, storage, retail, and restaurants. With two dock doors and four overhead doors, loading and unloading are efficient and straightforward. The interior offers versatile space with ceiling heights ranging from 14 to 20 feet. A prominent multi-tenant sign enhances visibility and marketing opportunities. This property's size, location, and features make it ideal for a single large business seeking expansion or multiple tenants seeking a shared space. The potential for increased cash flow through various business models makes this a compelling investment for both established businesses and savvy investors. The property is priced at $4,999,000. Don't miss this chance to acquire a prime commercial property in a rapidly growing area.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Kokomo
- County
- Howard
- State
- Indiana
- Longitude
- -86.1087
- Latitude
- 40.5009
- CBSA code
- 29020
- CBSA name
- KOKOMO, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$57,975
$1,221,500
$711,000
$1,932,500
-
$1,221,500
$711,000
$1,932,500
