Property summary
This exceptional 4,400-square-foot free-standing retail building is ideally situated on a high-traffic section of Reed Rd. in Kokomo, Indiana. Built in 1984 and extensively renovated in 2023, this single-tenant property boasts a Class B rating and offers ample parking with 16 spaces available for customers and employees. The building sits on a 0.46-acre lot and features a new roof and HVAC systems, ensuring efficient and comfortable operation. The interior is configured for a single tenant and is ready for immediate occupancy. The property is zoned C-2, providing flexibility for a variety of retail uses. With its prime location, recent renovations, and ample parking, this property presents a compelling opportunity for businesses seeking a high-visibility presence in the Kokomo submarket. The property's APN is 34-10-05-351-002.000-002. Taxes are $1.73 per square foot. The building is one story and has no elevators. Utilities are available. The cross street is Reed Rd. and the zip code is 46902.
Property profile
VerifiedCap rate & NOI
Current use
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Furniture & Home Goods
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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