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Property profile & analytics

2800 S Reed Rd Kokomo, IN 46902

  • Office Properties & Spaces
  • 16,054 SF
  • 1.45 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-1624548
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.

Current Use by Public Records

  • BMO Harris Bank Mortgage / Loan Service / Bank
  • BMO Bank N.A Branches / Bank / Loan Service
  • Bank of the West / Bank / Loan Service
  • ATM (BMO Harris Bank) / Atm
  • At Your Services Home Care Inc / Home Health Care Service

Property Details for 2800 S Reed Rd

Year built
2001
Construction
TYPE NOT SPECIFIED
Lot size
1.45 lot acres
Property size
16,054 SF
Property type
Office Properties & Spaces
APN
34-10-07-426-001.000-002
APU
341007426001000002

Description

This exceptional two-story office building, located at 2800 S Reed Rd in Kokomo, Indiana, presents a unique investment opportunity. The entire 6,960 square foot building is currently vacant, offering immediate occupancy for a single tenant or the potential for multiple tenants. The property is classified as both Executive and Traditional Office space, providing flexibility for a variety of business needs. Situated in Howard County, with easy access to key transportation routes, this property boasts a prime location within the Kokomo area. The building's 6,960 square feet are spread across two stories, offering ample space for offices, meeting rooms, and support areas. The property's current vacancy presents a blank canvas for a prospective buyer to customize the space to their exact specifications. This is an excellent opportunity to acquire a substantial office building in a desirable location, ready for immediate development and occupancy. The property's address is 2800 S Reed Rd, Kokomo, IN 46902. The building's size and layout offer significant potential for a variety of uses, making it an attractive investment for both established businesses and new ventures. The location in Howard County provides access to a strong local workforce and a thriving business community. This is a rare opportunity to acquire a fully vacant, sizable office building in a prime location. The property is ready for immediate renovation and occupancy, allowing for a quick return on investment. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,793,000
    Market price range: $486k - $1.79M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,200,000
    Current use
    RETAIL STORES
    $1,300,000
    Change: +8% Conversion: Easy
    RESTAURANT
    $1,260,000
    Change: +5% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $1,150,000
    Change: -4% Conversion: Difficult
    WAREHOUSE, STORAGE
    $1,130,000
    Change: -6% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Kokomo
County
Howard
State
Indiana
Longitude
-86.112
Latitude
40.4548
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
$49,413
$287,100
$1,360,000
$1,647,100
-
$287,100
$1,360,000
$1,647,100
More about this property
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