2905 Reed Rd Kokomo, IN 46902-7908
This exceptional commercial property presents a unique opportunity for a build-to-suit development or lease of an existing 1,340 square foot structure. Situated on 1.38 acres at 2905 S Reed Rd, Kokomo, IN 46902, this Class A property boasts a prime location on a major retail corridor with high visibility and traffic volume (38,000 vehicles per day). The site is zoned C2, allowing for medium to large-scale general commercial development. The existing building, constructed in 2025, offers a single-tenant space ideal for quick-service restaurants (QSR), retail, or other commercial uses. The property's strategic location adjacent to the Stellantis/Chrysler Transmission Plant, a major employer with recent significant investment in electric vehicle production, ensures a robust and growing customer base. The build-to-suit option allows for customization up to 8,400 square feet, providing flexibility to meet specific business needs. This is an unparalleled opportunity to establish a thriving business in a high-growth area of Kokomo, Indiana. The property's parcel number is 34-10-07-402-010.000-002. The cross street is Lincoln Rd.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.