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Property profile & analytics

2916 Reed Rd Kokomo, IN 46902

  • Office buildings
  • 3,134 SF
  • 1.67 lot acres
Value Estimation
$290,000
Location Intelligence
Property ID
US31-1268008
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

  • Jason Lipinski: Branch Manager, Mortgage Consultant, NMLS# 167569 / Mortgage Lender
  • Brent Kelley, Loan Officer / Mortgage Lender

Property Details for 2916 Reed Rd

Year built
1996
Construction
WOOD
Lot size
1.67 lot acres
Property size
3,134 SF
Property type
Office buildings
APN
34-10-07-426-025.000-002
APU
341007426025000002

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $270,000
  • CAP approach

    CAP return
    Estimation
    6%
    $360,000
    6.5%
    $395,000
    7%
    $390,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $360,000
    Geo Method
    $305,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $345,000
    Retail
    $375,000
    Mixed-Use
    $330,000
    Hospitality
    $385,000
    Educational
    $365,000
    Residential Income
    $395,000
    Energy
    $315,000
    Income-Based Land
    $375,000
    Food Service
    $375,000

Location Insight

  • Map
  • Local Demand
City
Kokomo
County
Howard
State
Indiana
Longitude
-86.1128
Latitude
40.453
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
$2,091
$49,700
$20,000
$69,700
-
$49,700
$20,000
$69,700
More about this property
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