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Property profile & analytics
FOR LEASE
Office buildings

2916 S Reed Rd Kokomo, IN 46902

3,134 SF 1.67 ac lot Built 1996
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1268008
2916 S Reed Rd, Kokomo, IN 46902 For Lease
Contact for pricing 1,706 SF available
2916 S Reed Rd, Kokomo, IN 46902
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Construction WOOD
Total area 3,134 SF
Lot 1.67 ac (72,745 SF)
APN 34-10-07-426-025.000-002
UPID US31-1268008
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jason Lipinski: Branch Manager, Mortgage Consultant, NMLS# 167569 Loan Service Bank
  • Brent Kelley, Loan Officer Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
FORTUNE AVENUE II LLC
FORTUNE AVENUE II LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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