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Property profile & analytics

300 Southway Blvd Kokomo, IN 46902-3678

  • Retail space
  • 10,488 SF
  • 1.63 lot acres
OFF-MARKET
Value Estimation
$350,000
Location Intelligence
Property ID
US31-0207038
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

  • Herbst Pharmacy / Pharmacy / Drug Store
  • Tag-Team Collectibles / Collectibles Store
  • Herbst Pharmacy - Southway / Pharmacy

Property Details for 300 Southway Blvd

Year built
1979
Construction
TYPE NOT SPECIFIED
Lot size
1.63 lot acres
Property size
10,488 SF
Property type
Retail space
APN
34-09-13-228-017.000-006
APU
340913228017000006

Description

This exceptional 10,567 square foot single-tenant office building, located at 300 E Southway Blvd in Kokomo, Indiana, presents a unique investment opportunity. Originally a bank, this property underwent a complete renovation in 2022, transforming it into a modern and efficient office space. The building, constructed in 1979, sits on a spacious 1.62-acre lot and features a single story with 9-foot ceilings. The property boasts 46 parking spaces for ample tenant and visitor convenience. The layout includes several adaptable spaces, each approximately 1380 square feet, created from former drive-thru bays. Additionally, there's a larger 5,047 square foot area available, offering flexibility for various business needs. These spaces can be leased individually or combined to accommodate larger tenants. All spaces are currently finished with white box interiors, ready for immediate occupancy. The building offers high visibility from its prominent location, making it ideal for businesses seeking strong brand exposure. There are no loading docks or elevators in the building. This property is a rare find in Kokomo, offering a blend of modern amenities and a convenient location. The property's size and layout provide significant potential for a variety of businesses. The ample parking and high visibility make this an attractive option for businesses seeking a strong presence in the Kokomo market. The zip code is 46902.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $345,000
  • CAP approach

    CAP return
    Estimation
    6%
    $370,000
    6.5%
    $400,000
    7%
    $375,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $415,000
    Geo Method
    $355,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $375,000
    Retail
    $295,000
    Mixed-Use
    $340,000
    Hospitality
    $310,000
    Educational
    $325,000
    Residential Income
    $315,000
    Energy
    $350,000
    Income-Based Land
    $300,000
    Food Service
    $295,000

Location Insight

  • Map
  • Local Demand
City
Kokomo
County
Howard
State
Indiana
Longitude
-86.1285
Latitude
40.4445
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
$12,891
$211,600
$218,100
$429,700
-
$211,600
$218,100
$429,700
More about this property
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