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    Property profile & analytics

    3611 Reed Rd Ste, Unit 107 Kokomo, IN 46902-3828

    • Medical offices
    • 28,886 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US31-1916989
    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

    • Medical offices

    Property Details for 3611 Reed Rd Ste

    Year built
    1987
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.12 lot acres
    Property size
    28,886 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    34-10-18-101-033.007-002
    APU
    341018101033007002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $445,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $475,000
      Mixed-Use
      $455,000
      Hospitality
      $475,000
      Educational
      $395,000
      Residential Income
      $465,000
      Energy
      $510,000
      Income-Based Land
      $470,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.124
    Latitude
    40.4462
    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
    $4,824
    $31,000
    $129,800
    $160,800
    -
    $31,000
    $129,800
    $160,800

    Comparable in this City

    • Value Estimation
      $435,000
      28,886 SF

      3611 Reed Rd Ste 214a

      MEDICAL BUILDING • 28,886 SF
      3611 Reed Rd Ste 214a, Kokomo, IN 46902-3806
      View Details
    • Value Estimation by Request
      19,891 SF

      3118 Lafountain St

      MEDICAL BUILDING • 19,891 SF
      3118 Lafountain St, Kokomo, IN 46902-3710
      View Details
    • Value Estimation
      $350,000
      28,886 SF

      3611 Reed Rd Ste, Unit 210

      MEDICAL BUILDING • 28,886 SF
      3611 Reed Rd Ste, Kokomo, IN 46902-3828
      View Details
    • Value Estimation by Request
      8,029 SF

      310 Alto Rd

      MEDICAL BUILDING • 8,029 SF
      310 Alto Rd, Kokomo, IN 46902-3674
      View Details
    • Value Estimation
      $375,000
      3,136 SF

      3804 Southland Ave

      MEDICAL BUILDING • 3,136 SF
      3804 Southland Ave, Kokomo, IN 46902-3637
      View Details
    • Value Estimation
      $385,000
      3,920 SF

      2362 Blvd Boulevard

      MEDICAL BUILDING • 3,920 SF
      2362 Blvd Boulevard, Kokomo, IN 46902-6080
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      2,000 SF

      Kokomo Medical Office Space For Lease

      2,000 SF Medical Office Available Now
      1419 Reed Rd, Kokomo, IN 46902
      View Details
    • Contact for pricing
      3,095 SF

      Medical Office Space For Rent

      Professionally managed medical office park with convenient parking.
      2312 S Dixon Rd, Kokomo, IN 46902
      View Details
    • $8 SF/Yr
      17,640 SF

      Kokomo Office Space for Lease

      Creative office space, 4,420 sq ft available
      3800 Reed Rd, Kokomo, IN 46902
      View Details
    • $10 SF/Yr
      120,000 SF

      Southway Plaza Retail Spaces

      Kokomo, IN retail & office space
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      View Details
    • $3,887 /Mo
      1,942 SF

      Kokomo Office Space Available

      Versatile office suites for rent near national retailers.
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      View Details
    • Contact for pricing
      2,363 SF

      Retail Space in Kokomo, Indiana

      Retail space available for lease in Kokomo, Indiana.
      1988 Boulevard E, Kokomo, IN 46902
      View Details
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    Kokomo, IN 46902-3828
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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