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    Property profile & analytics

    3980 Reed Rd Kokomo, IN 46902-5087

    • Hotels
    • 19,104 SF
    • 3.59 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1407377
    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

    • Days Inn & Suites by Wyndham Kokomo / Hotel / Inn
    • HMHI / Hotel

    Property Details for 3980 Reed Rd

    Year built
    1974
    Construction
    WOOD
    Lot size
    3.59 lot acres
    Property size
    19,104 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    34-10-18-302-009.000-015
    APU
    341018302009000015

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.1256
    Latitude
    40.4389
    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
    $34,230
    $613,700
    $527,300
    $1,141,000
    -
    $613,700
    $527,300
    $1,141,000

    Comparable in this City

    • Value Estimation by Request
      2,482 SF

      Uppr Rd Rd

      HOTEL/MOTEL • 2,482 SF
      Uppr Rd Rd, Kokomo, IN 46902
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    • Value Estimation by Request
      48,441 SF

      411 Kentucky Dr

      HOTEL/MOTEL • 48,441 SF
      411 Kentucky Dr, Kokomo, IN 46902-7137
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      86,954 SF

      1709 Lincoln Rd

      HOTEL/MOTEL • 86,954 SF
      1709 Lincoln Rd, Kokomo, IN 46902-3900
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    • Value Estimation by Request
      59,824 SF

      5101 Cartwright Dr

      HOTEL/MOTEL • 59,824 SF
      5101 Cartwright Dr, Kokomo, IN 46902-4331
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    • Value Estimation by Request
      2,368 SF

      1901 Goyer Rd

      HOTEL/MOTEL • 2,368 SF
      1901 Goyer Rd, Kokomo, IN 46902-2784
      View Details
    • Value Estimation
      $680,000
      23,632 SF

      5110 Clinton Dr

      HOTEL/MOTEL • 23,632 SF
      5110 Clinton Dr, Kokomo, IN 46902-7135
      View Details

    Similar Nearby for Sale

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    • $1,360,000
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      High-Traffic Retail Investment Opportunity

      Two-tenant retail building on Southway Blvd with strong income.
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    • Contact for pricing

      Land in Kokomo, Indiana

      Land available in Kokomo, Indiana.
      2016 Boulevard E, Kokomo, IN 46902
      View Details

    Similar Nearby for Lease

    • $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
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    • 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
    • Contact for pricing
      2,000 SF

      Kokomo Retail Space Sublease

      Retail space in Kokomo's prime trade area for sublease.
      1403-1439 S Reed Rd, Kokomo, IN 46902
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    • Contact for pricing

      Prime Commercial Outlot Parcel

      Acre parcel in Kokomo's regional trade area for rent.
      Boulevard E, Kokomo, IN 46902
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    • $28,800
      1,706 SF

      Kokomo Retail Space For Lease

      1706 sq ft, Single Tenant, C2 Zoning
      2916 Reed Rd, Kokomo, IN 46902
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    • $10 SF/Yr
      120,000 SF

      Southway Plaza Retail Spaces

      Kokomo, IN retail & office space
      3800 Reed Rd, Kokomo, IN 46902
      View Details

    Property Visit Statistics

    • Visits by month
      3.2k
    • Visitors by month
      667
    • Avg Time on site
      509 min
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    3980 Reed Rd
    Kokomo, IN 46902-5087
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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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