For Sale
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Property summary
This exceptional commercial property, located at 408 E Center Road in Kokomo, Indiana, presents a compelling investment opportunity. Situated on a 0.67-acre lot at the highly visible intersection of Center Road and 931, this building offers over 4,000 square feet of adaptable space. Its prime location ensures excellent visibility and accessibility for customers and employees alike. Ample on-site parking is available, easily accommodating high traffic volume. The interior layout is well-suited for a variety of commercial uses. A spacious dining area is ideal for businesses requiring customer seating, complemented by a fully equipped prep area and a convenient walk-in refrigerator. The property benefits from a newer metal roof, providing long-term durability and minimizing maintenance costs. This property is priced at $425,000 and represents an excellent chance to establish or expand a business in a thriving Kokomo location. The combination of size, location, and features makes this an attractive option for discerning buyers seeking a versatile and well-maintained commercial space. Don't miss this opportunity to secure a prominent presence in a high-traffic area.
Property profile
VerifiedCap rate & NOI
Current use
-
Take-out & Catering
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Kokomo market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight