Financial
Distress signals
Property profile

622 Reed Rd Kokomo, IN 46901

OFF-MARKET
Turn key restaurants
Property ID
US31-2271268
3,698 SF 0.71 ac lot Built 1985
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A freestanding drive-through restaurant building of 3,717 square feet situated on 0.67 acres. The property was constructed in 1993 and includes approximately 42 parking spaces. It is designated C-2 zoning and is configured as a standalone site that supports restaurant use without dependence on access through a larger retail center. Located at 622 S Reed Rd in Kokomo, Indiana, it is near Walmart and Target, with the site positioned along Reed Road, which is reported to carry approximately 24,000

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$794k
Assessed land$308k
Assessed improvement$486k
Effective rate3.00%

Value estimate

· Sep 2026
$375k
$338k – $413k
AI approach$350k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHOWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.3
Realty agency12.6
Dental Office11.3

Location

622 Reed Rd Kokomo, IN 46901-5602
County assessor Recorded deeds · not on file Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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