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    670 400th S Kokomo, IN 46902-8101

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    670 400th S Kokomo, IN 46902-8101


    • Office properties & Spaces
    • 6,450 SF
    • 20.93 lot acres
    Off-Market
    Property ID
    US31-2971647
    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.

    Value Estimations
    $680,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 670 400th S

    Year built
    1940
    Construction
    WOOD
    Lot size
    20.93 lot acres
    Property size
    6,450 SF
    Property type
    Office properties & Spaces
    APN
    34-10-30-200-006.000-015
    APU
    341030200006000015

    Description

    This exceptional Kokomo, Indiana commercial property presents a unique investment opportunity. The expansive 22.15-acre lot hosts a substantial 5,844 square foot office building, perfectly suited for a diverse range of businesses. The building itself boasts 15 private offices, providing ample space for individual work or team collaboration. A convenient kitchenette and a welcoming front reception area enhance functionality and create a professional atmosphere. Storage rooms cater to various organizational needs, while two half bathrooms ensure convenient access for staff and clients. The property also includes a two-car attached garage, offering secure parking and additional storage space. Extensive on-site parking is available, accommodating a large number of vehicles. The significant acreage offers considerable potential for future expansion or development, allowing for growth and adaptation to evolving business needs. Located in Kokomo, IN at 670 E 400 SOUTH, this property is strategically positioned for convenient access to key transportation routes and local amenities. This is an ideal location for corporate headquarters, medical facilities, or professional service providers seeking a versatile and well-equipped space with significant room for growth. The asking price for this remarkable property is $535,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $666,000
      Market price range: $195k - $721k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $480,000
      Current use
      RETAIL STORES
      $520,000
      Change: +8% Conversion: Easy
      RESTAURANT
      $505,000
      Change: +5% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $460,000
      Change: -4% Conversion: Difficult
      WAREHOUSE, STORAGE
      $455,000
      Change: -6% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.1143
    Latitude
    40.4169
    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
    $14,526
    $368,500
    $118,800
    $487,300
    -
    $368,500
    $118,800
    $487,300
    More about this property
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