Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    804 Purdum St Kokomo, IN 46901-5546

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    804 Purdum St Kokomo, IN 46901-5546


    • Office properties & Spaces
    • 19,094 SF
    • 0.59 lot acres
    Off-Market
    Property ID
    US31-1740832
    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
    $1,570,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Your Detox Plans / Counselor

    Property Details for 804 Purdum St

    Year built
    1971
    Construction
    WOOD
    Lot size
    0.59 lot acres
    Property size
    19,094 SF
    Property type
    Office properties & Spaces
    APN
    34-04-31-357-007.000-002
    APU
    340431357007000002

    Description

    This exceptional Kokomo, Indiana commercial property presents a unique investment opportunity. Situated on a generous 1.18-acre lot at 804 S Purdum Street, the building boasts an impressive 18,000 square feet of versatile space. The property's layout is particularly well-suited for educational or recreational purposes, featuring eight sizable classrooms, each designed for optimal learning environments. A significant highlight is the inclusion of a full-size gymnasium complete with retractable bleachers and conveniently located locker rooms, providing ample space for athletic activities or large gatherings. Two separate entrances, each with its own foyer, ensure efficient flow and accessibility for occupants and visitors. Ample parking is provided with a large lot accommodating 20 or more vehicles. Furthermore, the property includes a designated area perfectly suited for the development of a playground, adding to its appeal for a variety of potential uses. The asking price for this substantial property is $299,900. This presents a rare chance to acquire a well-maintained building with significant potential in a desirable Kokomo location. The property's size, amenities, and ample parking make it an attractive prospect for a diverse range of commercial ventures. Serious inquiries are encouraged.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,378,000
      Market price range: $606k - $2.27M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,320,000
      Current use
      RESTAURANT
      $2,085,000
      Change: +58% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,845,000
      Change: +40% Conversion: Difficult
      RETAIL STORES
      $1,655,000
      Change: +25% Conversion: Easy
      MEDICAL BUILDING
      $1,305,000
      Change: -1% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,180,000
      Change: -11% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.1242
    Latitude
    40.478
    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
    $17,670
    $48,200
    $540,800
    $589,000
    -
    $48,200
    $540,800
    $589,000
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message