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    Property profile & analytics

    816 Belvedere Dr Kokomo, IN 46901-5690

    • Retail space
    • 2,704 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US31-0778424
    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

    • Hoosier Hypnosis - Kokomo / Hypnotherapy Service / Service Establishment
    • Good Hands Massage / Massage Therapist / Foot Massage Parlor
    • The Nail Lady / Beauty Salon / Nail Salon

    Property Details for 816 Belvedere Dr

    Year built
    1969
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.46 lot acres
    Property size
    2,704 SF
    Property type
    Retail space
    APN
    34-04-32-352-011.000-002
    APU
    340432352011000002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $415,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $370,000
      Mixed-Use
      $460,000
      Hospitality
      $450,000
      Educational
      $350,000
      Residential Income
      $470,000
      Energy
      $440,000
      Income-Based Land
      $445,000
      Food Service
      $450,000

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.1061
    Latitude
    40.4782
    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
    $5,181
    $109,900
    $62,800
    $172,700
    -
    $109,900
    $62,800
    $172,700

    Comparable in this City

    • Value Estimation by Request
      4,404 SF

      1206 Vaile Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,404 SF
      1206 Vaile Ave, Kokomo, IN 46901-5623
      View Details
    • Value Estimation by Request
      17,260 SF

      108 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 17,260 SF
      108 Washington St, Kokomo, IN 46901
      View Details
    • Value Estimation by Request
      788 SF

      925 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 788 SF
      925 Washington St, Kokomo, IN 46901-3309
      View Details
    • Value Estimation by Request
      690 SF

      1825 Apperson Way

      RETAIL STORES (PERSONAL SERVICES) • 690 SF
      1825 Apperson Way, Kokomo, IN 46901-2378
      View Details
    • Value Estimation by Request
      14,280 SF

      503 Buckeye St

      RETAIL STORES (PERSONAL SERVICES) • 14,280 SF
      503 Buckeye St, Kokomo, IN 46901-4518
      View Details
    • Value Estimation by Request
      800 SF

      715 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      715 Washington St, Kokomo, IN 46901-3313
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      10,233 SF

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    • $10 SF/Yr
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      High-traffic retail space in Kokomo, IN.
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    • Contact for pricing
      5,179 SF

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      Prime Kokomo location, 5,166 sq ft available.
      306 Main St, Kokomo, IN 46901
      View Details
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    816 Belvedere Dr
    Kokomo, IN 46901-5690
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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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