622 ReedKokomo, IN 46901

Off market
$793,900 Estimated
  • Turn key restaurants
  • 3,698 SF

Property Details for 622 Reed

Year built
1985
Lot size
0.71 AC
Property size (Sq ft)
3,698 SF
Property type
Turn key restaurants
APN
34-04-32-302-001.000-002
APU
340432302001000002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $977,777
    6.5%
    $902,564
    7%
    $838,095
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,157,322
    Geo Method
    $1,157,322
  • Alternative Use

    Use
    Valuation
    Residential
    $761,346
    Hospitality
    $697,389
    Educational
    $580,219
    Medical
    $600,174
    Retail
    $902,564
622 Reed, Kokomo, Indiana

Location Insight

City
Kokomo
County
Howard
State
Indiana
Latitude
40.4811
Longitude
-86.1069
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
$23,817
$307,700
$486,200
$793,900
-
$307,700
$486,200
$793,900

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