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2040 S Reed Rd
Kokomo, IN 46902

Bob Evans · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,658 SF
Building Class
B
Year Built/Renovated
2003/2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.73 AC

About 2040 S Reed Rd , Kokomo, IN 46902

This Bob Evans property is located at 2040 South Reed Road in Kokomo, Indiana. Kokomo is a city in and the county seat of Howard County, Indiana, United States. A significant number of technical and engineering innovations were developed in Kokomo, particularly in automobile production, which encompasses a substantial portion of Kokomo’s employment today. Surrounding Retail and Points of Interest The subject property is well-positioned in a dense retail corridor, benefiting from its proximity to major national and local tenants. Nearby national tenants include: Walmart, Meijer, Kohl’s, JCPenney, Kroger, TJ Maxx, HHGregg, Dressbarn, Target, Staples, Best Buy, Big Lots, Jo-Ann, Advance Auto Parts, Goodwill, Planet Fitness, Red Lobster, Papa John’s, Chipotle, Buffalo Wild Wings, AMC, as well as many others. Hotel accommodations in the area include the Comfort Inn & Suites, Fairfield Inn & Suites, Hampton Inn & Suites, Motel 6, and other local establishments. Indiana University at Kokomo can be found less than two miles away from this Bob Evan’s location, with annual enrollment of over 4,106 students. St. Vincent Kokomo, a 138 bed acute care facility, is within four miles of the subject property. Markland Mall, an indoor mall that houses roughly 45 stores, is also less than one mile from this Bob Evans location. General Motor’s Components Holding facility, as well as Fiat Chrysler Automobile’s Transmission plant, two of Kokomo’s largest employers, are within a half-mile of this subject property. Traffic Counts and Demographics There are approximately 41,683 people within a three-mile radius of this property and more than 65,417 within a five-mile radius. The property is located on South Reed Road, which has average daily traffic counts of 37,951. Kokomo, Indiana Kokomo’s employment is largely based in the manufacturing industry. Healthcare, social assistance, and the hospitality industry follow with combined total employment of roughly 15,000. A number of incentive programs help attract businesses to the city – programs such as property tax abatements, revolving loan funds, and customized business incentives all work to grow and develop the economy of Kokomo city. The city is also known for its Historical Society, which occupies the Seiberling Mansion and the Elliot House. The Seiberling Mansion was built as the residence of Monroe Seiberling, and is now a nationally recognized tourist attraction. Kokomo is also home to the Opalescent Glass Factory, Elwood Haynes Museum, and the Kokomo Art Center, which further elucidate Kokomo’s nickname: The City of Firsts.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-10-05-351-018.000-002
Land Assessment
$677,301
Improvements Assessment
$1,260,224
Total Assessment
$1,937,526
  • Listing ID: 11087160

  • Date on Market: 2017-12-28

  • Last Updated:

  • Address: 2040 S Reed Rd, Kokomo, IN 46902

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