2905 S Reed Rd Kokomo, IN 46901
1,340 SF redevelopment site on Kokomo's busiest street.
Property size:
1,340 SFLot size:
1.18 AcresProperty Features for 2905 S Reed Rd
General Information
- Size
- 1,340 SF
- Lot size
- 1.18 Acres
Source:
Moodyscre
Listing Agent: Mark Herbert
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Kokomo QSR Redevelopment Site
This 1,340 SF quick-service restaurant redevelopment site is located at 2905 South Reed Road in Kokomo, IN. The property is situated next to the Stellantis/Chrysler Transmission Plant, which employs 2,900 individuals and has recently invested $155 million in retooling its factory to produce electric drive modules for electric vehicles. It is located on Kokomo’s busiest street, a primary retail corridor with a high-visibility location. The site benefits from signage rights and access from both Reed Road (38,255 VPD) and Lincoln Road (10,913 VPD). The property is located on the pedestrian Industrial Heritage Trail, connecting the site to Motel 6, Hampton Inn, Baymont by Wyndham, Best Western, and the Stellantis Transmission Plant. The zoning is C2, which allows for medium to large-scale general commercial use. Water, sewer, and electric utilities are available onsite, along with an existing grease trap. The location is approximately 45 minutes north of Indianapolis and less than 10 minutes from Haynes International Inc. headquarters. The area has experienced a 29% population growth from 46,100 in 2010 to 59,600 in 2020. Samsung and Stellantis are investing $6.3 billion into electric vehicle battery factories down the street on Reed Rd, creating 1,400 new high-wage jobs.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Kokomo
- County
- Howard
- State
- Indiana
- Longitude
- -86.12416
- Latitude
- 40.511505
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FAQs
What type of property is this?
Storefront property - 1,340 SF redevelopment site on Kokomo's busiest street.
Where is this storefront property located?
The property is located at 2905 S Reed Rd Kokomo, IN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: - Located next to Stellantis/Chrysler Transmission Plant (2,900 jobs) with recent $155M investment.; - Located on Kokomo’s busiest street (38K VPD) in a primary retail corridor.; - Samsung & Stellantis investing $6.3B into electric vehicle battery factories nearby, creating 1,400 new high-wage jobs.