I'd bet it is local, hiding in someones garage within 2 miles from where it was taken. I would look for it in the evenings 1 hour before and 1 hour afer sundown. Look in places which have alleys and or the garage is in the back yard. Believe it or not, the best thing to use is a bicycle, very quite and fast enough with your cell phone.
Better to take note of the address and come back later the next morning (4-5 AM) with the police after you know for certain the bike is there.
Tom