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    14408 Leo Rd Leo, IN 46765

    For Sale
    $1,900,000

    Personal, House - Leo, IN

    Type:Single Family Residence
    Lot size:
    1.56 Acres
    Days on Market:
    120
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 14408 Leo Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Residence
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Kitchen
    Bathrooms
    2
    APN
    02-03-22-176-008.000-082
    Parking features
    Garage, Off Street
    Interior features
    Wood, Living Space, Basement, Refrigeration/Freezer
    Exterior features
    Living Space, Basement, Refrigeration/Freezer, Walk To Lake Access
    Lot size
    1.56 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water front features
    Waterfront Walk To Lake Access, Waterfront Saint Joseph River, Waterfront, Waterfront Saint Joseph River, Waterfront Walk To Lake Access
    Water front
    1

    Building Details

    Year built
    1959
    Floors in Building
    1
    Flooring type
    Carpet, Vinyl
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    F.C. Tucker Fort Wayne (260) 489-0013

    Listing agent Jess Steury (260) 489-0013 License #RB14052363

    Listing date Aug 8, 2025

    MLS# 202531364 Listing URL

    Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leo Road Commercial Opportunity

    This property, situated on over 2 acres in the growing Leo community, presents a great opportunity with many possibilities. The location offers high visibility and accessibility, with over 6,000 passing cars daily. The property includes a house that could be converted into an office space or a gathering place. Renovations include 3 bedrooms, 1.5 baths, a kitchen with a large island and quartz countertops, 2 living areas, a 10'x30' sunroom, storage, and a finished basement. It also features a new water heater and softener, and a 36x46 attached garage with multiple entries. The property is located on the river and has mature trees and river views. Potential business uses include office buildings, winery, storage units, laundry mat, fast food chain, restaurant, bar, shopping, ice cream, or park/rec area. The lot size is 1.56 acres, located in Allen County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jiffy Wash Car Wash

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leo
    County
    Allen
    State
    Indiana
    Longitude
    -85.01383
    Latitude
    41.218271

    Nearby Similar for Sale

    • $429,000
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      High-Visibility Office on State Road

      Well-located office building with flexible layout and high traffic exposure.
      9726 Saint Joseph St, Leo, IN 46765
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    • $2,257,200
      10,400 SF

      Established Kid City USA Location

      Long-term leased Kid City USA in Leo-Cedarville, Indiana.
      14621 Amstutz Rd, Leo, IN 46765
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    • $395,000
      1,780 SF

      Class A Office Building For Sale

      Well-maintained office building in a strategic location, ideal for owner/user.
      14019 Pony Express Run, Leo, IN 46765
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    FAQs

    What type of property is this?
    Retail property - Prime location in Leo with high visibility and endless potential.
    Where is this retail property located?
    The property is located at 14408 Leo Rd Leo, IN.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Prime location on the river with high visibility (6,000+ cars daily) in the growing Leo community.; - Over 2 acres of land with mature trees and river views.; - Existing house easily convertible to office space or other commercial use.
    (260) 489-0013
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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
    14408 Leo Rd Leo, IN 46765
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