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    15010 State Road 1 Leo, IN 46765

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    For Lease
    $8 SF/Yr ($800 /Mo)

    Charming space with high visibility and accessibility for retail/office use.

    Property size:
    1,200 SF
    Lot size:
    0.25 Acres

    Property Features for 15010 State Road 1

    General Information

    Size
    1,200 SF
    Lot size
    0.25 Acres

    Source: Xplor Commercial Real Estate Agent Nick Gordon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leo, IN Retail/Office Space

    Located at 15008-15020 IN-1 in Leo-Cedarville, IN, this boutique property is suitable for retail or office use. The property benefits from prime visibility and accessibility. Ample parking is available in a private surface lot and along the street. The location is situated across from a popular Thursday Farmer's Market, which contributes to high foot and vehicle traffic. Recent sidewalk and walking path enhancements promote community engagement in this pedestrian-friendly community. The property is available to combine with 10510 IN-1 for a total of 1,700 square feet in the building. The neighboring building at 15020 IN-1 is also available for combination, resulting in a total of 3,979 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Leo
    County
    Allen
    State
    Indiana
    Longitude
    -85.010524
    Latitude
    41.224248

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    FAQs

    What type of property is this?
    Office space - Charming space with high visibility and accessibility for retail/office use.
    Where is this office space located?
    The property is located at 15010 State Road 1 Leo, IN.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Prime location with **high visibility and accessibility on IN-1**, ideal for retail or office use.; - Ample parking available in a private surface lot and along the street.; - Located across from a popular Thursday Farmer's Market, generating high foot and vehicle traffic.
    (260) 487-3691
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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
    15010 State Road 1 Leo, IN 46765
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