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    15026 Center St Leo, IN 46765

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    For Lease
    $1,500 /Mo ($16 SF/Yr)

    Historic 1,121 SF storefront in thriving Leo-Cedarville area.

    Property size:
    1,121 SF
    Lot size:
    0.16 Acres

    Property Features for 15026 Center St

    General Information

    Size
    1,121 SF
    Lot size
    0.16 Acres

    Source: Xplor Commercial Real Estate Agent Nick Gordon

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

    Overview

    Restored Storefront in Leo-Cedarville

    This historic storefront, located in the heart of Leo-Cedarville, dates back to 1876 and was renovated in 2017. The 1,121 SF property features restored hardwood flooring, a large retail floor, a restroom, and a stock room. Ample storage space is available. The property is situated in a prime downtown location within the commercial corridor, offering a distinctive store presence.
    Location Intelligence

    Current Use by Public Records

    Be You Boutique Clothing Store

    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
    -85.010605
    Latitude
    41.224814

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    FAQs

    What type of property is this?
    Storefront property - Historic 1,121 SF storefront in thriving Leo-Cedarville area.
    Where is this storefront property located?
    The property is located at 15026 Center St Leo, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location in the thriving Leo-Cedarville area.; - Beautifully restored historic storefront dating back to 1876.; - Thoughtful renovation in 2017 including restored hardwood flooring.
    (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
    15026 Center St Leo, IN 46765
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