Commercial Real Estate Market in Leo-cedarville, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing in Leo-cedarville, IN.
Market Trends
Leo-cedarville, IN spans 12.6 square miles in Allen County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Leo-cedarville, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Leo-cedarville, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Leo-cedarville, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily space in Leo-cedarville, IN asks $109/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 56.2%
- Agricultural 41.3%
- Commercial 2.4%
- Industrial 0.1%
Largest Zones share of zoned land by district
AG-Agriculture . This district is composed of land being used for production farming, hobby farming, and environmentally sensitive areas. These districts are not expected to develop for intensive urban uses within the near future. It is the intent of this district to allow agricultural uses, to conserve the desirable characteristics of the land, to preserve…
Market overview
Demographics & Economy
Leo-cedarville, IN has 5,580 residents in 2,070 households. Density runs 441 people per square mile. Median household income here is $105,114 and median gross rent $1,148 a month.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cedarville | — | — |
| Grabill | — | — |
| Hurshtown | — | — |
| Harlan | — | — |
Frequently Asked Questions
How much does it cost to lease commercial space in Leo-cedarville?
Methodology & data sources
- Asking prices and averages
- Computed from 0 active for-sale and 1 active for-lease listings in Leo-cedarville, IN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,450 zoned acres across 13 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
