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    Property profile & analytics

    10518 Main St Leo, IN 46765-9737

    • Hotels
    • 1,259 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $50,000
    Last Sale
    Nov 16, 2021
    $64,900
    Location Intelligence
    Property ID
    US31-0110385
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CODA SALON / Beauty Salon

    Property Details for 10518 Main St

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Property size
    1,259 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    02-03-15-383-005.000-082
    APU
    20315383005000082

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leo
    County
    Allen
    State
    Indiana
    Longitude
    -85.0116
    Latitude
    41.2238
    CBSA code
    23060
    CBSA name
    FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,808
    $21,600
    $71,600
    $93,200
    -
    $21,600
    $71,600
    $93,200

    Comparable in this City

    • Value Estimation by Request
      2,044 SF

      9825 Saint Joseph St

      HOTEL/MOTEL • 2,044 SF
      9825 Saint Joseph St, Leo, IN 46765-9644
      View Details
    • Value Estimation by Request
      2,720 SF

      13711 Leo Rd

      HOTEL/MOTEL • 2,720 SF
      13711 Leo Rd, Leo, IN 46765
      View Details
    • Value Estimation by Request
      0.01 Acres

      Leo Rd

      VACANT COMMERCIAL LAND • 0.01 Acres
      Leo Rd, Leo, IN 46765
      View Details
    • Value Estimation by Request
      0.22 Acres

      Pony Expy Run

      VACANT COMMERCIAL LAND • 0.22 Acres
      Pony Expy Run, Leo, IN 46765
      View Details
    • Value Estimation by Request
      425 SF

      16450 Leo Rd

      STORAGE YARD, OPEN STORAGE • 425 SF
      16450 Leo Rd, Leo, IN 46765
      View Details
    • Value Estimation
      $100,000
      2,320 SF

      14436 Leo Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,320 SF
      14436 Leo Rd, Leo, IN 46765-9407
      View Details

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      Residential Land in Makarios Place

      0.29 acre residential lot in desirable Makarios Place.
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      Residential Land in Whisper Creek

      Residential land in Leo, IN, with approved outbuildings.
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    Similar Nearby for Lease

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      1,121 SF

      Restored Storefront in Leo-Cedarville

      Historic 1,121 SF storefront in thriving Leo-Cedarville area.
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    • Contact for pricing
      1,994 SF

      New Retail Suites in Leo

      New retail suites available for lease in Leo, Indiana.
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    • $8 SF/Yr
      1,200 SF

      Leo, IN Retail/Office Space

      Charming space with high visibility and accessibility for retail/office use.
      15010 State Road 1, Leo, IN 46765
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    • $9 SF/Yr
      14,709 SF

      Retail Space in Leo-Cedarville

      Retail spaces available in high-traffic Leo-Cedarville location.
      14550 Amstutz Rd, Cedarville, IN 46765
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    10518 Main St
    Leo, IN 46765-9737
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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
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