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    FOR SALE
    Commercial real estate

    14408 Leo Rd Leo, IN 46765

    1.56 ac lot Built 1959
    Property ID
    US31-0539859
    14408 Leo Rd, Leo, IN 46765 For Sale 1 / 36
    $1,900,000
    14408 Leo Rd, Leo, IN 46765
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    Property summary
    AI-generated overview

    This exceptional 1.56-acre commercial property located at 14408 Leo Road in Leo, Indiana, presents a remarkable investment opportunity. Boasting a prime location with over 6,000 cars passing daily, this property offers unparalleled visibility and accessibility. The existing home, situated on the river, provides a versatile foundation for a variety of commercial ventures. With significant renovation potential, the home features three bedrooms, one and a half bathrooms, a stunning kitchen complete with a large island and quartz countertops, two living areas, a spacious 10' x 30' sunroom, abundant storage, a full finished basement, and a substantial 36' x 46' attached garage with multiple entry points. The property's idyllic setting, enhanced by mature trees and captivating river views, creates a unique and attractive environment for businesses. The possibilities are vast, ranging from office space and storage units to restaurants, retail establishments, or even a winery. This highly sought-after location within the growing Leo community ensures a strong foundation for success. Don't miss this chance to capitalize on this exceptional property's immense potential. The asking price is $1,900,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1959
    Lot 1.56 ac (67,954 SF)
    UPID US31-0539859
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Jiffy Wash Car Wash
    1 occupant on record
    Value estimations
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    Permitted uses
    Permitted uses
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