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    Property profile & analytics

    15020 State Rd 1st 1 Leo, IN 46765

    • Retail space
    • 2,678 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 07, 2023
    Location Intelligence
    Property ID
    US31-0022973
    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

    • Retail space

    Property Details for 15020 State Rd 1st 1

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.13 lot acres
    Property size
    2,678 SF
    Property type
    Retail space
    APN
    02-03-15-381-003.000-082
    APU
    20315381003000082

    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
    -85.0106
    Latitude
    41.2246
    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
    $1,488
    $19,500
    $57,200
    $76,700
    -
    $19,500
    $57,200
    $76,700

    Comparable in this City

    • 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
    • Value Estimation
      $315,000
      6,964 SF

      15013 State Rd 1st 1

      RETAIL STORES (PERSONAL SERVICES) • 6,964 SF
      15013 State Rd 1st 1, Leo, IN 46765-9323
      View Details
    • Value Estimation
      $415,000
      5,456 SF

      11119 Grabill Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,456 SF
      11119 Grabill Rd, Leo, IN 46765-9415
      View Details
    • Value Estimation
      $125,000
      13,145 SF

      13821 Leo Rd

      RETAIL STORES (PERSONAL SERVICES) • 13,145 SF
      13821 Leo Rd, Leo, IN 46765-9400
      View Details
    • Value Estimation by Request
      6.00 Acres

      17011 Amstutz Rd

      RETAIL STORES (PERSONAL SERVICES) • 6.00 Acres
      17011 Amstutz Rd, Leo, IN 46765-9523
      View Details
    • Value Estimation by Request
      3,759 SF

      10629 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,759 SF
      10629 Main St, Leo, IN 46765-9322
      View Details

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      Residential land in a luxury micro community with large lots.
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    • $128,700
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    Similar Nearby for Lease

    • Contact for pricing
      1,994 SF

      New Retail Suites in Leo

      New retail suites available for lease in Leo, Indiana.
      13801 Amstutz Rd, Leo, IN 46765
      View Details
    • $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
      View Details
    • $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
      View Details
    • $1,500 /Mo
      1,121 SF

      Restored Storefront in Leo-Cedarville

      Historic 1,121 SF storefront in thriving Leo-Cedarville area.
      15026 Center St, Leo, IN 46765
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    Leo, IN 46765
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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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