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    116 Cherry Tree Plz Washington, IN 47501

    For Lease
    $12 SF/Yr ($1,200 /Mo)

    Retail - Washington, IN

    Type:Retail
    Property size:
    1,200 SF
    Days on Market:
    58
    Last Refresh:
    Dec 5 at 12:06 pm

    Property Features for 116 Cherry Tree Plz

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    14-10-35-102-043.000-017
    Interior features
    Other, None
    Size
    1,200 SF

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1988
    Floors in Building
    1
    Flooring type
    Other
    Building materials
    Block
    Roof type
    Flat
    Architectural style
    Other

    Century 21 Classic Realty (812) 254-5204 [email protected]

    Listing agent Shelley Brinson (812) 254-5204 License #RB14036420

    Listing date Oct 9, 2025

    MLS# 202022276 Listing URL

    Copyright © 2025 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Cherry Tree Plaza

    This retail space, situated in Cherry Tree Plaza in Washington, Indiana, offers 1200 square feet of area. Cherry Tree Plaza serves as a convenient shopping center for the local community. The property is located in Daviess County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Daviess
    State
    Indiana
    Longitude
    -87.1538
    Latitude
    38.65111

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail space - Retail space available now in a convenient shopping center.
    Where is this retail space located?
    The property is located at 116 Cherry Tree Plz Washington, IN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Retail space available immediately in Cherry Tree Plaza shopping center.; - Space offers 1200 square feet.; - Features central air conditioning.
    (812) 254-5204
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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
    116 Cherry Tree Plz Washington, IN 47501
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