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    2402 National Hwy Washington, IN 47501

    • Retail properties
    • 2,100 SF
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 2402 National Hwy

    Year built
    2024
    Property size
    2,100 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    This exceptional 2,100-square-foot commercial space, located at 2402 E National Hwy, Washington, IN 47501, presents a unique opportunity for businesses seeking a Class A, single-tenant property. Situated in a brand-new building (2024 construction), this ground-floor suite offers high visibility and easy access from US 50, with convenient proximity to I-69. The space is currently vacant and ready for immediate occupancy. Zoned for commercial use, it's adaptable to various needs, including traditional office, medical office, or creative office uses, as well as retail or restaurant applications. The building features ten parking spaces for tenant and customer convenience. Utilities are provided by the City of Washington Electric Department. The property boasts a prime location, adjacent to a new Jimmy John's restaurant, ensuring high foot traffic and visibility. This shell space allows for complete customization to meet your specific business requirements. Don't miss this chance to establish your presence in a thriving commercial area. The property is classified as a single-tenant space within a larger building. The building is one story and does not include elevators. The cross street is US 50.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Daviess
    State
    Indiana
    Longitude
    -87.1423
    Latitude
    38.6548

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    2402 National Hwy
    Washington, IN 47501
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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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