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    Property profile & analytics

    1808 National Hwy Washington, IN 47501-4514

    • Hotels
    • 12,172 SF
    • 1.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2248949
    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

    • Hotels

    Property Details for 1808 National Hwy

    Year built
    1995
    Construction
    WOOD
    Lot size
    1.20 lot acres
    Property size
    12,172 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    14-10-35-102-034.000-017
    APU
    141035102034000017

    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
    -87.1543
    Latitude
    38.6535
    CBSA code
    47780
    CBSA name
    WASHINGTON, IN MICROPOLITAN 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
    $38,946
    $26,300
    $1,271,900
    $1,298,200
    -
    $26,300
    $1,271,900
    $1,298,200

    Comparable in this City

    • Value Estimation
      $510,000
      8,392 SF

      Hwy 50e

      HOTEL/MOTEL • 8,392 SF
      Hwy 50e, Washington, IN 47501
      View Details
    • Value Estimation
      $475,000
      26,336 SF

      7 Cumberland Dr

      HOTEL/MOTEL • 26,336 SF
      7 Cumberland Dr, Washington, IN 47501-4379
      View Details
    • Value Estimation
      $330,000
      8,672 SF

      412 Es St

      HOTEL/MOTEL • 8,672 SF
      412 Es St, Washington, IN 47501-3225
      View Details
    • Value Estimation
      $305,000
      7,268 SF

      4658 Us Hwy 50

      HOTEL/MOTEL • 7,268 SF
      4658 Us Hwy 50, Washington, IN 47501-7727
      View Details
    • Value Estimation by Request
      1.82 Acres

      6 Gtwy Xing

      Commercial real estate • 1.82 Acres
      6 Gtwy Xing, Washington, IN 47501
      View Details
    • Value Estimation by Request
      0.12 Acres

      Train Depot St

      VACANT COMMERCIAL LAND • 0.12 Acres
      Train Depot St, Washington, IN 47501
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
      0.28 Acres

      Residential Land in Central Location

      Land near schools and shopping, ideal for building or investment.
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    • $350,000
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      Mixed-use commercial property with income potential in downtown Washington.
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    Similar Nearby for Lease

    • Contact for pricing
      2,100 SF

      Washington East Suite A: Prime Office Space

      New 2,100 sq ft office, retail, or medical space.
      2402 National Hwy, Washington, IN 47501
      View Details
    • Contact for pricing
      18,000 SF

      Retail Space with Loading Dock

      Retail space featuring overhead door, loading dock, and ample parking.
      2214 E National Hwy, Washington, IN 47501
      View Details
    • $12 SF/Yr
      1,200 SF

      Retail Space in Cherry Tree Plaza

      Retail space available now in a convenient shopping center.
      116 Cherry Tree Plz, Washington, IN 47501
      View Details
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    1808 National Hwy
    Washington, IN 47501-4514
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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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