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    Property profile & analytics

    908 National Hwy Washington, IN 47501-3332

    • Turn key restaurants
    • 3,520 SF
    • 0.83 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US31-1744278
    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

    • Turn key restaurants

    Property Details for 908 National Hwy

    Year built
    1970
    Construction
    WOOD
    Lot size
    0.83 lot acres
    Property size
    3,520 SF
    Property type
    Turn key restaurants
    APN
    14-10-33-104-004.000-017
    APU
    141033104004000017

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $385,000
      6.5%
      $350,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $345,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $360,000
      Mixed-Use
      $410,000
      Hospitality
      $395,000
      Educational
      $460,000
      Residential Income
      $380,000
      Energy
      $435,000
      Income-Based Land
      $335,000
      Food Service
      $355,000

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Daviess
    State
    Indiana
    Longitude
    -87.1868
    Latitude
    38.6515
    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
    $3,096
    $23,700
    $79,500
    $103,200
    -
    $23,700
    $79,500
    $103,200

    Comparable in this City

    • Value Estimation
      $345,000
      3,723 SF

      800 National Hwy

      RESTAURANT • 3,723 SF
      800 National Hwy, Washington, IN 47501-4121
      View Details
    • Value Estimation
      $460,000
      9,025 SF

      418 National Hwy

      RESTAURANT • 9,025 SF
      418 National Hwy, Washington, IN 47501-4114
      View Details
    • Value Estimation
      $395,000
      9,996 SF

      350 150th S

      RESTAURANT • 9,996 SF
      350 150th S, Washington, IN 47501-7309
      View Details
    • Value Estimation
      $305,000
      3,654 SF

      1 Main St

      RESTAURANT • 3,654 SF
      1 Main St, Washington, IN 47501-2907
      View Details
    • Value Estimation
      $310,000
      599 SF

      1201 National Hwy

      RESTAURANT • 599 SF
      1201 National Hwy, Washington, IN 47501-4130
      View Details
    • Value Estimation
      $315,000
      2,065 SF

      1515 National Hwy

      RESTAURANT • 2,065 SF
      1515 National Hwy, Washington, IN 47501-4509
      View Details

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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.
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    • $12 SF/Yr
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      Retail space available now in a convenient shopping center.
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    • 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
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    908 National Hwy
    Washington, IN 47501-3332
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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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