151 S High St Warsaw, IN 46580
Flex space featuring showroom, offices, warehouse, and storage.
Property Features for 151 S High St
General Information
- Standard status
- Active
- Size
- 7,060 SF
- Property subtype
- OFFICE
Listing office Brian Peterson Real Estate Group (574) 265-4801
Listing date May 22, 2026
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Brian Peterson Real Estate Group
Investment Insights
Based on property information with market context.
Key Highlights
- 1. 6244 SF main level space + 816 SF upper storage space provides substantial usable area
- Versatile layout with showroom, work rooms, offices, and warehouse space
- Onsite and offsite parking available
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.9k | $9.48 |
| − Vacancy | −$4.6k | −$0.64 |
| EGI | $62.4k | $8.84 |
| − OpEx | −$21.8k | −$3.09 |
| NOI | $40.5k | $5.74 |
