2910 Highway Ave Highland, IN
Six-unit mixed-use property in Downtown Highland for sale.
Property Features for 2910 Highway Ave
General Information
- Standard status
- Active
- Size
- 8,280 SF
- Lot size
- 0.38 Acres
- Property subtype
- RETAIL
Listing office Diversified Commercial Real Estate (219) 836-4740
Listing date Sep 24, 2025
Source Moodyscre
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Investment Insights
Based on property information with market context.
Key Highlights
- 6‑Unit Investment Property
- Mixed‑Use (4 Apartments & 2 Commercial Units)
- Located in Downtown Highland
Local Financial Insights For Retail
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 | $109.3k | $13.20 |
| − Vacancy | −$8.7k | −$1.06 |
| EGI | $100.6k | $12.14 |
| − OpEx | −$30.2k | −$3.64 |
| NOI | $70.4k | $8.50 |
