9721 Prairie Avenue Highland, IN 46322
SINGLE_FAMILY - Highland, IN
- Added:
- Jul 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 12 at 2:06 pm
Property Features for 9721 Prairie Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking
- 10
- Standard status
- Active
- APN
- 450732226003000026
- Size
- 1,370 SF
- Lot size
- 0.88 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- HIGHLAND PROFESSIONAL CENTER UNIT #C
- Tax Annual Amount
- 2668
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1988
Listing agent Jeff McCormick License #RB14033291 (219) 613-5643
Listing office McCormick Real Estate, Inc. 756 N. Madison St, Crown Point, IN (219) 663-9300
Listing date Jul 10, 2026
Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 9721 Prairie Avenue in Highland, Indiana. It includes ample on-site parking for staff and visitors and is positioned just minutes from Indianapolis Boulevard and major Highland retail corridors, with access to nearby restaurants, shopping, and key transportation routes.
With its mix of private offices and reception space, the suite is designed for businesses seeking a clean, move-in-ready office layout within a central commercial setting.
Key Highlights
- Commercial office suite on Prairie Avenue in Highland with large windows for natural light
- Flexible layout with multiple private offices and a welcoming reception area
- Utilities include cable available; water source is public and sewer is public sewer
Local Financial Insights For Office B
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 | $19.7k | $14.40 |
| − Vacancy | −$3.2k | −$2.30 |
| EGI | $16.6k | $12.10 |
| − OpEx | −$4.1k | −$3.02 |
| NOI | $12.4k | $9.07 |
