Updated Retail/Office
1824 Mulberry 64 W Highway Mulberry, AR 72947
1824 Mulberry 64 W Highway, Mulberry, AR, 72947
$200,000
For Sale
$200,000
SINGLE_FAMILY - Mulberry, AR
Property Size1,500 SF
Lot Size1.68 Acres
Price / SF$133.33
Days on Market23
Property Features for 1824 Mulberry 64 W Highway
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 760-01167-001-C
- Size
- 1,500 SF
- Lot size
- 1.68 Acres
Taxes and HOA fees
- Tax Description
- Pt. SE, NE
- Tax Annual Amount
- 1165
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1980
- Flooring type
- Concrete
- Building materials
- MetalSiding
- Roof type
- Metal
Listing agency
Pat Satterfield REALTORS
(479) 632-4040
Listed by
Dianne Schneider · License #EB00050690
(479) 461-6455
Added: Jul 1 Updated: Jul 11 at 6:34AM Checked: Jul 23 at 7:06AM
MLS# 1354258
Copyright © 2026 ArkansasONE MLS. 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.
This recently updated building was most recently used as a day care business and includes several interior rooms, a kitchen area with appliances, an office, and three restrooms. The property also has a fenced play area, supporting a versatile layout for office or retail use.
The site is located at 1824 Mulberry 64 W Highway in Mulberry, AR, and is offered with approximately 1.68 acres of land and about 1,500 square feet of building area. Public remarks indicate there is room for another building or additional parking on the site.
With its current configuration of rooms, kitchen space, administrative office, and multiple restrooms, the building can accommodate a range of office or retail operations depending on the tenant’s buildout needs.
The site is located at 1824 Mulberry 64 W Highway in Mulberry, AR, and is offered with approximately 1.68 acres of land and about 1,500 square feet of building area. Public remarks indicate there is room for another building or additional parking on the site.
With its current configuration of rooms, kitchen space, administrative office, and multiple restrooms, the building can accommodate a range of office or retail operations depending on the tenant’s buildout needs.
Key Highlights
- Metal siding exterior and metal roof
- Concrete flooring throughout
- Central and electric heating
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 | $19.8k | $13.20 |
| − Vacancy | −$1.3k | −$0.87 |
| EGI | $18.5k | $12.33 |
| − OpEx | −$5.5k | −$3.70 |
| NOI | $12.9k | $8.63 |
1,500 SF · lease $13.20/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$184.9K
$161.8K – $215.8K
NOI $12,945 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$287.6K
$251.6K – $335.5K
NOI $20,131 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Day care centers
Similar For Sale Nearby
Similar Off Market Nearby
- BeeReady Childcare — 1824 US-64, Mulberry, AR 72947
FAQs
What type of property is this?
Day care center - Recently updated building with multiple rooms, kitchen area, office, three restrooms, and a fenced play area.
Where is this day care center located?
The property is located at 1824 Mulberry 64 W Highway Mulberry, AR.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Metal siding exterior and metal roof; Concrete flooring throughout; Central and electric heating
