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    Updated Commercial Building in Mulberry Title is generated by Realmo AI

    1824 W 64 HWY, Mulberry, AR 72947

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    Claim this Listing
    For Sale
    $200,000

    COMMERCIAL - Mulberry, AR

    Type:Office
    Property size:
    1,500 SF
    Lot size:
    1.68 Acres
    Price / SF:
    $133/SF
    Added:
    Oct 21, 2025
    Days on Market:
    250
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 1824 W 64 HWY

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    760-01167-001-C
    Size
    1,500 SF
    Lot size
    1.68 Acres

    Taxes and HOA fees

    Tax Description
    Part of SE,NE 28-10-29

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    1994
    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Contact an agent
    Dianne Schneider
    Dianne Schneider

    Listing agent Dianne Schneider License #EB00050690

    Listing office Pat Satterfield Realtors 536 Hwy 71 N Suite A, Alma, AR

    Listing date Oct 21, 2025

    MLS# 1084731

    Copyright © 2026 Western River Valley Board 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.

    HighLights

    • Recently updated building, suitable for various office or retail businesses
    • Includes a kitchen area with appliances
    • Features 3 restrooms and an office
    • Fenced play area included
    • Property allows for additional building or parking space
    • Central heating and cooling with electric power

    Overview

    This recently updated 1,500 square-foot building in Mulberry, AR, presents a versatile opportunity for various business ventures. Previously utilized as a day care center, the property features several rooms, a kitchen area equipped with appliances, an office, and three restrooms. A fenced play area is also included. The layout and amenities make it suitable for different types of offices or retail businesses. Situated on a 1.68-acre lot in Crawford County, the property offers room for a home or additional space for another building or parking. The property is located at 1824 W 64 HWY, Mulberry, AR 72947.

    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 $21.6k $14.40
    − Vacancy −$1.5k −$0.98
    EGI $20.1k $13.42
    − OpEx −$5.0k −$3.36
    NOI $15.1k $10.07
    1,500 SF · lease $14.40/SF/yr · vacancy 6.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $215.7K
    $188.7K – $251.6K (±1% cap)
    NOI $15,098 @ 7.0% cap · market cap 7.55%
    Second Best
    Retail
    $184.9K
    $161.8K – $215.8K (±1% cap)
    NOI $12,945 @ 7.0% cap · market cap 6.47%
    Theoretical Best
    Office A
    $287.6K
    $251.6K – $335.5K (±1% cap)
    NOI $20,131 @ 7.0% cap · market cap 10.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Day care centers

    Similar Places Nearby

    • Mulberry Head Start — 1319 N Main St, Mulberry, AR 72947

    Map

    City
    Mulberry
    County
    Crawford
    State
    Arkansas
    Longitude
    -93.9902
    Latitude
    35.523

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    FAQs

    What type of property is this?
    Day care center - Recently updated commercial building suitable for various business types.
    Where is this day care center located?
    The property is located at 1824 W 64 HWY 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: Recently updated building, suitable for various office or retail businesses; Includes a kitchen area with appliances; Features 3 restrooms and an office
    (479) 632-4040
    We can help!
    Contact an agent
    Dianne Schneider
    Dianne Schneider
    Real Estate License ID: EB00050690
    Learn More
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