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Industrial Warehouse with Adjacent Land
For Sale
$375,000

595 Prairie Mine Road, Mulberry, FL 33860

Industrial warehouse totals 2,800 sq. ft. on a 0.26-acre lot, with additional adjacent land available for sale.

Property Size2,800 SF
Lot Size0.26 Acres
Price / SF$133.93
Days on Market38

Property Features for 595 Prairie Mine Road

General Information

Standard status Active
Size 2,800 SF
Lot size 0.26 Acres
Property subtype Industrial
Listing Agency: Steinbauer Associates
Listed By: Kyle Vreeland · License #BK3233818
Source: Steinbauer
Added: Jun 25 Changed: Jul 22 Last Checked: Aug 1 at 5:44AM

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 Steinbauer Associates

Investment Insights

Based on property information with market context.

This industrial warehouse property includes a 2,800 sq. ft. manufacturing/industrial warehouse on a 0.26-acre lot. The offering also provides the opportunity to purchase additional adjacent land, with up to 0.864 acres available.

The property is zoned for industrial use. Additional adjacent properties are also listed for sale, totaling 11,300 sq. ft. on 2.52 acres, offering flexibility depending on how much land is needed.

Key Highlights

  • 2,800 SF industrial warehouse for manufacturing on a 0.26‑acre lot
  • Zoned for industrial use
  • Additional adjacent land available for sale: up to 0.864 acres

Financial Insights For Warehouse

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 $23.8k $8.50
− Vacancy −$1.9k −$0.66
EGI $21.9k $7.84
− OpEx −$3.3k −$1.18
NOI $18.7k $6.66
2,800 SF · lease $8.50/SF/yr · vacancy 7.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$266.5K
$233.2K – $310.9K (±1% cap)
NOI $18,652 @ 7.0% cap · market cap 4.97%
Second Best
Industrial
$190.8K
$167.0K – $222.6K (±1% cap)
NOI $13,357 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$672.9K
$588.8K – $785.0K (±1% cap)
NOI $47,100 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Dental Office Nail Salon Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

Demographics for 33860, FL

24,932
Population
9,649
Households
2.6
Avg Household Size
36
Median Age
15%
College-Educated
83%
High-School Grad
98.4 sq mi
ZIP Area
253
Density / Sq Mi
$62,779
Median Household Income
$37,688
Median Earnings
$1,150
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Industrial warehouse totals 2,800 sq. ft. on a 0.26-acre lot, with additional adjacent land available for sale.
Where is this manufacturing property located?
The property is located at 595 Prairie Mine Road Mulberry, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,800 SF industrial warehouse for manufacturing on a 0.26‑acre lot; Zoned for industrial use; Additional adjacent land available for sale: up to 0.864 acres
More about this property
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