1824 W 64 HWY, Mulberry, AR 72947
COMMERCIAL - Mulberry, AR
- Added:
- Oct 21, 2025
- Days on Market:
- 259
- Last Refresh:
- Jul 6 at 5:06 am
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
Listing agent Dianne Schneider License #EB00050690 (479) 632-4040
Listing office Pat Satterfield Realtors 536 Hwy 71 N Suite A, Alma, AR (479) 632-4040
Listing date Oct 21, 2025
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
- Building built in 1994 with metal roof
- Central electric heating and central air cooling
- Concrete flooring throughout
- Previously used as a day care with multiple rooms, a kitchen area with appliances, and an office
- Includes 3 restrooms
- Fenced play area and additional space on the property for a home or extra building/parking
Overview
The property is located in Mulberry, Arkansas at 1824 W 64 Hwy, within a 1.68-acre lot. In addition to the building footprint, there is space on the property for a home, room for additional space, or potential development of another structure and/or parking.
With its existing room layout, office space, and multiple restrooms, the building could be a practical fit for office-oriented tenants or retail users looking for turn-key interior configuration rather than starting from scratch. The combination of interior rooms and the enclosed outdoor area may also appeal to operators who value separation of functional spaces while keeping day-to-day operations organized.
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 |
Alternative Uses
Current Use by Public Records
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
