Food Processing Facility on 13.69
For Sale
Contact for pricing
532 Industrial Park Dr Mulberry, Mulberry, AR 72947
Food processing facility with refrigerated areas, warehouse, and offices.
Property Size58,520 SF
Lot Size13.69 Acres
Price / SF$124.74
Days on Market287
Property Features for 532 Industrial Park Dr Mulberry
General Information
Standard status
Active
Size
58,520 SF
Lot size
13.69 Acres
Property subtype
Industrial
Building Details
Buildings
2
Listing Agency:
Colliers Arkansas Inc
(214) 924-1605
Listed By:
Wade Smith · License #AR SA00080317
Source:
Crexi
Added: Oct 27, 2025
Changed: Aug 8
Last Checked: Aug 8 at 3:22PM
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 Colliers Arkansas Inc
Investment Insights
Based on property information with market context.
This food processing facility is situated on 13.69 acres and comprises two buildings: a main processing plant of 54,373 square feet and a dry goods storage warehouse of 4,147 square feet, totaling 58,520 square feet. Constructed in 2012 and expanded in 2014, the property features a combination of refrigerated and ambient production areas, warehouse space, offices, and mechanical rooms. It is currently utilized for edamame processing. The facility is equipped with multiple temperature-controlled zones to accommodate diverse processing and storage requirements. Loading and distribution are facilitated by five dock-high doors and four drive-in doors.
Key Highlights
- Large Acreage: 13.69 acres provides ample space for operations and potential expansion.
- Dual Buildings: Includes a 54,373 SF main processing plant and a 4,147 SF dry goods storage warehouse.
- Temperature‑Controlled Zones: Multiple zones support diverse processing and storage requirements.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$401,119
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,022,380
$8.0M
Cap Rate 7%
$5,730,271
$5.7M
Cap Rate 9%
$4,456,878
$4.5M
Market Conditions
NOI Build-Up for 58,520 SF
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.
Gross rent
$526.7K $9.00/SF
− Vacancy
−$54.8K −$0.94/SF
EGI
$471.9K $8.06/SF
− OpEx
−$70.8K −$1.21/SF
NOI
$401.1K $6.85/SF
Area
Crawford County, AR
Vacancy
10.40%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,022,380
Cap Rate 7%
$5,730,271
Cap Rate 9%
$4,456,878
Alternative Uses
Best Use
Warehouse
$5.73M
$5.01M – $6.69M
NOI $401,119 @ 7.0% cap · market cap 5.49%
Second Best
Industrial
$4.89M
$4.28M – $5.70M
NOI $342,131 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$11.22M
$9.82M – $13.09M
NOI $785,385 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
Demographics for 72947, AR
3,973
Population
1,870
Households
2.1
Avg Household Size
45
Median Age
15%
College-Educated
83%
High-School Grad
114.1 sq mi
ZIP Area
35
Density / Sq Mi
$55,091
Median Household Income
$36,257
Median Earnings
$667
Median Rent
$151,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Food processing facility with refrigerated areas, warehouse, and offices.
Where is this manufacturing property located?
The property is located at 532 Industrial Park Dr Mulberry Mulberry, AR.
What is the asking price?
The asking price for this property is $7,300,000.
What are key features of this property?
This property features: Large Acreage: 13.69 acres provides ample space for operations and potential expansion.; Dual Buildings: Includes a **54,373 SF main processing plant** and a 4,147 SF dry goods storage warehouse.; Temperature‑Controlled Zones: Multiple zones support diverse processing and storage requirements.
