Industrial Warehouse with Adjacent
595 Prairie Mine Road Mulberry, FL 33860
595 Prairie Mine Road, Mulberry, FL, 33860
$375,000
For Sale
$375,000
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 Market28
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 Inc
(863) 608-1231
Listed by
Kyle Vreeland · License #BK3233818
Source
Steinbauer
Added: Jun 25 Updated: Jul 22 at 3:42AM Checked: Jul 22 at 3:42AM
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 Inc
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.
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
Local 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
NOI $18,652 @ 7.0% cap · market cap 4.97%
Second Best
Industrial
$190.8K
$167.0K – $222.6K
NOI $13,357 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$672.9K
$588.8K – $785.0K
NOI $47,100 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
FAQs
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
