Warehouse Office Flex
607 Prairie Mine Rd Mulberry, FL 33860
For Sale
Contact for pricing
Turnkey warehouse production space with ready office areas for manufacturing operations.
Property Size4,080 SF
Price / SF$104.17
Days on Market9
Property Features for 607 Prairie Mine Rd
General Information
Standard status
Active
Size
4,080 SF
Property subtype
INDUSTRIAL
Listing Agency:
Steinbauer Associates
(863) 647-1661
Listed By:
Jim Steinbauer · License #BK3233818
(863) 647-1661
Source:
Moodyscre
Added: Jul 21
Changed: Jul 28
Last Checked: Jul 28 at 10:04PM
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 warehouse/office flex facility offers approximately 4,080+/- square feet designed to support a turnkey manufacturing operation. The layout includes dedicated office space along with a warehouse production area suited for in-house manufacturing workflows.
The property is offered for sale and is described as warehouse/office ready for immediate operational use, with office and production areas built into the same facility.
For buyers seeking a single-site setup that combines administrative space with a production-oriented warehouse, this configuration provides both office and manufacturing space within the overall footprint.
The property is offered for sale and is described as warehouse/office ready for immediate operational use, with office and production areas built into the same facility.
For buyers seeking a single-site setup that combines administrative space with a production-oriented warehouse, this configuration provides both office and manufacturing space within the overall footprint.
Key Highlights
- 4,080+/- SF warehouse/office space ready for a manufacturing operation
- Includes office space along with warehouse production area
- Set up for a turnkey manufacturing operation with ready production and office areas
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 | $34.7k | $8.50 |
| − Vacancy | −$2.7k | −$0.66 |
| EGI | $32.0k | $7.84 |
| − OpEx | −$4.8k | −$1.18 |
| NOI | $27.2k | $6.66 |
4,080 SF · lease $8.50/SF/yr · vacancy 7.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$388.3K
$339.7K – $453.0K
NOI $27,179 @ 7.0% cap · market cap 6.40%
Second Best
Flex RnD
$313.7K
$274.5K – $366.0K
NOI $21,959 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$980.5K
$857.9K – $1.14M
NOI $68,632 @ 7.0% cap · market cap 16.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Turnkey warehouse production space with ready office areas for manufacturing operations.
Where is this flex space located?
The property is located at 607 Prairie Mine Rd Mulberry, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 4,080+/- SF warehouse/office space ready for a manufacturing operation; Includes office space along with warehouse production area; Set up for a turnkey manufacturing operation with ready production and office areas
