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    For Sale (11)

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    Highway Frontage Commercial Building
    Contact for pricing
    1,200 SF

    Highway Frontage Commercial Building

    Commercial building on 0.39 acres with highway frontage.

    1212 N Kentucky Ave, Panama, OK 74951
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    Fort Smith Duplex For Sale
    Contact for pricing
    1,423 SF

    Fort Smith Duplex For Sale

    Duplex near UAFS, leased, new roof, great investment opportunity.

    2905 Alabama Ave, Fort Smith, AR 72901
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    Modern Multifamily Complex in Fort Smith
    Contact for pricing
    9,864 SF

    Modern Multifamily Complex in Fort Smith

    Class A, 12-unit apartment complex in growing Chaffee Crossing.

    9001 R.a. Young Jr Dr, Fort Smith, AR 72916
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    Versatile Commercial Building with Land
    Contact for pricing
    5,734 SF

    Versatile Commercial Building with Land

    Three-unit commercial building with showroom, warehouse, and office space.

    207 Martin Ave, Mena, AR 71953
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    Commercial Building in Fort Smith
    Contact for pricing
    0.27 Acres

    Commercial Building in Fort Smith

    Income-producing commercial building ideal for automotive or shop use.

    2001 N 6Th St, Fort Smith, AR 72904
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    Fort Smith Commercial Building Auction
    Contact for pricing
    5,091 SF

    Fort Smith Commercial Building Auction

    Income-producing commercial building and development-ready properties for sale at auction.

    2011 N 6Th St, Fort Smith, AR 72904
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    Development-Ready Vacant Double Lot
    Contact for pricing
    0.31 Acres

    Development-Ready Vacant Double Lot

    Vacant double lot ideal for residential or investment build.

    1919 N 7Th St, Fort Smith, AR 72904
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    Development-Ready Land in Fort Smith
    Contact for pricing
    0.30 Acres

    Development-Ready Land in Fort Smith

    Vacant lot available in Fort Smith, AR.

    2101 N 6Th St, Fort Smith, AR 72904
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    Barling Office/Retail Building at Auction
    Contact for pricing
    2,160 SF

    Barling Office/Retail Building at Auction

    Like-new 2,160 sq ft office/retail building in Chaffee Crossing.

    9111 R.a. Young Jr Dr, Barling, AR 72923
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    Historic Garrison Avenue Commercial Building
    Contact for pricing
    5,664 SF

    Historic Garrison Avenue Commercial Building

    Versatile commercial building with event space and living quarters.

    311 Garrison Ave, Fort Smith, AR 72901
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    Industrial Lot with Metal Building
    Contact for pricing
    0.48 Acres

    Industrial Lot with Metal Building

    Corner lot with metal building, zoned for industrial use.

    1000 N 4Th St, Fort Smith, AR 72901
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    Looper Auction & Realty
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Looper Auction & Realty
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