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Multi-Use Flex Building with Overhead Doors

1315 S 11th ST Fort Smith, AR 72901

Claim this Listing
For Sale
$299,000

COMMERCIAL - Fort Smith, AR

Property size:
3,500 SF
Lot size:
0.50 Acres
Price / SF:
$85/SF
Added:
Jun 20, 2025
Days on Market:
387
Last Refresh:
Jul 11 at 8:06 pm

Property Features for 1315 S 11th ST

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
17954-0010-00002-00
Size
3,500 SF
Lot size
0.50 Acres

Taxes and HOA fees

Tax Description
LOTS 7-10 BLK 2
Tax Annual Amount
2706

Building Details

Year built
1972

Listing agent Aaron O'Neal License #155637

Listing office O'Neal Real Estate 505 W Fine Blvd, Roland, AR

Listing date Jun 20, 2025

MLS# 1081825

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.


Investment Insights

Based on property information with market context.

The property is a 3,500-square-foot multi-use building designed to combine workspace and warehouse operations. Inside, it includes several office spaces along with multiple bathrooms that feature showers. A loft area provides additional storage. Overhead doors support convenient loading and unloading, making the layout practical for light industrial or service-oriented uses that need both administrative space and direct access.

Located in Fort Smith, Arkansas, the building sits on a 0.5009-acre lot in Sebastian County. The property is offered for sale and includes the improvements and amenities described above, including the office areas, shower-equipped restrooms, and storage loft.

This facility may fit tenants or buyers looking for a single building that can accommodate both day-to-day office functions and controlled access for goods movement. The overhead doors, combined with the available storage loft and multiple bathroom facilities, can be beneficial for uses that require straightforward loading while maintaining dedicated work areas.

Key Highlights

  • 3500 square foot multi‑use building
  • Multiple office spaces available
  • Multiple bathrooms with showers

Local Financial Insights For Flex RnD

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 $31.5k $9.00
− Vacancy −$2.4k −$0.68
EGI $29.1k $8.32
− OpEx −$10.2k −$2.91
NOI $18.9k $5.41
3,500 SF · lease $9.00/SF/yr · vacancy 7.60% · expense 35.00%

Alternative Uses

Best Use
Office B
$499.5K
$437.1K – $582.8K (±1% cap)
NOI $34,965 @ 7.0% cap · market cap 11.69%
Second Best
Flex RnD
$270.3K
$236.5K – $315.3K (±1% cap)
NOI $18,919 @ 7.0% cap · market cap 6.33%
Theoretical Best
Healthcare Medical
$744.7K
$651.6K – $868.8K (±1% cap)
NOI $52,126 @ 7.0% cap · market cap 17.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Khilco Industrial Electric ... Electrical Service

Suggested Use

HVAC Service Dental Office Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Acupuncture Gym & Fitness Center Florist

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • River Valley Food Truck Associations — 423 Rogers Ave, Fort Smith, AR 72901
  • Silver’s NC BBQ — 1121 Garrison Ave, Fort Smith, AR 72901
  • Adelaide Hall — 318 Garrison Ave, Fort Smith, AR 72901

FAQs

What type of property is this?
Flex space - Flex-style building with office spaces, multiple bathrooms with showers, and overhead doors for efficient loading.
Where is this flex space located?
The property is located at 1315 S 11th ST Fort Smith, AR.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 3500 square foot multi‑use building; Multiple office spaces available; Multiple bathrooms with showers
Contact an agent
More about this property
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