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Flex Space with Shop and Offices

2900 N O ST Fort Smith, AR 72901

2900 N O ST, Fort Smith, AR, 72901
$118,000
For Sale
$118,000

COMMERCIAL - Fort Smith, AR

Property Size1,500 SF
Lot Size0.34 Acres
Price / SF$78.67
Days on Market110

Property Features for 2900 N O ST

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
18112-0025-00001-00
Size
1,500 SF
Lot size
0.34 Acres

Taxes and HOA fees

Tax Description
W PT LOT 21 & ALL OF LOTS 22-23-24-25
Tax Annual Amount
976

Building Details

Flooring type
Tile - Ceramic
Listing Agency The Heritage Group Real Estate - Barling
2205 Loretta Parker Lane, Alma, AR
Listed by Alyssia Beneux · License #SA00089966
Added: Mar 31 Checked: Jul 18 at 12:06 am
MLS# 1088040

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.

This flex-style property combines an office area with shop/warehouse space designed for light commercial operations. The office portion includes two offices accessible from a front entrance. Behind the offices, the shop/warehouse area is approximately 33 by 29, currently used for a water purification business and previously a tire shop. Operational access is supported by sliding double doors on three sides, along with covered docks. The rear dock area is fenced and measures approximately 14.5 by 40.

The building sits on approximately 0.34 acres and provides parking on both sides of the structure. It is located in Fort Smith, Sebastian County, and is described as convenient for servicing Sebastian, Crawford, and surrounding counties.

For tenants or buyers seeking a combined office-and-warehouse setup, the current layout can support customer-facing space at the front while keeping warehousing and service functions to the rear. Multiple door locations and the presence of covered docks may help streamline receiving and day-to-day operations, while the fenced rear dock can support controlled staging for the business workflow.

Key Highlights

  • Combination of office and warehouse/shop space (1500 sq ft office + 33x29 shop/warehouse)
  • Convenient location for servicing Sebastian, Crawford, and surrounding counties
  • Sliding double doors on three sides of the warehouse

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 $13.5k $9.00
− Vacancy −$1.0k −$0.68
EGI $12.5k $8.32
− OpEx −$4.4k −$2.91
NOI $8.1k $5.41
1,500 SF · lease $9.00/SF/yr · vacancy 7.60% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$115.8K
$101.4K – $135.1K (±1% cap)
NOI $8,108 @ 7.0% cap · market cap 6.87%
Second Best
Warehouse
$97.9K
$85.7K – $114.2K (±1% cap)
NOI $6,854 @ 7.0% cap · market cap 5.81%
Theoretical Best
Healthcare Medical
$319.1K
$279.3K – $372.3K (±1% cap)
NOI $22,340 @ 7.0% cap · market cap 18.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Solair Water Filters Plumbing Service

Suggested Use

Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Gym & Fitness Center Electrical Service Skin Care Clinic Pharmacy Storage Facility

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

FAQs

What type of property is this?
Flex space - Office space with a shop/warehouse component, including multiple sliding doors and covered docks, supported by on-site parking.
Where is this flex space located?
The property is located at 2900 N O ST Fort Smith, AR.
What is the asking price?
The asking price for this property is $118,000.
What are key features of this property?
This property features: Combination of office and warehouse/shop space (1500 sq ft office + 33x29 shop/warehouse); Convenient location for servicing Sebastian, Crawford, and surrounding counties; Sliding double doors on three sides of the warehouse
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