7423 Highway 271 Fort Smith, AR 72908
COMMERCIAL - Fort Smith, AR
- Added:
- Feb 17, 2026
- Days on Market:
- 144
- Last Refresh:
- Jul 11 at 11:06 am
Property Features for 7423 Highway 271
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 17255-0002-00000-02
- Size
- 4,506 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Description
- PT LT 2
- Tax Annual Amount
- 1267
Utilities
- Cooling system
- Window Unit(s)
Building Details
- Flooring type
- Tile - Ceramic, Concrete
Listing agent The Grinnell Group (479) 434-3000
Listing office Keller Williams Platinum Realty 3300 S 70th St., Fort Smith, AR (479) 434-3000
Listing date Feb 17, 2026
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.
Located at 7423 Highway 271 in Fort Smith, Arkansas, the property offers a straightforward single-building setup for tenants or owner-operators who want both customer-facing space and operational space under one roof. The drive-thru feature can help accommodate walk-up and vehicle-based customers depending on how the front space is used.
For tenants, this layout can fit businesses looking for retail or service frontage combined with in-house warehouse and office space. For buyers, the mixed configuration may support owner-occupancy with the option to run day-to-day operations from the rear while dedicating the front to retail, office, or restaurant use. The fenced side yard adds additional utility for day-to-day handling and access to the warehouse area.
Key Highlights
- 4500 sq ft commercial building with 1500 sq ft front retail/office/restaurant space
- Front space includes a drive‑thru window
- Back includes a warehouse with office space
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 | $27.0k | $6.00 |
| − Vacancy | −$2.8k | −$0.62 |
| EGI | $24.2k | $5.38 |
| − OpEx | −$3.6k | −$0.81 |
| NOI | $20.6k | $4.57 |
