Industrial Facility on 9.75
5500 Wheeler Ave Fort Smith, AR
5500 Wheeler Ave, Fort Smith, AR, 00000
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For Sale
Contact for pricing
Industrial facility with warehouse, office, retail, and shop space.
Property Size47,200 SF
Lot Size9.75 Acres
Price / SF$68.86
Days on Market498
Property Features for 5500 Wheeler Ave
General Information
- Standard status
- Active
- Size
- 47,200 SF
- Lot size
- 9.75 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Seiter & Wright Commercial Properties
(479) 785-4343
Listed by
Jerry Seiter · License #AB00084436
(479) 785-4343
Source
Moodyscre
Added: Mar 11, 2025 Updated: Jul 6 at 9:48 am Checked: Jul 20 at 2:57 am
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 Seiter & Wright Commercial Properties
Investment Insights
Based on property information with market context.
This industrial facility offers a main building with 42,400 square feet, including 34,480 square feet of warehouse space, 5,940 square feet of office space, and a 1,980-square-foot retail showroom. The warehouse features a clear height of 15.5 feet, nine dock doors, and one drive-in door with a drive-up ramp. Updated lighting is installed throughout the building. An additional 4,800-square-foot building provides shop space with four drive-thru doors. The property spans 9.75 acres and presents the possibility of installing a rail spur on the west side. The property is located on Wheeler Ave (Hwy 255), Fort Smith's main trucking thoroughfare. Nearby businesses include ABB electric motors, A&D Supply Company, Arkansas Trailer, Titanium Transportation, Myers Mower & Tiller, Ashland Performance Materials, and ABC Printing & Signs.
Key Highlights
- Large 9.75‑acre property offers ample land opportunity.
- Main building features 42,400 SF, including a 34,480 SF warehouse, 5,940 SF of office space, and a 1,980 SF retail showroom.
- Excellent logistics with 9 dock doors and 1 drive‑in door with a ramp.
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 | $283.2k | $6.00 |
| − Vacancy | −$29.5k | −$0.62 |
| EGI | $253.7k | $5.38 |
| − OpEx | −$38.1k | −$0.81 |
| NOI | $215.7k | $4.57 |
47,200 SF · lease $6.00/SF/yr · vacancy 10.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.08M
$2.70M – $3.59M
NOI $215,685 @ 7.0% cap · market cap 6.64%
Second Best
Industrial
$2.54M
$2.22M – $2.96M
NOI $177,623 @ 7.0% cap · market cap 5.47%
Theoretical Best
Healthcare Medical
$10.04M
$8.79M – $11.72M
NOI $702,959 @ 7.0% cap · market cap 21.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Elliott Electric Supply
Building Supply
Similar For Sale Nearby
Similar Off Market Nearby
- Poultry Direct Cold Storage — 4435 S 16th St, Fort Smith, AR 72901
- Colonial Storage Center — 5808 US-271, Fort Smith, AR 72908
- U-Store-It — 5808 US-271, Fort Smith, AR 72908
- Wheeler Ave Car Wash & Self Storage — 5520 Wheeler Ave, Fort Smith, AR 72901
FAQs
What type of property is this?
Warehouse - Industrial facility with warehouse, office, retail, and shop space.
Where is this warehouse located?
The property is located at 5500 Wheeler Ave Fort Smith, AR.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Large 9.75‑acre property offers ample land opportunity.; Main building features 42,400 SF, including a 34,480 SF warehouse, 5,940 SF of office space, and a 1,980 SF retail showroom.; Excellent logistics with 9 dock doors and 1 drive‑in door with a ramp.
