Ellis St, Fort Smith, AR
7,200 SF shop building with covered canopy on 2.23 acres.
- Added:
- Apr 25, 2024
- Days on Market:
- 803
- Last Refresh:
- May 20 at 8:08 pm
Property Features for Ellis St
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 2.33 Acres
- Property subtype
- INDUSTRIAL
Listing office Seiter & Wright Commercial Properties (479) 785-4343
Listing date Apr 25, 2024
Source Moodyscre
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
HighLights
- 7,200 sq ft shop building on 2.23 acres
- Located in historic Fort Chaffee
- PZD (Planned Zoning District) land
- 5,200 sq ft covered canopy for parking/storage
- Ample shop/storage space
- Ready for users needing moderate shop space
Overview
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 | $43.2k | $6.00 |
| − Vacancy | −$4.5k | −$0.62 |
| EGI | $38.7k | $5.38 |
| − OpEx | −$5.8k | −$0.81 |
| NOI | $32.9k | $4.57 |
Alternative Uses
Current Use by Public Records
Map
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.4
- Latitude
- 35.33
