Auto Body Shop with Paint
1304 S Independence ST, Fort Smith, AR 72901
For Sale
New
$900,000
Commercial, Fort Smith, AR
Property Size9,439 SF
Lot Size0.70 Acres
Price / SF$95.35
Days on Market3
Property Features for 1304 S Independence ST
General Information
Property type
Property subtype
Directions
Standard status
APN
Size
Lot size
Additional Details
Real Estate Included
Automotive Uses
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Amenities
modern storefront
LED exterior lighting
wood accents
stylish furniture
new interior lighting
perimeter lighting
new windows
insulation
overhead garage doors
barn door
paint booth
crane
Big Ass Fan
air compressor
air lines
heating system
new plumbing
hot water tank
parts cage
security system
updated permits
Fireman's Box
privacy fence
barbed-wire fencing
Building Details
Year built
Flooring type
Roof type
Buildings
Listing Agency:
Keller Williams Platinum Realty · Keller Williams Realty
Listed By:
Cheryl Garner · License #SA00083287
(479) 434-3000
Added: Nov 4
Last Checked: Nov 6 at 6:06PM
MLS# 1092913
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.
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Investment Insights
Based on property information with market context.
Configured for automotive repair and refinishing, the facility includes approximately 1,036 square feet of office space and a customer reception area. The shop has ceiling heights of about 22 feet at the center and 12 feet at the sides, with three insulated overhead doors measuring 10, 12, and 16 feet, plus a 10-foot barn door. A 15-by-30-foot Global paint booth has fire suppression. Other shop equipment includes a 1.5-ton crane, 7.5 HP air compressor, air lines serving approximately 80% of the building, two gas heaters, and a 16-foot fan. Heating capacity is 500,000 BTU.
Improvements include new interior and perimeter lighting, windows, insulation, plumbing, and a hot water tank with bubbler. The metal roof remains in place. The property also has vinyl and concrete flooring, central heating and cooling, a parts cage, and an ARLO security system. A privacy fence fronts the property, with barbed-wire fencing along three sides. Equipment and reception furniture are included in the sale.
Improvements include new interior and perimeter lighting, windows, insulation, plumbing, and a hot water tank with bubbler. The metal roof remains in place. The property also has vinyl and concrete flooring, central heating and cooling, a parts cage, and an ARLO security system. A privacy fence fronts the property, with barbed-wire fencing along three sides. Equipment and reception furniture are included in the sale.
Key Highlights
- 15' x 30' Global paint booth with fire suppression
- Three insulated overhead doors: 10', 12', and 16'; plus a 10' barn door
- Approximately 1,036+/- SF of office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,055
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,481,100
$1.5M
Cap Rate 7%
$1,057,929
$1.1M
Cap Rate 9%
$822,833
$822.8K
Market Conditions
NOI Build-Up for 9,439 SF
Gross rent
$113.3K $12.00/SF
− Vacancy
−$7.5K −$0.79/SF
EGI
$105.8K $11.21/SF
− OpEx
−$31.7K −$3.36/SF
NOI
$74.1K $7.85/SF
Area
Sebastian County, AR
Vacancy
6.60%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,481,100
Cap Rate 7%
$1,057,929
Cap Rate 9%
$822,833
Alternative Uses
Best Use
Retail
$1.06M
$925.7K – $1.23M
NOI $74,055 @ 7.0% cap · market cap 8.23%
Second Best
Industrial
$507.4K
$444.0K – $592.0K
NOI $35,521 @ 7.0% cap · market cap 3.95%
Theoretical Best
Healthcare Medical
$2.01M
$1.76M – $2.34M
NOI $140,577 @ 7.0% cap · market cap 15.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
29k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Dining 37%
Apparel 22%
Home Improvements & Furnishings 1%
SONIC Drive In
Dining
10,883 visits/mo
0.1 miles
Goodwill
Apparel
6,426 visits/mo
0.5 miles
Dollar General
Shops & Services
5,926 visits/mo
0.3 miles
AutoZone
Shops & Services
2,017 visits/mo
0.0 miles
Meineke Car Care Center
Shops & Services
1,641 visits/mo
0.5 miles
Demographics for 72901, AR
20,973
Population
10,337
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
8.7 sq mi
ZIP Area
2,411
Density / Sq Mi
$42,568
Median Household Income
$30,582
Median Earnings
$837
Median Rent
$113,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Johnny's Transmission Service — 1212 Phoenix Ave, Fort Smith, AR 72901
- Fliteline Engine Supply — 1412 Phoenix Ave, Fort Smith, AR 72901
- Michelin — 810 phoenix ave, fort smith, ar 72901
- Meineke Car Care Center — 4515 Towson Ave, Fort Smith, AR 72901
- Rath Auto Resources — 4515 Towson Ave, Fort Smith, AR 72901
Frequently Asked Questions
What type of property is this?
Auto shop - Installed bodywork equipment, office space, and a customer reception area support automotive operations.
Where is this auto shop located?
The property is located at 1304 S Independence ST Fort Smith, AR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 15' x 30' Global paint booth with fire suppression; Three insulated overhead doors: 10', 12', and 16'; plus a 10' barn door; Approximately 1,036+/- SF of office space
