Mini Storage
For Sale
Contact for pricing
5608 S Zero St, Fort Smith, AR 72916
5,700 SF mini storage on 1.14 acres near Interstate 540 on-ramps and established area businesses.
Property Size5,700 SF
Price / SF$84.21
Days on Market535
Property Features for 5608 S Zero St
General Information
Standard status
Active
Size
5,700 SF
Property subtype
INDUSTRIAL
Listing Agency:
Seiter & Wright Commercial Properties
Listed By:
Jerry Seiter · License #PB00062856,OK156921
(479) 785-4343
Source:
Moodyscre
Added: Apr 3, 2025
Changed: Sep 13
Last Checked: Sep 18 at 11:27AM
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 mini storage facility offers 1.14 acres with 5,700 square feet of mini storage space at 5608 S Zero St, Fort Smith, AR 72916.
The property is located about one mile from two Interstate 540 on-ramps, supporting straightforward access for customers. The surrounding area includes established businesses such as Doug’s Convenient Store, Bost, Nabholz, Western River Valley Board of Realtors, Weather Barr Windows, Rheem Manufacturing, and Burton Pools and Spas, among many others.
Overall, the site is configured as a dedicated mini storage asset sized for compact storage needs with convenient highway access for ongoing tenant traffic.
The property is located about one mile from two Interstate 540 on-ramps, supporting straightforward access for customers. The surrounding area includes established businesses such as Doug’s Convenient Store, Bost, Nabholz, Western River Valley Board of Realtors, Weather Barr Windows, Rheem Manufacturing, and Burton Pools and Spas, among many others.
Overall, the site is configured as a dedicated mini storage asset sized for compact storage needs with convenient highway access for ongoing tenant traffic.
Key Highlights
- 1.14‑acre site with 5,700 SF of mini storage
- Dedicated mini storage facility at 5608 S Zero St, Fort Smith, AR
- About one mile from two Interstate 540 on‑ramps
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,050
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$881,000
$881.0K
Cap Rate 7%
$629,286
$629.3K
Cap Rate 9%
$489,444
$489.4K
Market Conditions
NOI Build-Up for 5,700 SF
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.
Gross rent
$68.4K $12.00/SF
− Vacancy
−$5.5K −$0.96/SF
EGI
$62.9K $11.04/SF
− OpEx
−$18.9K −$3.31/SF
NOI
$44.0K $7.73/SF
Area
Sebastian County, AR
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$881,000
Cap Rate 7%
$629,286
Cap Rate 9%
$489,444
Alternative Uses
Best Use
Self Storage
$629.3K
$550.6K – $734.2K
NOI $44,050 @ 7.0% cap · market cap 9.18%
Second Best
Warehouse
$372.1K
$325.6K – $434.1K
NOI $26,047 @ 7.0% cap · market cap 5.43%
Theoretical Best
Healthcare Medical
$1.21M
$1.06M – $1.41M
NOI $84,891 @ 7.0% cap · market cap 17.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 72916, AR
10,250
Population
4,720
Households
2.2
Avg Household Size
41
Median Age
45%
College-Educated
92%
High-School Grad
37.7 sq mi
ZIP Area
272
Density / Sq Mi
$88,125
Median Household Income
$51,444
Median Earnings
$1,212
Median Rent
$257,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Self storage facility - 5,700 SF mini storage on 1.14 acres near Interstate 540 on-ramps and established area businesses.
Where is this self storage facility located?
The property is located at 5608 S Zero St Fort Smith, AR.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 1.14‑acre site with 5,700 SF of mini storage; Dedicated mini storage facility at 5608 S Zero St, Fort Smith, AR; About one mile from two Interstate 540 on‑ramps
