Building Details

Construction brick and metal siding

Listing Agency: McGraw REALTORS Show Phone

Listed By: Hollie Byers · License #145821 Show Phone

Source: Assurancerealtyfsm

Added: Oct 30 Last Checked: Nov 1 at 5:02AM

Report an Issue

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 McGraw REALTORS

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 3,740-square-foot flex property combines a renovated office suite with a heated warehouse. The office layout includes five offices, a conference room, copy area, break room, kitchen, bathroom, and storage rooms. Each office has a ceiling-mounted mini-split cassette unit. A glass-front lobby, updated finishes, recessed lighting, and added side windows complete the office area. The warehouse offers an open work area, concrete floors, automatic overhead doors, a utility sink, and additional storage.

The property occupies 0.533 acres and includes a large parking area, side and rear fencing, and a freestanding roadside sign. Its exterior features brick, metal siding, wood-accented columns, and a covered entrance.

Key Highlights

• 3,740‑square‑foot flex property on 0.533 acres
• Five offices, each with a separate new ceiling‑mounted mini‑split cassette unit
• Heated warehouse with concrete floors and automatic overhead doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,216

Cap Rate

4.49%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$404,320 $404.3K

Cap Rate 7%

$288,800 $288.8K

Cap Rate 9%

$224,622 $224.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,740 SF

Gross rent

$33.7K $9.00/SF

− Vacancy

−$2.6K −$0.68/SF

EGI

$31.1K $8.32/SF

− OpEx

−$10.9K −$2.91/SF

NOI

$20.2K $5.41/SF

Area

Sebastian County, AR

Vacancy

7.60%

Lease Rate

$9.00 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$404,320

Cap Rate 7%

$288,800

Cap Rate 9%

$224,622

Alternative Uses

Best Use

Flex RnD

$288.8K

$252.7K – $336.9K (±1% cap)

NOI $20,216 @ 7.0% cap · market cap 4.49%

Second Best

Warehouse

$244.1K

$213.6K – $284.8K (±1% cap)

NOI $17,090 @ 7.0% cap · market cap 3.80%

Theoretical Best

Healthcare Medical

$795.7K

$696.3K – $928.4K (±1% cap)

NOI $55,701 @ 7.0% cap · market cap 12.38%

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

Fout Air Conditioning ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Pharmacy Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

Location Intelligence

Trade Area within ½ mile

524

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Similar For Sale Nearby

See more

Flex Building with Overhead Doors

1315 S 11th St, Fort Smith, AR 72901

$299,000

3,500 SF

View details

Warehouse Building

3505 Johnson Street, Fort Smith, AR 72904

$479,000

5,088 SF

View details

Flex Space with Drive-Through

7423 Highway 271 lot: 2, Fort Smith, AR 72908

$274,900

0.46 Acres

View details

Flex Space with Overhead Doors

6320 S Highway 271, Fort Smith, AR 72908

$595,000

2,827 SF

View details

Warehouse with Multiple Bay Access

1107 S P Street, Fort Smith, AR 72901

$400,000

6,300 SF

View details

Flex Space with Showroom

4719 Towson AVE, Fort Smith, AR 72901

$625,000

6,000 SF

View details

Industrial Flex Building with Roll-Up Doors

1408 Towson Ave, Fort Smith, AR 72901

$375,000

7,520 SF

View details

Flex Space with Mezzanine

4600 Unit 1 Regions Park Drive, Fort Smith, AR 72916

Contact for pricing

3,325 SF

View details

Fenced Self-Storage Facility

5807 Remington Cir, Fort Smith, AR 72903

Contact for pricing

4,000 SF

View details

Standalone Warehouse with Overhead Doors

6812 Phoenix Avenue, Fort Smith, AR 72903

Contact for pricing

3,040 SF

View details

Flex Building with Warehouse Space

918 Wheeler Avenue, Fort Smith, AR 72901

Contact for pricing

4,980 SF

View details

Flex Property with Fenced Yard

4011 Towson AVE, Fort Smith, AR 72901

$900,000

8,800 SF

View details

Frequently Asked Questions

What type of property is this?

Flex space - Renovated offices pair with warehouse workspace, storage, and on-site parking.

Where is this flex space located?

The property is located at 1313 S Jackson Street Fort Smith, AR.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: 3,740‑square‑foot flex property on 0.533 acres; Five offices, each with a separate new ceiling‑mounted mini‑split cassette unit; Heated warehouse with concrete floors and automatic overhead doors