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Office-Warehouse Flex Property
New
For Sale
$450,000

1313 S Jackson ST, Fort Smith, AR 72901

Commercial, Fort Smith, AR

Property Size3,740 SF
Lot Size0.53 Acres
Price / SF$120.32
Days on Market2

Property Features for 1313 S Jackson ST

General Information

Property type Commercial Sale
Property subtype Other
Directions Heading North on Towson Avenue turn right, or east, onto Jackson Street. The building is on the left.
Standard status Active
APN 18835-0016-00000-00
Size 3,740 SF
Lot size 0.53 Acres

Taxes and HOA fees

Tax Description Township Range Section 8-32-28
Tax Annual Amount 1022
Legal Description Township Range Section 8-32-28

Utilities

Cooling system Electric, Ductless

Building Details

Year built 1986
Number of units 1
Flooring type Laminate, Concrete
Roof type Metal
Listing Agency: McGraw REALTORS
Listed By: Hollie Byers
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 12:06AM
MLS# 1092615

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.

This office-warehouse flex property contains 3,740 square feet on 0.533 acres. The renovated office portion has five offices, each with a ceiling-mounted ductless unit, along with a conference room, copy area, break room, kitchen, updated bathroom, and storage rooms. A glass-front lobby opens to the office space, which features recessed lighting and additional side windows. The heated warehouse provides an open work area with concrete flooring, automatic overhead doors, a utility sink, and more storage.

The site includes a large parking area, fencing along the side and rear, and a freestanding roadside sign. Built in 1986, the building has a metal roof.

Key Highlights

  • 3,740 square feet on a 0.533‑acre site
  • Five offices, each with a separate ceiling‑mounted mini‑split cassette unit
  • Heated warehouse with concrete floors and automatic overhead doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,607
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,140 $632.1K
Cap Rate 7%
$451,529 $451.5K
Cap Rate 9%
$351,189 $351.2K
Market Conditions
NOI Build-Up for 3,740 SF
Gross rent
$53.9K $14.40/SF
− Vacancy
−$3.3K −$0.88/SF
EGI
$50.6K $13.52/SF
− OpEx
−$19.0K −$5.07/SF
NOI
$31.6K $8.45/SF
Area
Sebastian County, AR
Vacancy
6.10%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,140
Cap Rate 7%
$451,529
Cap Rate 9%
$351,189

Alternative Uses

Best Use
Mixed Use
$451.5K
$395.1K – $526.8K (±1% cap)
NOI $31,607 @ 7.0% cap · market cap 7.02%
Second Best
Flex RnD
$288.8K
$252.7K – $336.9K (±1% cap)
NOI $20,216 @ 7.0% cap · market cap 4.49%
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

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Five private offices accompany a heated warehouse, with meeting, break, kitchen, and storage areas on site.
Where is this flex space located?
The property is located at 1313 S Jackson ST 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 feet on a 0.533‑acre site; Five offices, each with a separate ceiling‑mounted mini‑split cassette unit; Heated warehouse with concrete floors and automatic overhead doors
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