Flex Space with Warehouse
1408 Towson Avenue Fort Smith, AR 72901
1408 Towson Avenue, Fort Smith, AR, 72901
$375,000
For Sale
$375,000
7,520 SF flex space featuring office and warehouse areas.
Property Size7,520 SF
Price / SF$49.87
Days on Market234
Property Features for 1408 Towson Avenue
General Information
- Standard status
- Active
- Size
- 7,520 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1994
Listing Agency
Colliers International - Branch Office
(501) 804-2514
Listed by
John Rowland · License #SA00076429
(501) 804-2514
Source
Exitrealty
Added: Nov 26, 2025 Checked: Jul 17 at 5:41 am
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 Colliers International - Branch Office
Investment Insights
Based on property information with market context.
This 7,520 square-foot property includes 2,668 square feet of office space and 4,852 square feet of warehouse space. It features four drive-in roll-up doors. The property is zoned for general commercial use and benefits from an average daily traffic count of 20,000 vehicles.
Key Highlights
- 7,520 SF total space, featuring 2,668 SF of office space and 4,852 SF of warehouse space
- Benefit from 4 drive‑in roll‑up doors
- General Commercial zoning
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 | $45.1k | $6.00 |
| − Vacancy | −$4.7k | −$0.62 |
| EGI | $40.4k | $5.38 |
| − OpEx | −$6.1k | −$0.81 |
| NOI | $34.4k | $4.57 |
7,520 SF · lease $6.00/SF/yr · vacancy 10.40% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$580.7K
$508.1K – $677.5K
NOI $40,649 @ 7.0% cap · market cap 10.84%
Second Best
Warehouse
$490.9K
$429.5K – $572.7K
NOI $34,363 @ 7.0% cap · market cap 9.16%
Theoretical Best
Healthcare Medical
$1.60M
$1.40M – $1.87M
NOI $111,997 @ 7.0% cap · market cap 29.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Window World of the Ozarks
Hardware & Home Improvement
Similar For Sale Nearby
Similar Off Market Nearby
- River Valley Food Truck Associations — 423 Rogers Ave, Fort Smith, AR 72901
- Silver’s NC BBQ — 1121 Garrison Ave, Fort Smith, AR 72901
- Adelaide Hall — 318 Garrison Ave, Fort Smith, AR 72901
FAQs
What type of property is this?
Flex space - 7,520 SF flex space featuring office and warehouse areas.
Where is this flex space located?
The property is located at 1408 Towson Avenue Fort Smith, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 7,520 SF total space, featuring 2,668 SF of office space and 4,852 SF of warehouse space; Benefit from **4 drive‑in roll‑up doors**; General Commercial zoning
