Industrial Flex Building with Roll-Up
For Sale
$375,000
1408 Towson Ave, Fort Smith, AR 72901
Flex building with 2,668 SF office and 4 drive-in roll-up doors serving warehouse space.
Property Size7,520 SF
Price / SF$49.87
Days on Market85
Property Features for 1408 Towson Ave
General Information
Standard status
Active
Size
7,520 SF
Zoning
General Commercial
Additional Details
Traffic Count
20,000 vehicles/day
Drive-In Doors
4
Building Details
Year Built
1994
Listing Agency:
Colliers International - Branch Office
Listed By:
John Rowland · License #SA00076429
(479) 636-9000
Source:
Thebesthomeprice
Added: Jul 24
Changed: Oct 13
Last Checked: Oct 7 at 5:23PM
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
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Investment Insights
Based on property information with market context.
This industrial flex property totals 7,520 SF, configured with 2,668 SF of office space and 4,852 SF of warehouse area. The building features four drive-in roll-up doors, supporting convenient loading and day-to-day operations.
Located at 1408 Towson Ave in Fort Smith, AR 72901, the property is zoned General Commercial. Average daily traffic is listed at 20,000 VPD.
The layout provides a clear separation between office space and warehouse space while maintaining direct drive-in access through multiple roll-up doors.
Located at 1408 Towson Ave in Fort Smith, AR 72901, the property is zoned General Commercial. Average daily traffic is listed at 20,000 VPD.
The layout provides a clear separation between office space and warehouse space while maintaining direct drive-in access through multiple roll-up doors.
Key Highlights
- 7,520 SF flex building with 2,668 SF office and 4,852 SF warehouse space
- Warehouse includes 4 drive‑in roll‑up doors
- General Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,363
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,260
$687.3K
Cap Rate 7%
$490,900
$490.9K
Cap Rate 9%
$381,811
$381.8K
Market Conditions
NOI Build-Up for 7,520 SF
Gross rent
$45.1K $6.00/SF
− Vacancy
−$4.7K −$0.62/SF
EGI
$40.4K $5.38/SF
− OpEx
−$6.1K −$0.81/SF
NOI
$34.4K $4.57/SF
Area
Sebastian County, AR
Vacancy
10.40%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,260
Cap Rate 7%
$490,900
Cap Rate 9%
$381,811
Alternative Uses
Best Use
Office B
$1.07M
$939.1K – $1.25M
NOI $75,125 @ 7.0% cap · market cap 20.03%
Second Best
Flex RnD
$580.7K
$508.1K – $677.5K
NOI $40,649 @ 7.0% cap · market cap 10.84%
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 authorities.
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Property Analytics
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Current Use
Lease Details
4
Drive-in doors
20,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
804
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flex building with 2,668 SF office and 4 drive-in roll-up doors serving warehouse space.
Where is this flex space located?
The property is located at 1408 Towson Ave 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 flex building with 2,668 SF office and 4,852 SF warehouse space; Warehouse includes 4 drive‑in roll‑up doors; General Commercial zoning
