Flex Space with Warehouse
For Sale
$375,000
1408 Towson Avenue, Fort Smith, AR 72901
7,520 SF flex space featuring office and warehouse areas.
Property Size7,520 SF
Price / SF$49.87
Days on Market251
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
Changed: Jul 10
Last Checked: Aug 3 at 5:42AM
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
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,350
Businesses Nearby
Well-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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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
