Two-Story Brick Office
1900 Rogers Ave, Fort Smith, AR 72901
For Sale
$1,380,000
Flexible layout includes private offices, conference rooms, open work areas, and extensive storage.
Property Size10,630 SF
Price / SF$129.82
Days on Market60
Property Features for 1900 Rogers Ave
General Information
Standard status
Size
Amenities
reception and lobby area
conference rooms
break room
kitchen
balcony
shower
Building Details
Year Built
Stories
Construction
Listing Agency:
Keller Williams Platinum Realty
Listed By:
Amy Jo Hutcherson · License #EB00064825
(918) 839-8946
Source:
Thebesthomeprice
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 7 at 5:02PM
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 Keller Williams Platinum Realty
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Investment Insights
Based on property information with market context.
This 10,630-square-foot office property features a two-story brick exterior, covered entry, reception and lobby areas, private offices, executive offices, conference rooms, open workspaces, built-in workstations, cubicles, and extensive storage. The building includes multiple bathrooms, a shower, kitchen and break areas, and flexible rooms for meetings or daily operations. Upper-level improvements include eight cubicles, additional storage rooms, two bathrooms, a break room with kitchen, and balcony access. The lower level adds a workroom with six cubicles and built-in features.
Located at 1900 Rogers Ave in Fort Smith, the property includes substantial paved parking and additional land behind the building. Built in 1996, the office configuration supports a range of professional, administrative, training, nonprofit, and commercial operations, including the office and service uses identified in the property information.
Located at 1900 Rogers Ave in Fort Smith, the property includes substantial paved parking and additional land behind the building. Built in 1996, the office configuration supports a range of professional, administrative, training, nonprofit, and commercial operations, including the office and service uses identified in the property information.
Key Highlights
- 10,630 SF office building at 1900 Rogers Ave, Fort Smith, AR 72901
- Two‑story brick construction completed in 1996
- Upper level includes eight cubicles, storage rooms, two bathrooms, kitchen, break room, and balcony access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,194
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,123,880
$2.1M
Cap Rate 7%
$1,517,057
$1.5M
Cap Rate 9%
$1,179,933
$1.2M
Market Conditions
NOI Build-Up for 10,630 SF
Gross rent
$153.1K $14.40/SF
− Vacancy
−$11.5K −$1.08/SF
EGI
$141.6K $13.32/SF
− OpEx
−$35.4K −$3.33/SF
NOI
$106.2K $9.99/SF
Area
Sebastian County, AR
Vacancy
7.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,123,880
Cap Rate 7%
$1,517,057
Cap Rate 9%
$1,179,933
Alternative Uses
Best Use
Office B
$1.52M
$1.33M – $1.77M
NOI $106,194 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.26M
$1.98M – $2.64M
NOI $158,315 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,719
Businesses Nearby
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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
$113,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Fort Smith, AR
Properties on Market for Office buildings in Fort Smith
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Flexible layout includes private offices, conference rooms, open work areas, and extensive storage.
Where is this office building located?
The property is located at 1900 Rogers Ave Fort Smith, AR.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: 10,630 SF office building at 1900 Rogers Ave, Fort Smith, AR 72901; Two‑story brick construction completed in 1996; Upper level includes eight cubicles, storage rooms, two bathrooms, kitchen, break room, and balcony access
