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Office Building on Commercial Site
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1901 Rogers Ave, Fort Smith, AR 72901

C-2 zoning and stoplight access provide a practical setting for office and other commercial uses.

Property Size3,800 SF
Lot Size0.96 Acres
Price / SF$157.89
Days on Market103

Property Features for 1901 Rogers Ave

General Information

Standard status Active
Size 3,800 SF
Class B
Lot size 0.96 Acres
Property subtype Retail, Office
Zoning C-2
Investment Type Owner/User

Additional Details

Asking Price $600,000
Road Access Yes
Land Use commercial

Building Details

Buildings 1
Building Size 3,800 SF
Listing Agency: Ghan & Cooper Commercial Properties
Listed By: Tyler Teague · License #AR SA00079797
Source: Crexi
Added: Jul 6 Changed: Oct 10 Last Checked: Oct 16 at 8:38AM

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 Ghan & Cooper Commercial Properties

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Investment Insights

Based on property information with market context.

The property includes a 3,800-square-foot office building on approximately 0.96 acres. Interior space is arranged with multiple offices and rooms, supporting the existing office use and providing a flexible configuration for professional, medical, retail, or service-oriented operations. On-site parking is also provided.

Positioned at 1901 Rogers Ave in Fort Smith, the site benefits from access at the signalized intersection of 19th Street and Rogers Avenue. C-2 zoning applies to the property, and its location near Downtown Fort Smith places the building within an established commercial corridor. The land component may also support redevelopment concepts identified for the site, including a gas station, convenience store, restaurant, or retail project.

Key Highlights

  • 3,800 SF office building on approximately 0.96 acres
  • C‑2 zoning
  • Signalized access at 19th Street and Rogers Avenue

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,962
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,240 $759.2K
Cap Rate 7%
$542,314 $542.3K
Cap Rate 9%
$421,800 $421.8K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$54.7K $14.40/SF
− Vacancy
−$4.1K −$1.08/SF
EGI
$50.6K $13.32/SF
− OpEx
−$12.7K −$3.33/SF
NOI
$38.0K $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%
$759,240
Cap Rate 7%
$542,314
Cap Rate 9%
$421,800

Alternative Uses

Best Use
Office B
$542.3K
$474.5K – $632.7K (±1% cap)
NOI $37,962 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$808.5K
$707.4K – $943.2K (±1% cap)
NOI $56,594 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Furniture & Home Goods Parking Lot & Garage Garden Center Carpet & Flooring Store Butcher (Bike/Boat/Book/etc) Store

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
Paved road access

Location Intelligence

Trade Area within ½ mile

1,484
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - C-2 zoning and stoplight access provide a practical setting for office and other commercial uses.
Where is this office building located?
The property is located at 1901 Rogers Ave Fort Smith, AR.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 3,800 SF office building on approximately 0.96 acres; C‑2 zoning; Signalized access at 19th Street and Rogers Avenue
(479) 478-6161 Call to check price and availability
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