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    Mid Century Modern Office Building Title is generated by Realmo AI

    2101-2103 S H St, Fort Smith, AR

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    2,553 SF office building suitable for single or multiple tenants.

    Type:OFFICE
    Property size:
    2,663 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $168/SF
    Added:
    Aug 21, 2025
    Days on Market:
    320
    Last Refresh:
    May 20 at 9:55 pm

    Property Features for 2101-2103 S H St

    General Information

    Standard status
    Active
    Size
    2,663 SF
    Lot size
    0.16 Acres
    Property subtype
    OFFICE

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    Dodge Mendenhall

    Listing office Seiter & Wright Commercial Properties

    Listing date Aug 21, 2025

    Source Moodyscre

    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 Seiter & Wright Commercial Properties

    HighLights

    • Mid Century Modern office building with 2,553 square feet
    • Divisible into two office suites with shared conference room
    • Five private offices offer versatile workspace
    • Two private restrooms
    • Skylights run across the northside of the property, providing natural light
    • Separate storage building with water

    Overview

    This mid-century modern office building offers 2,553 square feet of space. It can function as a single-tenant building or be divided into two office suites that share a conference room. The layout includes five private offices, two private restrooms, two conference areas, two copy/filing rooms, and a large collaborative bullpen-style office. Skylights are positioned along the north side of the property. A separate storage building with water access is located on the east side of the property.

    Local Financial Insights For Office B

    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 $38.3k $14.40
    − Vacancy −$2.9k −$1.08
    EGI $35.5k $13.32
    − OpEx −$8.9k −$3.33
    NOI $26.6k $9.99
    2,663 SF · lease $14.40/SF/yr · vacancy 7.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $380.0K
    $332.5K – $443.4K (±1% cap)
    NOI $26,603 @ 7.0% cap · market cap 5.91%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $566.6K
    $495.8K – $661.0K (±1% cap)
    NOI $39,661 @ 7.0% cap · market cap 8.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Cosmetic Store Furniture & Home Goods Wine and Liquor Store Shopping Center & Mall Nursing Home Restaurant Nursing Home Coworking & Hybrid Office Acupuncture Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.4104
    Latitude
    35.3753

    FAQs

    What type of property is this?
    Office building - 2,553 SF office building suitable for single or multiple tenants.
    Where is this office building located?
    The property is located at 2101-2103 S H St Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Mid Century Modern office building with 2,553 square feet; Divisible into two office suites with shared conference room; Five private offices offer versatile workspace
    (479) 785-4343 Call to check price and availability
    More about this property
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