Warehouse with Rear Bay
224 Towson Ave, Fort Smith, AR 72901
For Sale
Contact for pricing
An open interior, rear bay access, and off-street parking support practical warehouse operations.
Property Size4,750 SF
Days on Market49
Property Features for 224 Towson Ave
General Information
Standard status
Size
Additional Details
Warehouse Space
Listing Agency:
Looper Auction & Realty II, LLC
Listed By:
Zack and Shawn Looper Team
(479) 883-7539
Source:
Thebesthomeprice
Added: Sep 26
Changed: Nov 12
Last Checked: Oct 7 at 2:06PM
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 Looper Auction & Realty II, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,750-square-foot warehouse at 224 Towson Ave features an expansive open interior and a bay door at the rear. Off-street parking is provided behind the building.
The property occupies the corner of Towson and B Street in Fort Smith, Arkansas.
The property occupies the corner of Towson and B Street in Fort Smith, Arkansas.
Key Highlights
- 4,750 SF warehouse with an open interior
- Rear bay door
- Off‑street parking behind the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,706
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,120
$434.1K
Cap Rate 7%
$310,086
$310.1K
Cap Rate 9%
$241,178
$241.2K
Market Conditions
NOI Build-Up for 4,750 SF
Gross rent
$28.5K $6.00/SF
− Vacancy
−$3.0K −$0.62/SF
EGI
$25.5K $5.38/SF
− OpEx
−$3.8K −$0.81/SF
NOI
$21.7K $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%
$434,120
Cap Rate 7%
$310,086
Cap Rate 9%
$241,178
Alternative Uses
Best Use
Warehouse
$310.1K
$271.3K – $361.8K
NOI $21,706 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.01M
$884.3K – $1.18M
NOI $70,743 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,493
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
$113,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Fort Smith, AR
Properties on Market for Warehouses in Fort Smith
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Towson Avenue Storage — 1233 Towson Ave, Fort Smith, AR 72901
- Sigler Music private warehouse — 920 S D St, Fort Smith, AR 72901
- Koller Moving and Storage — 615 S E St, Fort Smith, AR 72901
- Central Records Services — Fort Smith, AR 72901
- Vital Records Control — 301 Rogers Ave, Fort Smith, AR 72901
Frequently Asked Questions
What type of property is this?
Warehouse - An open interior, rear bay access, and off-street parking support practical warehouse operations.
Where is this warehouse located?
The property is located at 224 Towson Ave Fort Smith, AR.
What are key features of this property?
This property features: 4,750 SF warehouse with an open interior; Rear bay door; Off‑street parking behind the building
