Flex Space with Covered Loading
For Sale
$114,000
2900 N O ST, Fort Smith, AR 72901
COMMERCIAL - Fort Smith, AR
Property Size1,500 SF
Lot Size0.34 Acres
Price / SF$76
Days on Market127
Property Features for 2900 N O ST
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Travel south on N O Street from Martin Luther King, Jr. Park in Fort Smith two blocks and the building is on the right.
Standard status
Active
APN
18112-0025-00001-00
Size
1,500 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
W PT LOT 21 & ALL OF LOTS 22-23-24-25
Tax Annual Amount
976
Legal Description
W PT LOT 21 & ALL OF LOTS 22-23-24-25
Building Details
Flooring type
Tile - Ceramic
Listing Agency:
The Heritage Group Real Estate - Barling
(479) 806-5955
Listed By:
Alyssia Beneux · License #SA00089966
(479) 883-8301
Added: Mar 31
Changed: Aug 1
Last Checked: Aug 4 at 9:06AM
MLS# 1088040
Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Flex space combining office use with shop/warehouse space, currently configured for a water purification business and previously described as a tire shop. The property includes two offices accessible from the front entrance, with tile-ceramic flooring. In addition to the offices, there is approximately 33x29 of shop/warehouse space featuring sliding double doors on three sides and covered docks.
The loading configuration includes a rear dock that is fenced, approximately 14.5x40. Parking is available on both sides of the building. The property sits on a 0.3424-acre lot at 2900 N O ST, Fort Smith, in Sebastian County, and is described as convenient for servicing Sebastian, Crawford, and surrounding counties.
Overall, the layout supports day-to-day office administration alongside practical warehouse access through multiple door locations and covered dock areas.
The loading configuration includes a rear dock that is fenced, approximately 14.5x40. Parking is available on both sides of the building. The property sits on a 0.3424-acre lot at 2900 N O ST, Fort Smith, in Sebastian County, and is described as convenient for servicing Sebastian, Crawford, and surrounding counties.
Overall, the layout supports day-to-day office administration alongside practical warehouse access through multiple door locations and covered dock areas.
Key Highlights
- Approximately 33x29 shop/warehouse space with sliding double doors on three sides
- Covered docks plus rear dock area fenced and approximately 14.5x40
- Two front‑entry offices as part of the flex office/shop configuration
Financial Insights For Flex RnD
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 | $13.5k | $9.00 |
| − Vacancy | −$1.0k | −$0.68 |
| EGI | $12.5k | $8.32 |
| − OpEx | −$4.4k | −$2.91 |
| NOI | $8.1k | $5.41 |
1,500 SF · lease $9.00/SF/yr · vacancy 7.60% · expense 35.00%
Alternative Uses
Best Use
Office B
$214.1K
$187.3K – $249.8K
NOI $14,985 @ 7.0% cap · market cap 13.14%
Second Best
Flex RnD
$115.8K
$101.4K – $135.1K
NOI $8,108 @ 7.0% cap · market cap 7.11%
Theoretical Best
Healthcare Medical
$319.1K
$279.3K – $372.3K
NOI $22,340 @ 7.0% cap · market cap 19.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Under-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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex office-and-shop layout with parking on both sides and covered docks plus sliding double doors for shop access.
Where is this flex space located?
The property is located at 2900 N O ST Fort Smith, AR.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: Approximately 33x29 shop/warehouse space with sliding double doors on three sides; Covered docks plus rear dock area fenced and approximately 14.5x40; Two front‑entry offices as part of the flex office/shop configuration
