Two-Suite
For Sale
Contact for pricing
3312 Jenny Lind Rd, Fort Smith, AR 72901
C-2-zoned retail building with one occupied suite and one available for a new user.
Property Size2,495 SF
Price / SF$110.22
Days on Market171
Property Features for 3312 Jenny Lind Rd
General Information
Standard status
Active
Size
2,495 SF
Class
B
Property subtype
Retail
Zoning
C-2
Investment Type
Owner/User
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Ghan & Cooper Commercial Properties
Listed By:
Tyler Teague · License #AR SA00079797
(479) 478-6161
Source:
Crexi
Added: Apr 29
Changed: Oct 8
Last Checked: Oct 16 at 6:15AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a 2,495-square-foot storefront building configured with two separate suites. One suite is occupied by a long-term tenant, while the second is vacant and available for its next user. This arrangement provides an existing tenancy alongside an immediately available commercial space.
Located at 3312 Jenny Lind Rd in Fort Smith, Arkansas, the building carries C-2 zoning. The two-suite layout supports separate occupancy within a compact retail-oriented property.
Located at 3312 Jenny Lind Rd in Fort Smith, Arkansas, the building carries C-2 zoning. The two-suite layout supports separate occupancy within a compact retail-oriented property.
Key Highlights
- 2,495‑square‑foot storefront building
- Two‑suite configuration
- One suite leased to a long‑term tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,575
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,500
$391.5K
Cap Rate 7%
$279,643
$279.6K
Cap Rate 9%
$217,500
$217.5K
Market Conditions
NOI Build-Up for 2,495 SF
Gross rent
$29.9K $12.00/SF
− Vacancy
−$2.0K −$0.79/SF
EGI
$28.0K $11.21/SF
− OpEx
−$8.4K −$3.36/SF
NOI
$19.6K $7.85/SF
Area
Sebastian County, AR
Vacancy
6.60%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,500
Cap Rate 7%
$279,643
Cap Rate 9%
$217,500
Alternative Uses
Best Use
Retail
$279.6K
$244.7K – $326.3K
NOI $19,575 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$530.8K
$464.5K – $619.3K
NOI $37,159 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 30%
Circle K
Shops & Services
6,262 visits/mo
0.1 miles
Krispy Krunchy Chicken
Dining
4,481 visits/mo
0.1 miles
Family Dollar
Shops & Services
4,366 visits/mo
0.1 miles
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - C-2-zoned retail building with one occupied suite and one available for a new user.
Where is this storefront property located?
The property is located at 3312 Jenny Lind Rd Fort Smith, AR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2,495‑square‑foot storefront building; Two‑suite configuration; One suite leased to a long‑term tenant
