Office Unit with Private
For Sale
Contact for pricing
3321 S 74th B, Fort Smith, AR 72903
Configured for professional, medical, or service-based operations.
Property Size2,384 SF
Price / SF$0.92
Days on Market65
Property Features for 3321 S 74th B
General Information
Standard status
Active
Size
2,384 SF
Listing Agency:
Jimmy Bell Real Estate
(479) 474-9200
Listed By:
Blaine Bell
(479) 459-0158
Source:
Assurancerealtyfsm
Added: Aug 17
Changed: Oct 15
Last Checked: Oct 19 at 6:42AM
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 Jimmy Bell Real Estate
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Investment Insights
Based on property information with market context.
This 2,384-square-foot office unit at 3321 S 74th, B, Fort Smith, Arkansas, provides a practical setting for day-to-day business operations. The interior includes a reception and waiting area, five enclosed offices, a conference room, a break room, and two restrooms, creating a balanced arrangement for staff work areas, client meetings, and administrative functions.
The suite can support professional, medical, and service-based businesses seeking an established office environment. Its combination of private rooms, shared meeting space, client-facing entry area, staff amenities, and restroom facilities gives occupants a defined layout for organizing multiple business functions within one unit.
The suite can support professional, medical, and service-based businesses seeking an established office environment. Its combination of private rooms, shared meeting space, client-facing entry area, staff amenities, and restroom facilities gives occupants a defined layout for organizing multiple business functions within one unit.
Key Highlights
- 2,384 square feet of office space
- Five private offices for individual work areas
- Reception and waiting area at the suite entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,816
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,320
$476.3K
Cap Rate 7%
$340,229
$340.2K
Cap Rate 9%
$264,622
$264.6K
Market Conditions
NOI Build-Up for 2,384 SF
Gross rent
$34.3K $14.40/SF
− Vacancy
−$2.6K −$1.08/SF
EGI
$31.8K $13.32/SF
− OpEx
−$7.9K −$3.33/SF
NOI
$23.8K $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%
$476,320
Cap Rate 7%
$340,229
Cap Rate 9%
$264,622
Alternative Uses
Best Use
Office B
$340.2K
$297.7K – $396.9K
NOI $23,816 @ 7.0% cap · market cap 1,086.00%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$507.2K
$443.8K – $591.8K
NOI $35,505 @ 7.0% cap · market cap 1,619.02%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,609
Businesses Nearby
Explore this area
Business Placement
Demographics for 72903, AR
25,225
Population
12,079
Households
2.1
Avg Household Size
41
Median Age
33%
College-Educated
91%
High-School Grad
16.2 sq mi
ZIP Area
1,557
Density / Sq Mi
$60,186
Median Household Income
$36,560
Median Earnings
$804
Median Rent
$216,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Configured for professional, medical, or service-based operations.
Where is this office unit located?
The property is located at 3321 S 74th B Fort Smith, AR.
What are key features of this property?
This property features: 2,384 square feet of office space; Five private offices for individual work areas; Reception and waiting area at the suite entrance
