Warehouse
For Sale
$599,000
3505 Johnson Street, Fort Smith, AR 72904
Warehouse building built in 2007 with available space in Sebastian County, AR, accessed from Johnson Street
Property Size5,088 SF
Price / SF$117.73
Days on Market504
Property Features for 3505 Johnson Street
General Information
Standard status
Active
Size
5,088 SF
Additional Details
Road Access
Yes
Building Details
Building Size
5,088 SF
Year Built
2007
Listing Agency:
The Heritage Group Real Estate
(479) 414-3231
Listed By:
Alyssia Beneux · License #SA00089966
(479) 414-3231
Source:
Evrealestate
Added: Mar 19, 2025
Changed: Jul 29
Last Checked: Aug 4 at 4:27AM
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 The Heritage Group Real Estate
Investment Insights
Based on property information with market context.
Warehouse building located at 3505 Johnson Street in Fort Smith, AR 72904 within Sebastian County. The property was built in 2007 and offers 5,088 square feet of warehouse space.
Access is provided from Johnson Street. From Midland Blvd, turn onto Johnson St and go three blocks; the property is on the left. From Kelley Hwy, turn onto N Albert Pike, then turn left onto Johnson Street; the property will be on the right.
The building’s configuration and size make it suitable for warehouse storage and distribution needs, where a compact footprint can support daily operations and product handling.
Access is provided from Johnson Street. From Midland Blvd, turn onto Johnson St and go three blocks; the property is on the left. From Kelley Hwy, turn onto N Albert Pike, then turn left onto Johnson Street; the property will be on the right.
The building’s configuration and size make it suitable for warehouse storage and distribution needs, where a compact footprint can support daily operations and product handling.
Key Highlights
- 5,088 SF warehouse building
- Built in 2007
- 3505 Johnson Street, Fort Smith, AR 72904
Financial Insights For Warehouse
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 | $30.5k | $6.00 |
| − Vacancy | −$3.2k | −$0.62 |
| EGI | $27.4k | $5.38 |
| − OpEx | −$4.1k | −$0.81 |
| NOI | $23.3k | $4.57 |
5,088 SF · lease $6.00/SF/yr · vacancy 10.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$332.1K
$290.6K – $387.5K
NOI $23,250 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.08M
$947.2K – $1.26M
NOI $75,777 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72904, AR
22,402
Population
8,406
Households
2.7
Avg Household Size
33
Median Age
7%
College-Educated
67%
High-School Grad
13.7 sq mi
ZIP Area
1,635
Density / Sq Mi
$40,357
Median Household Income
$28,519
Median Earnings
$817
Median Rent
$108,200
Median Home Value
Market
Properties on Market for Warehouses in Fort Smith
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- U-Store-It — 4011 Midland Blvd, Fort Smith, AR 72904
- Northside Self Storage — 4200 Kelley Hwy, Fort Smith, AR 72904
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse building built in 2007 with available space in Sebastian County, AR, accessed from Johnson Street
Where is this warehouse located?
The property is located at 3505 Johnson Street Fort Smith, AR.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 5,088 SF warehouse building; Built in 2007; 3505 Johnson Street, Fort Smith, AR 72904
