3505 Johnson Street, Fort Smith, AR 72904
SINGLE_FAMILY - Fort Smith, AR
- Added:
- Mar 19, 2025
- Days on Market:
- 475
- Last Refresh:
- Jul 6 at 2:06 am
Property Features for 3505 Johnson Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 15224-0016-00021-00
- Size
- 5,088 SF
- Lot size
- 1.00 Acres
Taxes and HOA fees
- Tax Description
- LOT 16 BLK 21
Building Details
- Year built
- 2007
Listing agent Alyssia Beneux License #SA00089966 (479) 414-3231
Listing office The Heritage Group Real Estate Co. 2205 Loretta Parker Lane, Barling, AR (479) 806-5955
Listing date Mar 19, 2025
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 5088 SF commercial building built in 2007 by Gateway Construction
- Sits on a 1‑acre lot
Overview
The property is located at 3505 Johnson Street in Fort Smith, Arkansas (Sebastian County), with the parcel size supporting onsite room for everyday business operations. The listing references the site as a one-acre setting, which may be beneficial for organizations that want additional space around the building.
For tenants, buyers, or owner-operators evaluating office space, this building offers a straightforward, building-based option with a defined footprint and a relatively substantial lot. Because the listing emphasizes “endless possibilities” without specifying exact use permissions or layouts, prospective parties should confirm how the existing improvements align with their intended office or commercial operations during due diligence.
Local Financial Insights For Office B
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 | $73.3k | $14.40 |
| − Vacancy | −$5.5k | −$1.08 |
| EGI | $67.8k | $13.32 |
| − OpEx | −$16.9k | −$3.33 |
| NOI | $50.8k | $9.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.39229
- Latitude
- 35.408177
