Gas Station with Automotive
For Sale
$750,000
3525 Grand Ave, Fort Smith, AR 72904
Established fueling and convenience operation with dedicated automotive service space and a security-fenced storage lot.
Property Size4,815 SF
Price / SF$155.76
Days on Market71
Property Features for 3525 Grand Ave
General Information
Standard status
Active
Size
4,815 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Business Included
Yes
Fuel Pumps
6
Amenities
security-fenced storage lot
three overhead bay doors
Building Details
Year Built
1989
Abandoned
No
Listing Agency:
O'Neal Real Estate- Fort Smith
Listed By:
Team Shoppach
(918) 774-5743
Source:
Thebesthomeprice
Added: Aug 7
Changed: Oct 13
Last Checked: Oct 7 at 1:54PM
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 O'Neal Real Estate- Fort Smith
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Investment Insights
Based on property information with market context.
This Fort Smith property combines a convenience retail operation with automotive service improvements across 4,815 square feet. The retail area measures 1,850 square feet, while the shop provides nearly 3,000 square feet and three overhead bay doors. A security-fenced storage lot adds dedicated exterior utility. The fueling component includes six pumps and three fiberglass-lined tanks: two 10,000-gallon tanks and one 8,000-gallon tank divided for premium and ethanol-free fuel.
Built in 1989 and updated in 1999, the property has been operated as an independent service station and convenience store for more than 40 years. It is located at 3525 Grand Ave in Fort Smith, directly across from Tilles Park, with access to an east-west corridor and nearby interstate connections. The sale also includes negotiable contents and personal property.
Built in 1989 and updated in 1999, the property has been operated as an independent service station and convenience store for more than 40 years. It is located at 3525 Grand Ave in Fort Smith, directly across from Tilles Park, with access to an east-west corridor and nearby interstate connections. The sale also includes negotiable contents and personal property.
Key Highlights
- 4,815‑square‑foot property in Fort Smith
- 1,850‑square‑foot convenience retail area
- Nearly 3,000 square feet of automotive shop space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,594
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,011,880
$1.0M
Cap Rate 7%
$722,771
$722.8K
Cap Rate 9%
$562,156
$562.2K
Market Conditions
NOI Build-Up for 4,815 SF
Gross rent
$72.2K $15.00/SF
− Vacancy
−$4.8K −$0.99/SF
EGI
$67.5K $14.01/SF
− OpEx
−$16.9K −$3.50/SF
NOI
$50.6K $10.51/SF
Area
Sebastian County, AR
Vacancy
6.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,011,880
Cap Rate 7%
$722,771
Cap Rate 9%
$562,156
Alternative Uses
Best Use
Specialty Retail
$722.8K
$632.4K – $843.2K
NOI $50,594 @ 7.0% cap · market cap 6.75%
Second Best
Retail
$539.7K
$472.2K – $629.6K
NOI $37,777 @ 7.0% cap · market cap 5.04%
Theoretical Best
Healthcare Medical
$1.02M
$896.4K – $1.20M
NOI $71,711 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 38%
Home Improvements & Furnishings 7%
KFC
Dining
8,308 visits/mo
0.5 miles
Family Dollar
Shops & Services
5,202 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
2,491 visits/mo
0.5 miles
Citgo
Shops & Services
2,414 visits/mo
0.2 miles
Cadence Bank
Shops & Services
2,050 visits/mo
0.3 miles
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
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?
Gas station - Established fueling and convenience operation with dedicated automotive service space and a security-fenced storage lot.
Where is this gas station located?
The property is located at 3525 Grand Ave Fort Smith, AR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4,815‑square‑foot property in Fort Smith; 1,850‑square‑foot convenience retail area; Nearly 3,000 square feet of automotive shop space
