Gas Station With Auto
3525 Grand AVE, Fort Smith, AR 72904
For Sale
$750,000
Commercial, Fort Smith, AR
Property Size4,815 SF
Lot Size0.42 Acres
Price / SF$155.76
Days on Market243
Property Features for 3525 Grand AVE
General Information
Property type
Property subtype
Parking features
Directions
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Real Estate Included
Business Included
Automotive
Automotive Uses
Convenience Store
Fuel Brand
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Flooring type
Roof type
Listing Agency:
O'Neal Real Estate- Fort Smith
(479) 242-4609
Listed By:
Team Shoppach
(918) 774-5743
Added: Mar 17
Changed: Oct 31
Last Checked: Nov 14 at 1:06AM
MLS# 1087768
Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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.
This gas station property combines an 1,850-square-foot retail area with nearly 3,000 square feet of automotive shop space. The shop includes three overhead bay doors, while a security-fenced storage lot supports additional on-site functionality. The fueling component has 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. The building was constructed in 1989, updated in 1999, and includes vinyl flooring, a metal roof, natural gas and central heating, and electric central air conditioning.
Located on Grand Avenue in Fort Smith, the property sits across from Tilles Park and along an east-west corridor connecting Downtown with the University. Interstate access is also identified as part of the surrounding setting. Contents and personal property are negotiable.
Located on Grand Avenue in Fort Smith, the property sits across from Tilles Park and along an east-west corridor connecting Downtown with the University. Interstate access is also identified as part of the surrounding setting. Contents and personal property are negotiable.
Key Highlights
- 1,850‑square‑foot retail area paired with nearly 3,000 square feet of shop space
- Automotive shop includes three overhead bay doors
- Six fueling pumps and three fiberglass‑lined storage tanks
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Service bays
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 - Fueling, retail, and secured automotive service facilities occupy one commercial property.
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: 1,850‑square‑foot retail area paired with nearly 3,000 square feet of shop space; Automotive shop includes three overhead bay doors; Six fueling pumps and three fiberglass‑lined storage tanks
