Flex Space with Fenced
New
For Sale
$900,000
4011 Towson Avenue, Fort Smith, AR 72901
Retail frontage, warehouse operations, and outdoor storage are combined on a commercially zoned property along Towson Avenue.
Property Size8,800 SF
Lot Size1.45 Acres
Price / SF$102.27
Days on Market3
Property Features for 4011 Towson Avenue
General Information
Standard status
Active
Size
8,800 SF
Lot size
1.45 Acres
Zoning
C-5
Site & Location
Traffic Count
17,000 vehicles/day
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
2
Amenities
fenced yard
overhead drive doors
Building Details
Building Size
8,800 SF
Listing Agency:
Jimmy Bell Real Estate
(479) 474-9200
Listed By:
Mason Shirey · License #AB00071498
(479) 675-6669
Source:
Assurancerealtyfsm
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:12AM
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 8,800-square-foot flex property combines customer-facing retail space with warehouse area for storage, shop, or service functions. Two overhead drive doors provide access to the warehouse, while a fenced yard accommodates outdoor storage. On-site parking serves customers and employees, and the property occupies 1.45 acres.
Located on Towson Avenue in Fort Smith, the site has reported traffic counts of approximately 17,000 vehicles per day. It is zoned C-5 (Heavy Commercial); buyers should independently verify zoning and permitted uses. The seller will consider a sale-leaseback.
Located on Towson Avenue in Fort Smith, the site has reported traffic counts of approximately 17,000 vehicles per day. It is zoned C-5 (Heavy Commercial); buyers should independently verify zoning and permitted uses. The seller will consider a sale-leaseback.
Key Highlights
- 8,800‑square‑foot flex property with retail and warehouse space
- 1.45‑acre site with a fenced outdoor yard
- Two overhead drive doors serve the warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,041
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,380,820
$1.4M
Cap Rate 7%
$986,300
$986.3K
Cap Rate 9%
$767,122
$767.1K
Market Conditions
NOI Build-Up for 8,800 SF
Gross rent
$105.6K $12.00/SF
− Vacancy
−$7.0K −$0.79/SF
EGI
$98.6K $11.21/SF
− OpEx
−$29.6K −$3.36/SF
NOI
$69.0K $7.85/SF
Area
Sebastian County, AR
Vacancy
6.60%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,380,820
Cap Rate 7%
$986,300
Cap Rate 9%
$767,122
Alternative Uses
Best Use
Retail
$986.3K
$863.0K – $1.15M
NOI $69,041 @ 7.0% cap · market cap 7.67%
Second Best
Flex RnD
$679.5K
$594.6K – $792.8K
NOI $47,568 @ 7.0% cap · market cap 5.29%
Theoretical Best
Healthcare Medical
$1.87M
$1.64M – $2.18M
NOI $131,060 @ 7.0% cap · market cap 14.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Drive-in doors
17,000 VPD
Traffic count
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72901, AR
20,973
Population
10,337
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
8.7 sq mi
ZIP Area
2,411
Density / Sq Mi
$42,568
Median Household Income
$30,582
Median Earnings
$837
Median Rent
$113,200
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 Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Retail frontage, warehouse operations, and outdoor storage are combined on a commercially zoned property along Towson Avenue.
Where is this flex space located?
The property is located at 4011 Towson Avenue Fort Smith, AR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 8,800‑square‑foot flex property with retail and warehouse space; 1.45‑acre site with a fenced outdoor yard; Two overhead drive doors serve the warehouse
