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Flex Property with Fenced Yard
New
For Sale
$900,000

4011 Towson AVE, Fort Smith, AR 72901

Commercial, Fort Smith, AR

Property Size8,800 SF
Lot Size1.45 Acres
Price / SF$102.27
Days on Market5

Property Features for 4011 Towson AVE

General Information

Property type Commercial Sale
Property subtype Retail
Directions Located on the southeast corner of Towson Avenue and Knoxville Street.
Standard status Active
APN 18883-0000-01546-00
Size 8,800 SF
Lot size 1.45 Acres

Taxes and HOA fees

Tax Description PART SW SW
Tax Annual Amount 4694
Legal Description PART SW SW

Amenities

fenced yard
overhead drive doors
Listing Agency: Jimmy Bell Real Estate
Listed By: Mason Shirey · License #AB00071498
Added: Oct 9 Changed: Oct 12 Last Checked: Oct 13 at 2:06AM
MLS# 1092400

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.

Investment Insights

Based on property information with market context.

This 8,800-square-foot flex property combines retail space with warehouse area on a 1.45-acre site. The warehouse has two overhead drive doors, while the fenced yard provides outdoor space for storage. On-site parking serves the property. The site is zoned C-5 (Heavy Commercial), and the seller will consider a sale/leaseback.

Located on Towson Avenue in Fort Smith, the property has reported traffic counts of approximately 17,000 vehicles per day. The retail and warehouse components bring customer-facing space and work or storage areas together at one address.

Key Highlights

  • 8,800‑square‑foot flex property on 1.45 acres
  • Retail and warehouse space in one property
  • Two overhead drive doors

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 (±1% cap)
NOI $69,041 @ 7.0% cap · market cap 7.67%
Second Best
Flex RnD
$679.5K
$594.6K – $792.8K (±1% cap)
NOI $47,568 @ 7.0% cap · market cap 5.29%
Theoretical Best
Healthcare Medical
$1.87M
$1.64M – $2.18M (±1% cap)
NOI $131,060 @ 7.0% cap · market cap 14.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

1st Choice Pawn Discount Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Pharmacy Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - C-5 zoning and a combination of retail and warehouse areas support a range of commercial service uses.
Where is this flex space located?
The property is located at 4011 Towson AVE 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 on 1.45 acres; Retail and warehouse space in one property; Two overhead drive doors
More about this property
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