Stand-Alone Office
For Sale
Contact for pricing
410 Lexington Ave, Fort Smith, AR 72901
Seven offices, a conference room, kitchenettes, bathrooms, and storage support multiple workplace configurations.
Property Size2,988 SF
Lot Size0.32 Acres
Price / SF$108.77
Days on Market48
Property Features for 410 Lexington Ave
General Information
Standard status
Active
Size
2,988 SF
Lot size
0.32 Acres
Property subtype
OFFICE
Additional Details
Asking Price
$325,000
Utilities to Site
Yes
Building Details
Buildings
1
Building Size
2,988 SF
Listing Agency:
Seiter & Wright Commercial Properties
(479) 785-4343
Listed By:
Jackson Mendenhall · License #AB00084436
(479) 785-4343
Source:
Moodyscre
Added: Jun 18
Changed: Jul 31
Last Checked: Jul 31 at 6:57PM
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 Seiter & Wright Commercial Properties
Investment Insights
Based on property information with market context.
This stand-alone office building contains 2,988 square feet with seven offices, a conference room, two kitchenettes, two bathrooms, and ample storage. One bathroom includes a shower, adding flexibility for users who need that feature within the workplace. The building is configured with two utility meters, supporting the opportunity to divide the property between two users.
Located at 410 Lexington Ave in Fort Smith, Arkansas, the property offers a defined office layout with separate work areas and shared support spaces. The combination of private offices, conference space, kitchenettes, bathrooms, storage, and separately metered utilities provides a practical configuration for office users requiring distinct areas within one building.
Located at 410 Lexington Ave in Fort Smith, Arkansas, the property offers a defined office layout with separate work areas and shared support spaces. The combination of private offices, conference space, kitchenettes, bathrooms, storage, and separately metered utilities provides a practical configuration for office users requiring distinct areas within one building.
Key Highlights
- 2,988‑square‑foot stand‑alone office building
- Seven offices and one conference room
- Two kitchenettes and two bathrooms, including one with a shower
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 | $43.0k | $14.40 |
| − Vacancy | −$3.2k | −$1.08 |
| EGI | $39.8k | $13.32 |
| − OpEx | −$10.0k | −$3.33 |
| NOI | $29.9k | $9.99 |
2,988 SF · lease $14.40/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$426.4K
$373.1K – $497.5K
NOI $29,850 @ 7.0% cap · market cap 9.18%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$635.7K
$556.3K – $741.7K
NOI $44,501 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Seven offices, a conference room, kitchenettes, bathrooms, and storage support multiple workplace configurations.
Where is this office building located?
The property is located at 410 Lexington Ave Fort Smith, AR.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,988‑square‑foot stand‑alone office building; Seven offices and one conference room; Two kitchenettes and two bathrooms, including one with a shower
