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New Flex Space with Heated Warehouse
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4600 Unit 4 Regions Park Drive, Fort Smith, AR 72916

Flexible commercial space combines conditioned office and showroom areas with a heated warehouse and additional mezzanine storage.

Property Size4,460 SF
Price / SF$0.74
Days on Market100

Property Features for 4600 Unit 4 Regions Park Drive

General Information

Standard status Active
Size 4,460 SF
Property subtype CommercialLease
Listing Agency: Bradford & Udouj Realtors
Listed By: Jim Simmons · License #SA00054620
Source: Assurancerealtyfsm
Added: Jul 9 Changed: Oct 10 Last Checked: Oct 14 at 10:59PM

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 Bradford & Udouj Realtors

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Investment Insights

Based on property information with market context.

This new flex property provides 4,460 SF with a practical blend of office, showroom, and warehouse space. The office and showroom are heated and cooled, while the warehouse is heated. A 20' sidewall height, 16' drive door, ADA restroom, and mezzanine above the office add functional support for commercial operations and storage.

The property is located at 4600 Unit 4 Regions Park Drive in Fort Smith, near I-540 and positioned between the airport and Amazon Distribution Center. Reported traffic counts are 24,000 daily on Zero and 19,000 on Old Greenwood Rd.

Key Highlights

  • New 4,460 SF flex space at 4600 Unit 4 Regions Park Drive
  • 20' sidewalls and a 16' drive door
  • Heated and cooled office/showroom area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,784
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,680 $335.7K
Cap Rate 7%
$239,771 $239.8K
Cap Rate 9%
$186,489 $186.5K
Market Conditions
NOI Build-Up for 4,460 SF
Gross rent
$26.8K $6.00/SF
− Vacancy
−$2.8K −$0.62/SF
EGI
$24.0K $5.38/SF
− OpEx
−$7.2K −$1.61/SF
NOI
$16.8K $3.76/SF
Area
Sebastian County, AR
Vacancy
10.40%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,680
Cap Rate 7%
$239,771
Cap Rate 9%
$186,489

Alternative Uses

Best Use
Flex RnD
$344.4K
$301.4K – $401.8K (±1% cap)
NOI $24,108 @ 7.0% cap · market cap 730.77%
Second Best
Warehouse
$291.1K
$254.8K – $339.7K (±1% cap)
NOI $20,380 @ 7.0% cap · market cap 617.76%
Theoretical Best
Healthcare Medical
$948.9K
$830.3K – $1.11M (±1% cap)
NOI $66,424 @ 7.0% cap · market cap 2,013.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Pharmacy Dental Office Grocery & Convenience Store Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby
Balanced
Demand for This Use

Demographics for 72916, AR

10,250
Population
4,720
Households
2.2
Avg Household Size
41
Median Age
45%
College-Educated
92%
High-School Grad
37.7 sq mi
ZIP Area
272
Density / Sq Mi
$88,125
Median Household Income
$51,444
Median Earnings
$1,212
Median Rent
$257,100
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

Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial space combines conditioned office and showroom areas with a heated warehouse and additional mezzanine storage.
Where is this flex space located?
The property is located at 4600 Unit 4 Regions Park Drive Fort Smith, AR.
What are key features of this property?
This property features: New 4,460 SF flex space at 4600 Unit 4 Regions Park Drive; 20' sidewalls and a 16' drive door; Heated and cooled office/showroom area
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