Flex Space with
New
For Sale
$625,000
4719 Towson AVE, Fort Smith, AR 72901
Commercial, Fort Smith, AR
Property Size6,000 SF
Lot Size0.37 Acres
Price / SF$104.17
Days on Market2
Property Features for 4719 Towson AVE
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking
16
Directions
From I540, take Exit 9 for Phoenix Avenue. Head West on Phoenix and continue for approximately 2 miles. At the intersection stoplight at Towson Avenue, turn left and 4719 Towson will be on your left (just past Subway and before McDonald's)
Standard status
Active
APN
18883-0000-01948-00
Size
6,000 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Description
PT SW NW of 33-08-32
Tax Annual Amount
2374
Legal Description
PT SW NW of 33-08-32
Utilities
Heating system
Central, Ductless (Heating)
Cooling system
Ductless, Central Air
Amenities
security system
covered patio
TV
Building Details
Year built
1984
Flooring type
Concrete
Roof type
Other, Metal
Listing Agency:
Weichert, REALTORS(R) - The Griffin Company
Listed By:
Angel Clifton
(479) 242-4000
Added: Oct 15
Changed: Oct 16
Last Checked: Oct 16 at 10:06PM
MLS# 1092478
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.
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Investment Insights
Based on property information with market context.
This 6,000-square-foot flex property includes approximately 4,500 square feet of showroom, 1,000 square feet of warehouse or storage, and a 500-square-foot upper-level area. The interior has polished concrete floors, insulated walls and ceilings, multiple rooms, and a half bathroom. Improvements include new lighting, a new HVAC system, a mini-split, newer interior and exterior paint, and some updated electrical components. The bay door is motorized and can accommodate a 53-foot trailer. Low-E window film and an oversized covered patio are also in place.
The 0.37-acre property fronts Towson Avenue in Fort Smith, where the reported daily traffic count is approximately 21,000 vehicles. The parking lot has been resurfaced and sealed, and fencing has been added along the rear. A 26-camera high-definition security system covers interior and exterior areas; a connected TV conveys with the property. Built in 1984, the building offers distinct showroom, storage, and upper-level areas within one flex-space layout.
The 0.37-acre property fronts Towson Avenue in Fort Smith, where the reported daily traffic count is approximately 21,000 vehicles. The parking lot has been resurfaced and sealed, and fencing has been added along the rear. A 26-camera high-definition security system covers interior and exterior areas; a connected TV conveys with the property. Built in 1984, the building offers distinct showroom, storage, and upper-level areas within one flex-space layout.
Key Highlights
- 6,000 square feet, including approximately 4,500 square feet of showroom, 1,000 square feet of warehouse or storage, and 500 square feet upstairs
- 0.37‑acre property on Towson Avenue in Fort Smith; reported traffic count is approximately 21,000 vehicles daily
- Motorized bay door accommodates a 53‑foot trailer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,074
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$941,480
$941.5K
Cap Rate 7%
$672,486
$672.5K
Cap Rate 9%
$523,044
$523.0K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$72.0K $12.00/SF
− Vacancy
−$4.8K −$0.79/SF
EGI
$67.2K $11.21/SF
− OpEx
−$20.2K −$3.36/SF
NOI
$47.1K $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%
$941,480
Cap Rate 7%
$672,486
Cap Rate 9%
$523,044
Alternative Uses
Best Use
Retail
$672.5K
$588.4K – $784.6K
NOI $47,074 @ 7.0% cap · market cap 7.53%
Second Best
Flex RnD
$463.3K
$405.4K – $540.5K
NOI $32,432 @ 7.0% cap · market cap 5.19%
Theoretical Best
Healthcare Medical
$1.28M
$1.12M – $1.49M
NOI $89,359 @ 7.0% cap · market cap 14.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
21,000 VPD
Traffic count
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
467
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 - A heated and cooled layout combines showroom, warehouse, and upstairs space with updated lighting and a motorized loading door.
Where is this flex space located?
The property is located at 4719 Towson AVE Fort Smith, AR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 6,000 square feet, including approximately 4,500 square feet of showroom, 1,000 square feet of warehouse or storage, and 500 square feet upstairs; 0.37‑acre property on Towson Avenue in Fort Smith; reported traffic count is approximately 21,000 vehicles daily; Motorized bay door accommodates a 53‑foot trailer
