Flex Space with Overhead
For Sale
$595,000
6320 S Highway 271, Fort Smith, AR 72908
Office and shop configuration includes private offices, service areas, and tractor-trailer-capable overhead access.
Property Size2,827 SF
Price / SF$210.47
Days on Market70
Property Features for 6320 S Highway 271
General Information
Standard status
Active
Size
2,827 SF
Additional Details
Drive-In Doors
2
Building Details
Year Built
2005
Listing Agency:
Bradford & Udouj Realtors
Listed By:
Tina Wilkinson · License #SA00054042
(479) 459-1429
Source:
Thebesthomeprice
Added: Aug 8
Changed: Sep 14
Last Checked: Oct 7 at 4:46PM
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 2,827-square-foot flex property combines a professional office component with a functional shop. The office includes a defined entry, multiple private offices, a kitchen, and two bathrooms, including one full bathroom with a stand-up shower. A firewall separates the office from the shop area, creating distinct spaces within the building. The 50-by-50-foot shop has two large overhead doors sized to accommodate tractor-trailers.
The property occupies four lots at 6320 S Highway 271 in Fort Smith, Arkansas. Its location along Highway 271 provides direct corridor exposure and access. The roof is under six years old, and the building was constructed in 2005.
The property occupies four lots at 6320 S Highway 271 in Fort Smith, Arkansas. Its location along Highway 271 provides direct corridor exposure and access. The roof is under six years old, and the building was constructed in 2005.
Key Highlights
- 2,827 SF flex property with office and shop components
- 50‑by‑50‑foot shop area with two large overhead doors
- Doors accommodate tractor‑trailer access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,242
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,840
$564.8K
Cap Rate 7%
$403,457
$403.5K
Cap Rate 9%
$313,800
$313.8K
Market Conditions
NOI Build-Up for 2,827 SF
Gross rent
$40.7K $14.40/SF
− Vacancy
−$3.1K −$1.08/SF
EGI
$37.7K $13.32/SF
− OpEx
−$9.4K −$3.33/SF
NOI
$28.2K $9.99/SF
Area
Sebastian County, AR
Vacancy
7.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,840
Cap Rate 7%
$403,457
Cap Rate 9%
$313,800
Alternative Uses
Best Use
Office B
$403.5K
$353.0K – $470.7K
NOI $28,242 @ 7.0% cap · market cap 4.75%
Second Best
Flex RnD
$218.3K
$191.0K – $254.7K
NOI $15,281 @ 7.0% cap · market cap 2.57%
Theoretical Best
Healthcare Medical
$601.5K
$526.3K – $701.7K
NOI $42,103 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72908, AR
14,310
Population
6,374
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
7.7 sq mi
ZIP Area
1,858
Density / Sq Mi
$68,697
Median Household Income
$43,234
Median Earnings
$886
Median Rent
$181,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office and shop configuration includes private offices, service areas, and tractor-trailer-capable overhead access.
Where is this flex space located?
The property is located at 6320 S Highway 271 Fort Smith, AR.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,827 SF flex property with office and shop components; 50‑by‑50‑foot shop area with two large overhead doors; Doors accommodate tractor‑trailer access
