Listing Agency: Jimmy Bell Real Estate Show Phone

Listed By: Mason Shirey · License #AB00071498 Show Phone

Source: Assurancerealtyfsm

Added: Jul 20 Changed: Oct 25 Last Checked: Oct 24 at 5:55PM

Report an Issue

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 Jimmy Bell Real Estate

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 3,040-square-foot standalone warehouse property combines customer-facing and functional work areas. The interior includes a reception and waiting area, two restrooms, and a shop/warehouse component suited to commercial operations. Three 10-foot overhead doors provide entry points for the shop area.

The property is located at 6812 Phoenix Avenue in Fort Smith, Arkansas. Its standalone configuration and combination of office-style reception space, restrooms, and warehouse improvements create a straightforward commercial layout.

Key Highlights

• 3,040‑square‑foot standalone warehouse property
• Three 10‑foot overhead doors
• Reception and waiting area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$13,892

Suggested Prices Based on Cap Rates

Cap Rate 5%

$277,840 $277.8K

Cap Rate 7%

$198,457 $198.5K

Cap Rate 9%

$154,356 $154.4K

What to ask about pricing

Market Conditions

NOI Build-Up for 3,040 SF

Gross rent

$18.2K $6.00/SF

− Vacancy

−$1.9K −$0.62/SF

EGI

$16.3K $5.38/SF

− OpEx

−$2.5K −$0.81/SF

NOI

$13.9K $4.57/SF

Area

Sebastian County, AR

Vacancy

10.40%

Lease Rate

$6.00 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$277,840

Cap Rate 7%

$198,457

Cap Rate 9%

$154,356

Alternative Uses

Best Use

Warehouse

$198.5K

$173.7K – $231.5K (±1% cap)

NOI $13,892 @ 7.0% cap · market cap 555.68%

Second Best

—

—

no second resolved use

Theoretical Best

Healthcare Medical

$646.8K

$565.9K – $754.6K (±1% cap)

NOI $45,275 @ 7.0% cap · market cap 1,811.00%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Building Supply Law Firm Storage Facility Kitchen & Bath Showroom Electrical Service Auto Parts Store

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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

1,049

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 72903, AR

25,225

Population

12,079

Households

2.1

Avg Household Size

41

Median Age

33%

College-Educated

91%

High-School Grad

16.2 sq mi

ZIP Area

1,557

Density / Sq Mi

$60,186

Median Household Income

$36,560

Median Earnings

$804

Median Rent

$216,200

Median Home Value

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

Similar For Sale Nearby

See more

New Flex Space with Heated Warehouse

4600 Unit 4 Regions Park Drive, Fort Smith, AR 72916

Contact for pricing

4,460 SF

View details

Flex Building with Warehouse Space

918 Wheeler Avenue, Fort Smith, AR 72901

Contact for pricing

4,980 SF

View details

Flex Space with Overhead Doors

6320 S Highway 271, Fort Smith, AR 72908

$595,000

2,827 SF

View details

Flex Building with Overhead Doors

1315 S 11th St, Fort Smith, AR 72901

$299,000

3,500 SF

View details

Office-Warehouse Flex Property

1313 S Jackson ST, Fort Smith, AR 72901

$450,000

3,740 SF

View details

Flex Space with Drive-Through

7423 Highway 271 lot: 2, Fort Smith, AR 72908

$274,900

0.46 Acres

View details

Fenced Self-Storage Facility

5807 Remington Cir, Fort Smith, AR 72903

Contact for pricing

4,000 SF

View details

Warehouse Building

3505 Johnson Street, Fort Smith, AR 72904

$479,000

5,088 SF

View details

Open Warehouse with Bay Door

224 Towson AVE, Fort Smith, AR 72901

Contact for pricing

4,750 SF

View details

Flex Space with Showroom

4719 Towson AVE, Fort Smith, AR 72901

$625,000

6,000 SF

View details

Warehouse with Multiple Bay Access

1107 S P Street, Fort Smith, AR 72901

$400,000

6,300 SF

View details

Flex Space with Office Suite

7501 Veterans Avenue, Fort Smith, AR 72916

Contact for pricing

1,100 SF

View details

Similar Off Market Nearby

• Northwest Storage Center LLC — 7912 Rogers Ave, Fort Smith, AR 72903

Frequently Asked Questions

What type of property is this?

Warehouse - Commercial space includes a reception area, restrooms, and shop space within a standalone warehouse property.

Where is this warehouse located?

The property is located at 6812 Phoenix Avenue Fort Smith, AR.

What are key features of this property?

This property features: 3,040‑square‑foot standalone warehouse property; Three 10‑foot overhead doors; Reception and waiting area