Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3917 Rogers Ave Fort Smith, AR 72903

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Fort Smith Office Building - 5,000 SF Available

    Lot size:
    6,450 SF

    Property Features for 3917 Rogers Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,450 SF
    Class
    C
    Total Rate
    6450

    Spaces For Lease

    at 3917 Rogers Ave, Fort Smith, AR 72903 Contact us
    Unit

    $12 /Mo

    Size
    5,000 SF
    Contact us

    We can help!

    Listing Contact
    Chad Adair
    Chad Adair

    Listing Agency: Ghan & Cooper Commercial Properties Listing Agent: Chad Adair

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This 6,450 square foot office building, located at 3917 Rogers Avenue in Fort Smith, Arkansas (zip code 72903), is available for lease. The property is classified as Class C and features a single-tenant occupancy with 5,000 square feet currently vacant. The building sits on a 0.64-acre lot and offers 36 parking spaces. Zoned C-2, it's ideally suited for a variety of uses, including traditional office and medical office spaces. The building does not have an elevator. The property boasts ample parking in both the front and rear, along with a convenient back dock door. Its location on Rogers Avenue provides excellent visibility and accessibility. The lease rate is $12 per square foot. The property's APN is 11240-0001-00000-00. This versatile space presents a significant opportunity for businesses seeking a prominent location in Fort Smith. The building's previous use was a chiropractic office. The property offers a combination of high visibility and convenient access, making it an attractive option for a range of commercial ventures. Its size and features make it suitable for businesses requiring substantial space and convenient loading capabilities. The ample parking ensures ease of access for clients and employees.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Absolute Fitness & Rehab Alternative Medicine Practice Samantha Craig Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.388770698649
    Latitude
    35.370581022508

    Nearby Similar for Lease

    • $2,850 /Mo
      3,325 SF

      Fort Smith Flex Space Available

      New 3325 SF flex space near I-540.
      4600 Regions Park Dr, Fort Smith, AR 72916
      View Details
    • $3,750 /Mo
      4,460 SF

      Fort Smith Flex Space Available

      New 4460 SF flex space near I-540.
      4600 Regions Park Dr, Fort Smith, AR 72916
      View Details
    • $3,750 /Mo
      4,460 SF

      Fort Smith Flex Space Available

      New 4460 SF flex space near I-540.
      4600 Regions Park Dr, Fort Smith, AR 72916
      View Details
    • $2,300 /Mo
      3,100 SF

      Remodeled Office Space in Fort Smith

      Remodeled 3100 SF office space in historic district.
      7405 Terry St, Fort Smith, AR 72916
      View Details
    • $3,000 /Mo
      4,980 SF

      Fort Smith Commercial Space Available

      4980 SF flex space with warehouse and office components.
      918 Wheeler Ave, Fort Smith, AR 72901
      View Details
    • $20,999
      1,100 SF

      Chaffee Crossing Office and Warehouse

      Office and warehouse spaces available in high-demand commercial area.
      7501 Veterans Ave, Fort Smith, AR 72916
      View Details
    • $2,500 /Mo
      3,040 SF

      Phoenix Avenue Commercial Opportunity

      Standalone commercial property with high visibility on Phoenix Avenue.
      6812 Phoenix Ave, Fort Smith, AR 72903
      View Details
    • $2,250 /Mo
      4,000 SF

      Fort Smith Warehouse with Fenced Lot

      4000 SF warehouse with fenced storage in Fort Smith.
      3705 Wheeler Ave, Fort Smith, AR 72901
      View Details
    • $59,347
      13,964 SF

      Versatile Office/Warehouse Space Available

      Functional office and warehouse space for lease in Fort Smith.
      3904 Ayers Rd, Fort Smith, AR 72908
      View Details
    • New
      $56,952
      15,476 SF

      Fort Smith Auto Repair Garage

      Large auto repair garage with 9 bays for lease.
      1100 S O St, Fort Smith, AR 72901
      View Details
    • $20,412
      70,000 SF

      Fort Smith Warehouse Space

      70,000 sqft warehouse space in Fort Smith, Arkansas.
      3233 Zero St, Fort Smith, AR 72908
      View Details
    • $3,533 /Mo
      2,019 SF

      Fort Smith Office Space Available

      2,019 SF office building, formerly a bank branch.
      9201 S 71St St, Fort Smith, AR 72916
      View Details

    FAQs

    What type of property is this?
    Medical office - Fort Smith Office Building - 5,000 SF Available
    Where is this medical office located?
    The property is located at 3917 Rogers Ave Fort Smith, AR.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: High visibility from major thoroughfare.; High traffic counts ensure strong customer flow.; Ample parking accommodates numerous vehicles.
    (479) 478-6161 Call to check price and availability
    Request Owner's contact information
    3917 Rogers Ave Fort Smith, AR 72903
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3917 Rogers Ave
    Fort Smith, AR 72903
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3917 Rogers Ave Fort Smith, AR 72903
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chad Adair
    Chad Adair
    Real Estate License ID: AB00084468
    (479) 478-6161 (479) 206-0430
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!