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    1109 16Th St Fort Smith, AR 72901

    For Sale
    $995,000

    8,457 SF Office Building, $995,000

    Property size:
    8,457 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a two-story, 8,457 square foot Class B office building located at 1109 S 16th St, Fort Smith, Arkansas, 72901. Built in 1992, this property sits on a 0.39-acre lot and is zoned C-2 & T, offering versatile usage potential. The building boasts ample parking, a significant advantage for employees and clients. Inside, you'll find a well-designed layout including twenty private offices, strategically distributed across both floors. Additional features include a welcoming reception/waiting area, a spacious conference room ideal for meetings and presentations, and multiple storage rooms for efficient organization. A convenient breakroom adds to the functionality and comfort of the space. The property's APN is 12763-0003-00096-00. This owner/user investment presents a strong opportunity to establish a presence in a thriving Fort Smith location. The building's solid construction and functional design make it an attractive option for a variety of businesses seeking a comfortable and efficient workspace. The combination of private offices, shared amenities, and ample parking makes this a highly desirable property. Serious inquiries are encouraged.

    Property Features for 1109 16Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,457 SF
    Class
    B
    Lot Size
    16,988 SF

    Building Details

    Year Built
    1992
    Buildings
    1
    Stories
    2

    HighLights

    • Abundant on‑site parking.
    • Secure storage rooms available.
    • Building features twenty private offices.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Frontier Mpo Regional Government Office Western Arkansas Planning ... Non-Profit Organization

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.4161863
    Latitude
    35.3729869

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    FAQs

    What type of property is this?
    Office Property / Space - 8,457 SF Office Building, $995,000
    Where is this office property / space located?
    The property is located at 1109 16Th St Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Abundant on-site parking.; Secure storage rooms available.; Building features twenty private offices.
    (479) 478-6161
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    1109 16Th St Fort Smith, AR 72901
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    Fort Smith, AR 72901
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    Realmo Value Estimation

    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.

    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.

    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
    1109 16Th St Fort Smith, AR 72901
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