Office
For Sale
Contact for pricing
9201 S 71 Highway, Fort Smith, AR 72916
Office property with a documented banking history and a commercial address on S 71 Highway.
Property Size2,019 SF
Price / SF$1.75
Days on Market89
Property Features for 9201 S 71 Highway
General Information
Standard status
Active
Size
2,019 SF
Property subtype
CommercialLease
Listing Agency:
Sagely & Edwards Realtors
(479) 782-8911
Listed By:
Mont & Angel Sagely Team
(479) 462-5516
Source:
Assurancerealtyfsm
Added: Jul 20
Changed: Oct 15
Last Checked: Oct 16 at 8:15AM
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 Sagely & Edwards Realtors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building contains 2,019 square feet and was previously occupied by Armstrong Bank. The property is located at 9201 S 71 Highway in Fort Smith, Arkansas, providing a clearly identified commercial address for office use.
Key Highlights
- 2,019 square feet of office space
- Previously occupied by Armstrong Bank
- Located at 9201 S 71 Highway in Fort Smith, AR 72916
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,170
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,400
$403.4K
Cap Rate 7%
$288,143
$288.1K
Cap Rate 9%
$224,111
$224.1K
Market Conditions
NOI Build-Up for 2,019 SF
Gross rent
$29.1K $14.40/SF
− Vacancy
−$2.2K −$1.08/SF
EGI
$26.9K $13.32/SF
− OpEx
−$6.7K −$3.33/SF
NOI
$20.2K $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%
$403,400
Cap Rate 7%
$288,143
Cap Rate 9%
$224,111
Alternative Uses
Best Use
Office B
$288.1K
$252.1K – $336.2K
NOI $20,170 @ 7.0% cap · market cap 570.90%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$429.6K
$375.9K – $501.2K
NOI $30,069 @ 7.0% cap · market cap 851.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Explore this area
Business Placement
Demographics for 72916, AR
10,250
Population
4,720
Households
2.2
Avg Household Size
41
Median Age
45%
College-Educated
92%
High-School Grad
37.7 sq mi
ZIP Area
272
Density / Sq Mi
$88,125
Median Household Income
$51,444
Median Earnings
$1,212
Median Rent
$257,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office property with a documented banking history and a commercial address on S 71 Highway.
Where is this office building located?
The property is located at 9201 S 71 Highway Fort Smith, AR.
What are key features of this property?
This property features: 2,019 square feet of office space; Previously occupied by Armstrong Bank; Located at 9201 S 71 Highway in Fort Smith, AR 72916
