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Office and Warehouse Space Available

2914 N O St Fort Smith, AR 72901

2914 N O St, Fort Smith, AR, 72901
Contact for pricing
For Sale
Contact for pricing

Office and warehouse space with secure, fenced-in yard.

Property Size17,300 SF
Lot Size8.00 Acres
Price / SF$72.25
Days on Market848

Property Features for 2914 N O St

General Information

Standard status
Active
Size
17,300 SF
Lot size
8.00 Acres
Property subtype
Industrial
Listing Agency Ghan & Cooper Commercial Properties
Listed by Tyler Teague · License #AR SA00079797
Source Crexi
Added: Mar 26, 2024 Updated: Jul 10 at 3:42 pm Checked: Jul 19 at 8:03 am

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 Ghan & Cooper Commercial Properties


Investment Insights

Based on property information with market context.

This property at 2914 N O Street in Fort Smith, AR, features a total of 17,300 SF of space, including 2,500 SF of office space and over 14,800 SF of warehouse space distributed across multiple buildings. The property also includes over 8 acres of secure, fenced-in yard space. This location has been occupied by Kraus Construction for more than 30 years. The seller is open to leasing the property.

Key Highlights

  • Over 8 acres of secure, fenced‑in yard space
  • Over 14,800 SF of warehouse space across multiple buildings
  • 2,500 SF of office space

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $155.7k $9.00
− Vacancy −$11.8k −$0.68
EGI $143.9k $8.32
− OpEx −$50.4k −$2.91
NOI $93.5k $5.41
17,300 SF · lease $9.00/SF/yr · vacancy 7.60% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,513 @ 7.0% cap · market cap 7.48%
Second Best
Warehouse
$1.13M
$988.2K – $1.32M (±1% cap)
NOI $79,054 @ 7.0% cap · market cap 6.32%
Theoretical Best
Healthcare Medical
$3.68M
$3.22M – $4.29M (±1% cap)
NOI $257,652 @ 7.0% cap · market cap 20.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Kraus Construction Co Construction Company

Suggested Use

Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Gym & Fitness Center Electrical Service Skin Care Clinic Pharmacy Storage Facility

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

FAQs

What type of property is this?
Flex space - Office and warehouse space with secure, fenced-in yard.
Where is this flex space located?
The property is located at 2914 N O St Fort Smith, AR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Over 8 acres of secure, fenced‑in yard space; Over 14,800 SF of warehouse space across multiple buildings; 2,500 SF of office space
Contact an agent
(479) 478-6161 Call to check price and availability
More about this property
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