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    4618 Wheeler Ave Fort Smith, AR 72901

    Sponsored
    For Lease
    $4 SF/Yr ($7,500 /Mo)

    Versatile warehouse space, 2,000-20,000 sq ft.

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Fort Smith industrial property, located at 4618 Wheeler Ave, offers 20,000 square feet of flexible space ideal for various uses, including warehouse, distribution, and R&D. The single-story, Class B building, constructed in 1990 and renovated in 2021, sits on a 2.25-acre lot with ample parking (50+ spaces). The property features a 13-foot ceiling height, enhancing storage and operational efficiency. Multiple suites are available, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 20,000 square feet. Currently, 12,800 square feet is vacant. The property boasts convenient access via Wheeler Ave and Phoenix Ave, and is zoned I-2. Loading capabilities include one dock-high door and two drive-in doors. One section (12,000 sq ft) includes a dock door and restrooms, while another (8,000 sq ft) offers a 12-foot grade-level door and ADA-compliant restrooms. The property also features a fenced parking lot and a grassy area accessible to tenants. This versatile property presents a unique opportunity for businesses seeking flexible and well-equipped industrial space in a prime Fort Smith location. The 331-foot frontage provides excellent visibility.

    Property Features for 4618 Wheeler Ave

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Class
    B
    Total Rate
    7500

    Building Details

    Year Built/Renovated
    1990/2021
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 4610 Wheeler Ave
    Size
    12,000 SF
    Rate per SF
    $4

    HighLights

    • High‑visibility corner lot.
    • Proximity to Phoenix Shared Services Center.
    • Excellent highway access via Highway 255.
    • High traffic counts (Wheeler Ave: 15,000 VPD, Phoenix Ave: 11,000 VPD).
    • Includes private offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pampered pets and Grooming Pet Groomer

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.4275707
    Latitude
    35.3395106

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    FAQs

    What type of property is this?
    Life science property - Versatile warehouse space, 2,000-20,000 sq ft.
    Where is this life science property located?
    The property is located at 4618 Wheeler Ave Fort Smith, AR.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: High-visibility corner lot.; Proximity to Phoenix Shared Services Center.; Excellent highway access via Highway 255.
    Request Owner's contact information
    4618 Wheeler Ave 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

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    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
    4618 Wheeler Ave Fort Smith, AR 72901
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