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    3203 Waco St Fort Smith, AR 72903

    Sponsored
    For Sale
    $395,000

    Class A Office, 2328 SF, $395,000

    Property size:
    2,328 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A office building, located at 3203 Waco St in Fort Smith, Arkansas, presents a unique investment opportunity. The 2,328 square foot building sits on a 0.46-acre lot (APN 12491-0007-00004-00) and is currently 100% occupied under a gross lease with a single tenant. The asking price is $395,000, translating to $169.67 per square foot. The interior features four private offices, two closets, a half bath, a conference room with a full bath, a spacious open reception area, and a convenient kitchen. An alarm system is already installed for enhanced security. Adding significant value is a 975 square foot shop situated within a fenced area, ideal for storage or additional workspace. This centrally located property in Sebastian County, zip code 72903, offers excellent accessibility and visibility. The property's features and location make it an attractive investment for both owner-occupiers and investors seeking a strong return. The building's high-quality construction and desirable amenities ensure a comfortable and productive work environment. This is a rare opportunity to acquire a well-maintained, fully occupied Class A office building with additional shop space in a prime Fort Smith location.

    Property Features for 3203 Waco St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,328 SF
    Class
    A
    Lot Size
    20,038 SF

    HighLights

    • $395,000 asking price for a Class A, 2,328 SF office building.
    • Gross lease, single tenant, 100% occupancy.
    • Located at 3203 Waco St, Fort Smith, AR 72903, on a 0.46‑acre lot.
    • Features four private offices, two closets, a half bath, a conference room with a full bath, an open reception area, and a kitchen.
    • Includes a 975 SF fenced shop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Eastside Insurance Company Insurance Agency 1-2-3 Shower & Bath ... Bathroom Remodeler 1-2-3 Shower & Bath Bathroom Remodeler Denton Contractors LLC Home Builder

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage 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
    -94.39924521
    Latitude
    35.331266

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 2328 SF, $395,000
    Where is this office property / space located?
    The property is located at 3203 Waco St Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: $395,000 asking price for a Class A, 2,328 SF office building.; Gross lease, single tenant, 100% occupancy.; Located at 3203 Waco St, Fort Smith, AR 72903, on a 0.46-acre lot.
    (479) 478-6161
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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
    3203 Waco St Fort Smith, AR 72903
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