3904 Ayers RdFort Smith, AR 72908

Property Details for 3904 Ayers Rd

Lot size

0.99 AC

Property size (Sq ft)

13,964 SF

Property type

Office properties

Property subtype

Office buildings

APN

14000-0004-00000-02

APU

1400000040000002

Description

This 13,964-square-foot industrial building in Fort Smith, AR, offers a versatile space ideal for manufacturing, flex, warehouse, or distribution operations. Located at 3904 Ayers Road, on the southeast corner of Ayers and Ball Road, this single-tenant property features 2,500 square feet of dedicated office space with natural light. The building includes three ADA-compliant restrooms, a 12 x 14 grade-level overhead door, an additional indoor overhead door, and a double-door side entry for efficient material handling and personnel access. Built in 1990 and renovated in 2018, this Class B property boasts a 16-foot ceiling height, 29 parking spaces, one drive-in door, and 3-phase power. The property sits on one acre of land and is zoned industrial. Taxes are $0.40 per square foot. The building offers a blend of modern updates and functional design, making it an excellent opportunity for businesses seeking a well-maintained and strategically located industrial space. The asking price is $925,000. This property is conveniently located near Hwy. 45 and Ball Road, offering easy access to major transportation routes.

• CAP approach

  CAP return

  Valuation

  6%

  $1,217,268

  6.5%

  $1,123,632

  7%

  $1,043,372

• Comparable approach

  Method

  Valuation

  Relative Method

  $998,845

  Geo Method

  $998,845

• Alternative Use

  Use

  Valuation

  Residential

  $1,393,303

  Hospitality

  $1,276,258

  Educational

  $1,061,832

  Medical

  $1,098,350

  Retail

  $1,651,738

Location Insight

City

Fort Smith

County

Sebastian

State

Arkansas

Latitude

35.3093

Longitude

-94.39

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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