4600 Regions Park DrFort Smith, AR 72916

Property Details for 4600 Regions Park Dr

Lot size

6.74 AC

Property size (Sq ft)

13,637 SF

Property type

Office properties

Property subtype

Office buildings

APN

16461-0021-00000-00

APU

1646100210000000

Description

Runway Business Park offers exceptional new construction flex and warehouse space in Sebastian County. This development boasts three buildings totaling 26,000 square feet, with five available units ranging from 2,000 to 4,460 square feet. Ideal for businesses needing a blend of office and warehouse space, each unit features a 20-foot eave height, providing ample vertical storage capacity. The modern design includes heated and cooled office/showroom areas, complete with a convenient bathroom. Adding to the functionality, a mezzanine level above the office provides additional storage space. The warehouse area itself is also heated, ensuring a comfortable and productive work environment year-round. The park's prime location is less than one mile from Interstate 540, offering easy access to major transportation routes and enhancing logistical efficiency. Multiple tenancy options are available, catering to a variety of business needs and sizes. This is a rare opportunity to secure high-quality, newly constructed space in a strategic location. Contact us today to learn more about available units and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $1,188,762

  6.5%

  $1,097,319

  7%

  $1,018,939

• Comparable approach

  Method

  Valuation

  Relative Method

  $975,455

  Geo Method

  $975,455

• Alternative Use

  Use

  Valuation

  Residential

  $1,360,676

  Hospitality

  $1,246,372

  Educational

  $1,036,967

  Medical

  $1,072,630

  Retail

  $1,613,059

Location Insight

City

Fort Smith

County

Sebastian

State

Arkansas

Latitude

35.3248

Longitude

-94.3844

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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