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    FOR SALE
    Commercial real estate

    1109 16Th St, Fort Smith, AR 72901

    8,457 SF 0.39 ac lot Built 1992
    Property ID
    US05-0369833
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a two-story, 8,457 square foot Class B office building located at 1109 S 16th St, Fort Smith, Arkansas, 72901. Built in 1992, this property sits on a 0.39-acre lot and is zoned C-2 & T, offering versatile usage potential. The building boasts ample parking, a significant advantage for employees and clients. Inside, you'll find a well-designed layout including twenty private offices, strategically distributed across both floors. Additional features include a welcoming reception/waiting area, a spacious conference room ideal for meetings and presentations, and multiple storage rooms for efficient organization. A convenient breakroom adds to the functionality and comfort of the space. The property's APN is 12763-0003-00096-00. This owner/user investment presents a strong opportunity to establish a presence in a thriving Fort Smith location. The building's solid construction and functional design make it an attractive option for a variety of businesses seeking a comfortable and efficient workspace. The combination of private offices, shared amenities, and ample parking makes this a highly desirable property. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1992
    Total area 8,457 SF
    Lot 0.39 ac (16,988 SF)
    APN 12763-0003-00096-00
    UPID US05-0369833
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Frontier Mpo Regional Government Office
    • Western Arkansas Planning & Development District Charitable Organization Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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