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    Property profile & analytics
    OFF-MARKET Estimated value $585,000
    Office buildings

    1820 Zero St, Fort Smith, AR 72901-8414

    7,612 SF 0.55 ac lot
    Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-0579419
    Property summary
    AI-generated overview

    This exceptional Class A office building, located at 1820 S Zero St in Fort Smith, Arkansas, is offered for sale at $725,000. The 7,612 square-foot building sits on a 0.55-acre lot, providing excellent visibility and frontage on Zero Street, a main arterial boasting over 27,000 vehicles per day. Built in 2000, this single-story structure offers a prime location near Walmart Supercenter and other major retailers, ensuring high traffic and exposure. The property benefits from its location in a thriving area with limited comparable office space availability. Fort Smith, a significant manufacturing hub in Arkansas, demonstrates robust growth and prosperity, with a population exceeding 135,000 within a 10-mile radius and an average household income of $71,804. This presents a unique opportunity for businesses seeking to establish or expand their presence in a dynamic and prosperous community. The price per square foot is $95.24. An adjoining warehouse is also available for purchase, presenting the possibility of acquiring a larger contiguous property. This is a remarkable opportunity to own a high-quality office building in a strategic location within a growing market.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Total area 7,612 SF
    Lot 0.55 ac (23,958 SF)
    APN 14258-0001-00000-00
    UPID US05-0579419
    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
    • K-Mac Enterprises Inc Corporate Office Business Park
    • Golden Partners Inc Association Or Organization
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $585k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $715k
    Blend (final) Blend
    $585k
    Owner & transaction history
    Shannon Nelke Incorporated · 1 yrs held
    Shannon Nelke Incorporated
    since 2024
    Last sale
    $585,000
    3 recorded transactions
    2024
    $585,000
    2021
    2005
    $1.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $740,000 +42.2%
    Retail stores $545,000 +4.3%
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