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Property profile & analytics
FOR SALE
Office buildings
2914 N O St, Fort Smith, AR 72901
Individually Owned
Free & Clear
Property ID
US05-1160416
For Sale
1 / 55
$1,250,000
2914 N O St, Fort Smith, AR 72901
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Property summary
AI-generated overview
This exceptional 17,300 square foot industrial property in Fort Smith, Arkansas, presents a unique owner-user opportunity. Located at 2914 N O St, this Class B building boasts a combination of warehouse and office space, ideal for a variety of businesses. The warehouse component totals over 14,800 square feet, complemented by 2,500 square feet of office space, spread across three buildings. The asking price is $1,250,000, translating to $72.25 per square foot. The property sits on a substantial 8-acre lot, providing ample secure, fenced-in yard space for storage or operations. The property is currently vacant, offering immediate occupancy. Zoned I-1, this location benefits from its established history as a successful business site for over three decades. Large drive-in doors facilitate efficient loading and unloading. This is a rare opportunity to acquire a well-situated, versatile industrial property with significant space and yard area in a prime Fort Smith location. The property is located in Sebastian County, Arkansas, zip code 72901.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
11,904 SF
Lot
7.94 ac (345,866 SF)
APN
18112-0050-00001-00
UPID
US05-1160416
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
-
Kraus Construction Co Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$965k
Owner & transaction history
Kraus Robert
Kraus Robert
since 2026
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+42.2%
Retail stores
$850,000
+4.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Smith submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Smith submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$815,000
Current use
AUTO REPAIR, GARAGE
$1,160,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$850,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$81 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,960
Tax year 2024
Assessed value
$113,520
Assessed 2024
Previous assessed
$113,520
+0.0% YoY
Effective rate
5.25%
On assessed value
Assessed land
$47,240
Assessed improvement
$66,280
Land market value
$236,200
Improvement market value
$331,400
Total market value
$567,600
Applied tax rate
99.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Heating
NONE
Cooling
NONE
Stories
2
Units
1
Total area
11,904 SF
Lot
7.94 ac (345,866 SF)
APN
18112-0050-00001-00
UPID
US05-1160416
Jurisdiction
SEBASTIAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$815,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$850,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
7.94 ac
Current owner
From public records · entity-resolved
Kraus Robert
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 5170, FORT SMITH, AR 72913-5170
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2026
—
Kraus Robert
Kraus Robert
Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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