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Property profile & analytics
FOR SALE
Office buildings

3203 Waco St Fort Smith, AR 72903

2,328 SF 0.46 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US05-1322801
Property summary
AI-generated overview

This exceptional Class A office building, located at 3203 Waco St in Fort Smith, Arkansas, presents a unique investment opportunity. The 2,328 square foot building sits on a 0.46-acre lot (APN 12491-0007-00004-00) and is currently 100% occupied under a gross lease with a single tenant. The asking price is $395,000, translating to $169.67 per square foot. The interior features four private offices, two closets, a half bath, a conference room with a full bath, a spacious open reception area, and a convenient kitchen. An alarm system is already installed for enhanced security. Adding significant value is a 975 square foot shop situated within a fenced area, ideal for storage or additional workspace. This centrally located property in Sebastian County, zip code 72903, offers excellent accessibility and visibility. The property's features and location make it an attractive investment for both owner-occupiers and investors seeking a strong return. The building's high-quality construction and desirable amenities ensure a comfortable and productive work environment. This is a rare opportunity to acquire a well-maintained, fully occupied Class A office building with additional shop space in a prime Fort Smith location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 2,328 SF
Lot 0.46 ac (20,251 SF)
APN 12491-0007-00004-00
UPID US05-1322801
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
  • Eastside Insurance Company Insurance Agency
  • 1-2-3 Shower & Bath LLC Renovation Specialist General Contractor
  • 1-2-3 Shower & Bath Renovation Specialist General Contractor
  • Denton Contractors LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Branson Homes LLC · 8 yrs held
Branson Homes LLC
since 2018
4 recorded transactions
2018
$237,000
2018
$225,000
2009
$165,000
2006
$70,000
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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