3203 Waco St Fort Smith, AR 72903
For Sale
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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.
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Eastside Insurance Company Insurance Agency
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1-2-3 Shower & Bath LLC Renovation Specialist General Contractor
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1-2-3 Shower & Bath Renovation Specialist General Contractor
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Denton Contractors LLC Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.