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    Property profile & analytics
    OFF-MARKET Estimated value $1,500,000
    Medical Office Space

    4300 Regions Park Dr, Fort Smith, AR 72916-9373

    6,960 SF 0.96 ac lot Built 2002
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US05-0975315
    Property summary
    AI-generated overview

    Exceptional investment opportunity in Fort Smith, Arkansas, presents a single-tenant, 6,960 square foot Class B medical office building situated on a 0.96-acre lot. The property, located at 4300 Regions Park Drive, boasts a strong, multi-year lease with Mercy, a reputable healthcare provider, ensuring consistent cash flow. The current lease agreement extends until April 30, 2033, with a built-in five-year renewal option, providing long-term stability and predictable income. The building is a single-story structure with a permitted C-5 zoning classification. Priced at $1,600,000, this represents a compelling price per square foot of $229.89. The property's 100% occupancy rate and established tenant minimize vacancy risk and maximize return on investment. The property's location in Sebastian County, Arkansas, zip code 72916, offers convenient access to major transportation routes and a thriving medical community. This is an ideal investment for those seeking a stable, high-performing asset in the healthcare sector. The property's strong lease terms and established tenant make it a low-risk, high-reward opportunity. The asking price reflects the property's value and potential for future appreciation. This is a turnkey investment ready to generate immediate income. The APN is 16461-0024-00000-00.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2002
    Total area 6,960 SF
    Lot 0.96 ac (41,818 SF)
    APN 16461-0024-00000-00
    UPID US05-0975315
    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
    • Terry Lynn Clark, MD Physician
    • Mercy Clinic Occupational Medicine-Regions Park Medical Clinic
    • Mercy Clinic Occupational Medicine - Regions Park Medical Clinic
    • Ian Thomas Cheyne, MD Physician
    • Dr. Ian Cheyne Pediatrician Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.50M
    CAP Approach CAP
    $1.60M
    Comparable Approach Comparable
    $1.01M
    Blend (final) Blend
    $1.50M
    Owner & transaction history
    Double L Invesmtents Of Booneville · 1 yrs held
    Double L Invesmtents Of Booneville
    since 2024
    Last sale
    $1.5M
    6 recorded transactions
    2024
    $1.5M
    2022
    $13,725
    2020
    2014
    $487,000
    2009
    $450
    2008
    $1.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.4M +7.4%
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