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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
Price N/A
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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