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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5007 35th St Fort Smith, AR 72903-6870

    • Flex space
    • 9,200 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-1451432
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ace Hydraulics / Hydraulic Repair Service

    Property Details for 5007 35th St

    Lot size
    0.48 lot acres
    Property size
    9,200 SF
    Property type
    Flex space
    APN
    12508-0003-00013-00
    APU
    1250800030001300

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.3954
    Latitude
    35.3342
    CBSA code
    22900
    CBSA name
    FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,912
    $8,400
    $28,020
    $36,420
    -
    $42,000
    $140,100
    $182,100

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      5015 35th St

      LIGHT INDUSTRIAL • 10,000 SF
      5015 35th St, Fort Smith, AR 72903-6870
      View Details
    • Value Estimation
      $2,220,000
      247,996 SF

      3501 Tulsa St

      LIGHT INDUSTRIAL • 247,996 SF
      3501 Tulsa St, Fort Smith, AR 72903-6809
      View Details
    • Value Estimation
      $5,000,000
      378,697 SF

      4811 Zero St

      LIGHT INDUSTRIAL • 378,697 SF
      4811 Zero St, Fort Smith, AR 72903-6932
      View Details
    • Value Estimation
      $580,000
      146,883 SF

      5201 34th St

      LIGHT INDUSTRIAL • 146,883 SF
      5201 34th St, Fort Smith, AR 72903-6868
      View Details
    • Value Estimation by Request
      14,801 SF

      5100 35th St

      LIGHT INDUSTRIAL • 14,801 SF
      5100 35th St, Fort Smith, AR 72903-6871
      View Details
    • Value Estimation
      $1,245,000
      84,770 SF

      6500 Zero St

      LIGHT INDUSTRIAL • 84,770 SF
      6500 Zero St, Fort Smith, AR 72903-6521
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      840 SF

      Premier Mixed-Use Commercial Space

      Mixed-use commercial space with utilities and fiber-optic connectivity.
      5300 S Zero St, Fort Smith, AR 72903
      View Details
    • $1,050,000
      Pending

      Versatile Commercial Space, Fort Smith

      High-visibility commercial property with retail, warehouse, and office potential.
      9705 Rogers Ave, Fort Smith, AR 72903
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    • $345,000
      1.58 Acres

      Fort Smith Industrial Land Parcel

      1.58-acre I-1 zoned lot, $345,000
      5720 Massard Rd, Fort Smith, AR 72903
      View Details
    • $695,000
      1.30 Acres

      Fort Smith Commercial Land - 1.3 Acres

      Prime Commercial/Industrial Land, High Traffic Area
      2219 Waldron Rd, Fort Smith, AR 72903
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    • $5,766,350

      Fort Smith Agricultural Land Investment

      Prime AR farmland, commercial zoning.
      7401 Zero St, Fort Smith, AR 72903
      View Details
    • Contact for pricing
      0.72 Acres

      Massard Road Commercial Land

      Fort Smith, AR commercial lots
      0 Massard Rd, Fort Smith, AR 72903
      View Details

    Similar Nearby for Lease

    • $1,750 /Mo
      2,275 SF

      Versatile Flex Space in Fort Smith

      Flex space in high-traffic Fort Smith shopping center.
      6802-6808 Rogers Ave, Fort Smith, AR 72903
      View Details
    • $1,700 /Mo
      3,200 SF

      Warehouse with Office Space

      3,200 SF warehouse with office space for lease.
      5007-5009 S 35Th St, Fort Smith, AR 72903
      View Details
    • Contact for pricing
      863,000 SF

      Central Mall Retail Space Available

      Fort Smith, AR Shopping Mall - 28 Spaces
      5111 Rogers Ave, Fort Smith, AR 72903
      View Details
    • $16 SF/Yr
      94,903 SF

      Arvest Tower Office Space

      Fort Smith, AR office suites available.
      5000 Rogers Ave, Fort Smith, AR 72903
      View Details
    • $10 SF/Yr
      1,350 SF

      Retail Spaces in La Villa

      Retail spaces available in La Villa Shopping Center.
      1217 S Waldron Rd, Fort Smith, AR 72903
      View Details
    • $450 /Mo
      330 SF

      Second Floor Office Space

      Office space for rent, approximately 330 square feet.
      5008 S U St, Fort Smith, AR 72903
      View Details
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    Fort Smith, AR 72903-6870
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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