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    Property profile & analytics

    8101 Flagstone Rd Fort Smith, AR 72916-6016

    • Distribution centers
    • 23,570 SF
    • 12.98 lot acres
    OFF-MARKET
    Value Estimations
    $1,485,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0962447
    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

    • Old Dominion Freight Line / Trucking Company

    Property Details for 8101 Flagstone Rd

    Year built
    2013
    Lot size
    12.98 lot acres
    Property size
    23,570 SF
    Property type
    Distribution centers
    APN
    15770-0001-00000-00
    APU
    1577000010000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,795,000
      6.5%
      $1,655,000
      7%
      $1,540,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,602,000
      Market price range: $624k - $1.60M
      AI Estimate
      $1,198,000
      Market price range: $287k - $1.20M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,180,000
      Current use
      AUTO REPAIR, GARAGE
      $2,295,000
      Change: +95% Conversion: Easy
      RETAIL STORES
      $2,000,000
      Change: +70% Conversion: Moderate
      OFFICE BUILDING
      $1,740,000
      Change: +48% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $975,000
      Change: -17% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.3202
    Latitude
    35.3057
    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
    $19,892
    $84,810
    $278,840
    $363,650
    -
    $424,050
    $1,394,200
    $1,818,250

    Comparable in this City

    • Value Estimation by Request
      500,000 SF

      8201 Flagstone Rd

      Distribution properties • 500,000 SF
      8201 Flagstone Rd, Fort Smith, AR 72916
      View Details
    • Value Estimation
      $7,020,000
      252,528 SF

      6201 State Line Rd

      DISTRIBUTION WAREHOUSE • 252,528 SF
      6201 State Line Rd, Fort Smith, AR 72916-4126
      View Details
    • Value Estimation
      $3,995,000
      63,360 SF

      4501 Industrial Dr

      DISTRIBUTION WAREHOUSE • 63,360 SF
      4501 Industrial Dr, Fort Smith, AR 72916-8838
      View Details
    • Value Estimation
      $835,000
      13,250 SF

      6301 Pr Dr

      DISTRIBUTION WAREHOUSE • 13,250 SF
      6301 Pr Dr, Fort Smith, AR 72916-9223
      View Details
    • Value Estimation by Request
      2,400 SF

      5950 Commerce Rd

      WAREHOUSE, STORAGE • 2,400 SF
      5950 Commerce Rd, Fort Smith, AR 72916-8370
      View Details
    • Value Estimation by Request
      7,680 SF

      7705 Ft Chaffee Blvd

      WAREHOUSE, STORAGE • 7,680 SF
      7705 Ft Chaffee Blvd, Fort Smith, AR 72916
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10.39 Acres

      Fort Smith Industrial Land - 10 Acres

      Prime 10-acre industrial lot, rail access.
      8300 State Hwy 45, Fort Smith, AR 72916
      View Details
    • Contact for pricing
      100.58 Acres

      100-Acre Industrial Site Hwy 45

      Arkansas Land: Highway 45 Frontage
      9501 State Hwy 45, Bonanza, AR 72916
      View Details
    • $267,900
      3,000 SF

      Fort Smith Warehouse For Sale

      3000 sq ft warehouse near I-49/Hwy 71S interchange.
      6605 Old Harrison Ln, Fort Smith, AR 72916
      View Details
    • $314,000
      0.72 Acres

      Fort Smith Industrial Land Parcel

      0.72-Acre I-1 Zoned Lot, $314,000
      5808 Massard Rd, Fort Smith, AR 72916
      View Details
    • Contact for pricing
      11.43 Acres

      Highway 45 Industrial Land

      11+ Acres, Highway 45 Frontage, Flexible Subdivision
      5001 Excelsior Dr, Fort Smith, AR 72916
      View Details
    • $1,500,000
      200 SF

      Fort Smith Storage and Shop

      Storage units with shop/office and expansion potential.
      718 Highway 45 S, Fort Smith, AR 72916
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      261,000 SF

      Fort Smith Warehouse - Rail Access

      261,000 SF Industrial Space Available
      416 5Th St, Fort Smith, AR 72916
      View Details
    • $10 SF/Yr
      26,000 SF

      Runway Business Park: Flex Space Available

      Modern Flex/Warehouse Units, I-540 Proximity
      4600 Regions Park Dr, Fort Smith, AR 72916
      View Details
    • $3,750 /Mo
      4,460 SF

      Fort Smith Flex Space Available

      New 4460 SF flex space near I-540.
      4600 Regions Park Dr, Fort Smith, AR 72916
      View Details
    • $57,600
      12,000 SF

      Fort Smith Warehouse for Lease

      12,000 SF warehouse in Fort Smith for lease.
      5703 Steep Hill Rd, Fort Smith, AR 72916
      View Details
    • Contact for pricing
      148,736 SF

      Fort Smith Industrial Space

      Industrial property available for lease in Fort Smith, Arkansas.
      8501 Highway 45, Fort Smith, AR 72916
      View Details
    • $20,999
      1,100 SF

      Chaffee Crossing Office and Warehouse

      Office and warehouse spaces available in high-demand commercial area.
      7501 Veterans Ave, Fort Smith, AR 72916
      View Details
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    Fort Smith, AR 72916-6016
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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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