Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    State Hwy 45 Fort Smith, AR

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    120 acres of vacant industrial land with I-540 frontage.

    Lot size:
    120.00 Acres

    Property Features for State Hwy 45

    General Information

    Lot size
    120.00 Acres

    We can help!

    Listing Contact
    Greta Barr
    Greta Barr
    Source: Moodyscre

    Listing Agency: Seiter & Wright Commercial Properties Listing Agent: Greta Barr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Industrial Land with Interstate Frontage

    This vacant industrial land is located southwest of Rheem Manufacturing on Highway 45 and Zero Street (Highway 255). The property consists of approximately 120 acres and features frontage on Interstate 540. The land may be divided. The price is dependent on the size and location of the portion chosen, varying between $1 and $6 per square foot.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.4
    Latitude
    35.33

    Nearby Similar for Sale

    • $599,000
      2,818 SF

      Corner Commercial Property in Fort Smith

      High-traffic commercial property with leasing income and development potential.
      2700 Grand Ave, Fort Smith, AR 72901
      View Details
    • New
      $750,000
      3,953 SF

      Remodeled Commercial Building with Nightlife

      Remodeled commercial building with bars, stage, dance floor, and patio.
      1004 Garrison Ave, Fort Smith, AR 72901
      View Details
    • $605,000
      7,031 SF

      Downtown Fort Smith Investment Opportunity

      Multi-tenant commercial building in historic downtown Fort Smith.
      219 Garrison Ave, Fort Smith, AR 72901
      View Details
    • $605,000
      7,031 SF

      Downtown Fort Smith Investment Opportunity

      Multi-tenant commercial property in historic downtown Fort Smith.
      219 Garrison Ave, Fort Smith, AR 72901
      View Details
    • $499,000
      10,112 SF

      Versatile Commercial Property with Income

      Two buildings plus cell tower on 1.09 acres.
      4301 S 16Th St, Fort Smith, AR 72901
      View Details
    • $600,000
      8,924 SF

      Historic Fort Smith Landmark Retail

      Rare opportunity to own a piece of Fort Smith history.
      510 Garrison Ave, Fort Smith, AR 72901
      View Details
    • New
      $1,149,000
      10,800 SF

      Iconic Commercial Property in Entertainment District

      10,800 SF mixed-use property in Fort Smith's Entertainment District.
      21 N 2Nd St, Fort Smith, AR 72901
      View Details
    • $599,000
      5,112 SF

      Remodeled Historical Office Building

      Remodeled office building featuring original woodwork and a third-story apartment.
      120 N 16Th St, Fort Smith, AR 72901
      View Details
    • $945,000
      13,964 SF

      Versatile Office/Warehouse Property For Sale

      Functional office and warehouse space suitable for various business operations.
      3904 Ayers Rd, Fort Smith, AR 72908
      View Details
    • $750,000
      3,953 SF

      Remodeled Commercial Building with Nightlife

      Remodeled commercial building with bars, stage, dance floor, and patio.
      1004 Garrison Ave, Fort Smith, AR 72901
      View Details
    • $995,000
      7,100 SF

      Fort Smith Hotel/Motel Opportunity

      7,100 SF Fort Smith hospitality property with income potential.
      1320 S Albert Pike Ave, Fort Smith, AR 72903
      View Details
    • New
      $160,000
      1,896 SF

      Versatile Commercial Building in Fort Smith

      Flexible commercial space with office and warehouse areas.
      6500 Pierce Dr, Fort Smith, AR 72908
      View Details

    FAQs

    What type of property is this?
    Land - 120 acres of vacant industrial land with I-540 frontage.
    Where is this land located?
    The property is located at State Hwy 45 Fort Smith, AR.
    What are key features of this property?
    This property features: - 120 acres of vacant industrial land, ready for development.; - Interstate frontage on I-540 for excellent visibility.; - Located on Highway 45 and Zero Street (Highway 255), providing multiple access points.
    (479) 462-2690 Call to check price and availability
    Request Owner's contact information
    State Hwy 45 Fort Smith, AR
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    State Hwy 45
    Fort Smith, AR
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    State Hwy 45 Fort Smith, AR
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Greta Barr
    Greta Barr
    (479) 462-2690 (479) 785-4343
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!