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    8701 Rogers Ave Fort Smith, AR 72903

    Sponsored
    For Sale
    $542,322

    High-traffic Fort Smith lot, $542,322

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 36,258 square foot development site is ideally situated on Rogers Avenue in Fort Smith, Arkansas, boasting a prime location with high visibility and significant daily traffic volume of 26,000 cars. The property is directly across from a Walmart Supercenter and is surrounded by a thriving commercial environment including a Furniture Factory Outlet, three large strip centers, multiple banks, and a McDonald's. This presents a unique opportunity for developers seeking a high-traffic location with established surrounding businesses. The land is priced at $15 per square foot, totaling $542,322. Alternatively, a monthly lease of $3,500 is available. Fort Smith, located on the Arkansas-Oklahoma border, is Arkansas's second-largest city, with a population of 85,000 and a Metropolitan Statistical Area (MSA) of approximately 298,000 people spanning five counties. This presents a strong market for commercial development. The property's address is 8701 Rogers Ave, Fort Smith, AR 72903, in Sebastian County.

    Property Features for 8701 Rogers Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.3350899
    Latitude
    35.346501

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    FAQs

    What type of property is this?
    Land - High-traffic Fort Smith lot, $542,322
    Where is this land located?
    The property is located at 8701 Rogers Ave Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $542,322.
    (479) 785-4343
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    8701 Rogers Ave Fort Smith, AR 72903
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    Realmo Value Estimation

    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.

    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.

    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
    8701 Rogers Ave Fort Smith, AR 72903
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