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    31St St Fort Smith, AR 72903

    Sponsored
    For Sale
    Contact for pricing

    High-visibility lots near I-540 & Walmart.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional development opportunity presents multiple vacant lots totaling between 1.76 and 9.88 acres situated in a prime Fort Smith, Arkansas location. The property boasts high visibility on Highway 71 South, with Lots 5 and 6 strategically positioned on the corners of the well-lit intersection of Highway 71 South and South 31st Street. Lots 2 through 4 are conveniently located along South 31st Street. This advantageous location offers unparalleled access to major transportation arteries, being only 0.4 miles from Interstate 540 and a mere 0.7 miles from a Walmart Supercenter, ensuring high traffic volume and excellent exposure for any development. The flexibility of this offering extends to lot division, with the possibility of subdividing parcels into units as small as one acre, catering to a range of development projects. The land value ranges from $6 to $10 per square foot, with prices varying depending on lot size and location within the property. This presents a unique chance to acquire land in a thriving area with significant potential for commercial or residential development. The property is located in Sebastian County, Arkansas, with the address listed as Highway 71S & S. 31st St, Fort Smith, AR 72903.

    Property Features for 0 31St St

    General Information

    Property type
    Land
    Lot Size
    76,666 SF

    HighLights

    • High‑visibility development site in Fort Smith, AR, located at Hwy 71S & S. 31st St.
    • Lots range from 1.76 to 9.88 acres.
    • Land price: $6 - $10 per square foot.
    • Excellent location: 0.4 miles from I‑540 and 0.7 miles from Walmart.
    • Lots divisible down to 1 acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.3881262
    Latitude
    35.2951782

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    FAQs

    What type of property is this?
    Land - High-visibility lots near I-540 & Walmart.
    Where is this land located?
    The property is located at 31St St Fort Smith, AR.
    What are key features of this property?
    This property features: High-visibility development site in Fort Smith, AR, located at Hwy 71S & S. 31st St.; Lots range from 1.76 to 9.88 acres.; Land price: $6 - $10 per square foot.
    (479) 785-4343
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    31St St 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
    31St St Fort Smith, AR 72903
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