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    7600 Wells Lake Rd Fort Smith, AR 72916

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    For Sale
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    Prime Development Land, Chaffee Crossing

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 6.195-acre commercial and residential land parcel presents a unique investment opportunity in the thriving Chaffee Crossing area of Fort Smith, Arkansas. Located at the highly visible corner of Wells Lake Road and McClure Drive, this property offers unparalleled visibility and accessibility. The site is part of a master-planned development, allowing for flexibility in acquisition – the entire parcel is available, or individual lots can be purchased to suit specific project needs. The property's zoning allows for a variety of uses, making it ideal for multifamily residential projects or commercial/office developments. The strategic location within Chaffee Crossing provides access to existing infrastructure and amenities, minimizing development hurdles. Build-to-suit options are also available, providing further customization opportunities for prospective developers. The property's APN is 18883-0000-04102-00. This is a rare chance to secure a significant land holding in a rapidly growing area with strong potential for substantial returns. The address is 7600 Wells Lake Rd, Fort Smith, AR 72916, within Sebastian County. Detailed site plans and further information are available upon request. This property is zoned for both commercial and residential use, offering a wide range of development possibilities.

    Property Features for 7600 Wells Lake Rd

    General Information

    Property type
    Land
    Lot Size
    269,854 SF

    HighLights

    • 6.195‑acre commercial and residential land parcel in Fort Smith, AR.
    • Located at the corner of Wells Lake Road and McClure Drive in Chaffee Crossing.
    • Suitable for multifamily or commercial/office development.
    • Build‑to‑suit options available.
    • APN: 18883‑0000‑04102‑00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.3442562
    Latitude
    35.3140598

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    FAQs

    What type of property is this?
    Land - Prime Development Land, Chaffee Crossing
    Where is this land located?
    The property is located at 7600 Wells Lake Rd Fort Smith, AR.
    What are key features of this property?
    This property features: 6.195-acre commercial and residential land parcel in Fort Smith, AR.; Located at the corner of Wells Lake Road and McClure Drive in Chaffee Crossing.; Suitable for multifamily or commercial/office development.
    Request Owner's contact information
    7600 Wells Lake Rd Fort Smith, AR 72916
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    Fort Smith, AR 72916
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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
    7600 Wells Lake Rd Fort Smith, AR 72916
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