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    6200 Phoenix Ave Fort Smith, AR 72903

    Sponsored
    For Sale
    Contact for pricing

    Prime location, build-to-suit options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional commercial and residential land offering presents a unique investment opportunity in Fort Smith, Arkansas. Located at 6200 Phoenix Ave, this property boasts excellent visibility from I-540 and approximately 1,800 feet of frontage on Phoenix Avenue, a highly traveled thoroughfare. The site benefits from convenient access to I-540 and Fort Smith Regional Airport, making it ideal for various development projects. The area is experiencing rapid growth, further enhancing its investment potential. The property is situated near the newly constructed VA Clinic. Multiple lot sizes are available, ranging from 1.10 acres to 6.46 acres, with purchase prices varying from $6 to $16 per square foot depending on the lot. Specifically, Lot 1 (1.38 acres) and Lots 2-4 (1.10, 1.52, and 1.51 acres respectively) are priced at $16 per square foot. Lot 5 (2.26 acres) is priced at $12 per square foot, Lot 6 (1.10 acres) at $13 per square foot, Lot 7 (3.90 acres) at $11 per square foot, and Lot 8 (6.46 acres) at $6 per square foot. The property is zoned C-5, allowing for a wide range of commercial and residential uses. The high traffic count of approximately 20,000 vehicles further underscores the property's strategic location and development potential. This property is suitable for build-to-suit projects, ground leases, or outright purchase, offering flexibility to meet diverse investment strategies. The APN is 18883-0000-01394-00. Utilities are available.

    Property Features for 6200 Phoenix Ave

    General Information

    Property type
    Land
    Lot Size
    47,916 SF

    HighLights

    • Exceptional commercial and residential land investment opportunity in Fort Smith, AR.
    • High‑traffic location with 20,000 vehicles daily, offering excellent visibility from I‑540 and 1,800 feet of frontage on Phoenix Ave.
    • Convenient access to I‑540 and Fort Smith Regional Airport.
    • Multiple lot sizes available (1.10 to 6.46 acres) priced from $6 to $16 per square foot, with C‑5 zoning allowing diverse commercial and residential uses.
    • Adjacent to a newly constructed VA Clinic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -94.365943939952
    Latitude
    35.348823304686

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    FAQs

    What type of property is this?
    Land - Prime location, build-to-suit options.
    Where is this land located?
    The property is located at 6200 Phoenix Ave Fort Smith, AR.
    What are key features of this property?
    This property features: Exceptional commercial and residential land investment opportunity in Fort Smith, AR.; High-traffic location with 20,000 vehicles daily, offering excellent visibility from I-540 and 1,800 feet of frontage on Phoenix Ave.; Convenient access to I-540 and Fort Smith Regional Airport.
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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
    6200 Phoenix Ave Fort Smith, AR 72903
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