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    28Th St Fort Smith, AR 72903

    Sponsored
    For Sale
    Contact for pricing

    High-visibility lots, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional commercial land offering presents a rare opportunity for investors and developers. Located in Fort Smith, Arkansas, this property comprises two contiguous vacant lots totaling between 2.5 and 2.9 acres. The land is strategically positioned between Highway 71 South and South 28th Street in Sebastian County, zip code 72903, boasting exceptional visibility and high traffic counts, with an estimated 17,000 vehicles passing daily. The property is zoned C-5, allowing for a wide range of commercial uses, making it suitable for various development projects. The individual lot sizes and pricing are as follows: a 2.5-acre tract is available for $218,000, and a 2.9-acre tract is priced at $253,000. Both lots are offered together for a combined price of $470,000. This prime location and flexible zoning make this an attractive investment with significant potential for future growth and return. The coordinates are approximately 35.332501 latitude and -94.4042609 longitude. Don't miss this chance to acquire a highly visible and versatile commercial property in a thriving Arkansas market.

    Property Features for 0 28Th St

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • 2.5‑acre tract, $218,000.
    • 2.9‑acre tract, $253,000.
    • Both tracts totaling approximately 2.5‑2.9 acres for $470,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.4042609
    Latitude
    35.332501

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    FAQs

    What type of property is this?
    Land - High-visibility lots, ideal for development.
    Where is this land located?
    The property is located at 28Th St Fort Smith, AR.
    What are key features of this property?
    This property features: 2.5-acre tract, $218,000.; 2.9-acre tract, $253,000.; Both tracts totaling approximately 2.5-2.9 acres for $470,000.
    (479) 785-4343
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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
    28Th St Fort Smith, AR 72903
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