46th St Ft Fort Smith, AR 72903

This exceptional 0.5-acre commercial land parcel presents a unique investment opportunity in Fort Smith, Arkansas. Located at the hard corner of Phoenix Avenue and S 46th Street (zip code 72903), this single-tenant property offers significant potential. The site is situated in a thriving area, adjacent to the newly constructed Class "A" retail development, Phoenix Landing, which features a 1,300-square-foot suite currently available for lease at $32.00 per square foot, NNN. The property's strategic location benefits from its proximity to other commercial properties, including a 2.12-acre lot also available for sale nearby. This high-traffic area is a popular shopping destination in Fort Smith, conveniently located near the Fort Smith Pavilion and Fort Smith Regional Airport. The surrounding area boasts dense residential neighborhoods and the prominent ArcBest Technologies corporate headquarters, ensuring a strong customer base. Recreational amenities such as Parrot Island Waterpark and Hardscrabble Golf Course, as well as the charm of Historic Downtown Fort Smith, are also within easy reach. The ground lease is available for $89,000 per year. This property offers an excellent chance to establish a presence in a dynamic and rapidly growing commercial sector.