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    1200 Fresno St Fort Smith, AR 72903

    Sponsored
    For Sale
    $769,000

    8.4 Acres, C-5 & R-3 Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.4-acre parcel presents a remarkable investment opportunity in Fort Smith, Arkansas. Located at the highly visible corner of Towson Avenue and South Fresno Street, this cleared and level land boasts a strategic position within Sebastian County. The property's zoning designation, encompassing both C-5 and R-3 MF, unlocks a diverse range of development possibilities. Ideal for a warehouse facility, the C-5 zoning allows for a variety of commercial uses. Simultaneously, the R-3 MF zoning opens the door to the construction of a multi-family residential complex, catering to the growing housing demand in the area. The expansive lot size provides ample space for large-scale projects, offering significant potential for substantial returns. The address is 1200, 1304 S. Fresno St, Fort Smith, AR 72903. This prime location, combined with its flexible zoning and significant acreage, makes this property an attractive proposition for discerning investors seeking a high-impact development project. The asking price is $769,000. Don't miss this chance to acquire a substantial piece of land in a thriving Arkansas market.

    Property Features for 1200 Fresno St

    General Information

    Property type
    Land
    Lot Size
    365,904 SF

    HighLights

    • $769,000 asking price.
    • 8.4‑acre commercial land parcel.
    • Located at the corner of Towson Avenue and South Fresno Street in Fort Smith, AR.
    • Zoned C‑5 & R‑3 MF, ideal for warehouse or multi‑family development.
    • Address: 1200, 1304 S. Fresno St, Fort Smith, AR 72903.
    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 Hair Salon Auto Repair Shop 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
    -94.4208012
    Latitude
    35.3516376

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    FAQs

    What type of property is this?
    Land - 8.4 Acres, C-5 & R-3 Zoning, Prime Location
    Where is this land located?
    The property is located at 1200 Fresno St Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $769,000.
    What are key features of this property?
    This property features: $769,000 asking price.; 8.4-acre commercial land parcel.; Located at the corner of Towson Avenue and South Fresno Street in Fort Smith, AR.
    (479) 785-4343
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    1200 Fresno St Fort Smith, AR 72903
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    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
    1200 Fresno St Fort Smith, AR 72903
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