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    Chad Colley Blvd Fort Smith, AR 72923

    For Sale
    Contact for pricing

    340 Acres, Hwy 255 Frontage, AR

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 340-acre commercial land parcel presents a unique investment opportunity in Fort Smith, Arkansas. Strategically located in Sebastian County, near the Arkansas College of Health Education campus, this property boasts significant development potential. The site features over 5,500 linear feet of commercial frontage along Highway 255, providing excellent visibility and accessibility. Its prime location offers easy access to Interstate 49 and Highways 22 and 255, ensuring convenient transportation for businesses and residents. Planned infrastructure improvements along the commercial frontage further enhance its appeal. The property is adjacent to the future Celebration Park and trail system, adding to its desirability. This expansive tract is zoned PZD and can be subdivided to meet specific development needs, with hard corner and signalized lots available. The property's APN numbers are 60001-0000-00305-05, 60001-0000-00305-02, 40001-0000-00212-01, 60001-0000-00305-04, and 40001-0000-00212-00. Located at Chad Colley Blvd, Fort Smith, AR 72923 (35.3191545, -94.3160735), this property is ready for immediate development or long-term investment. The scale and location make this an ideal site for a variety of commercial ventures.

    Property Features for 0 Chad Colley Blvd

    General Information

    Property type
    Land
    Lot Size
    14,810,400 SF

    HighLights

    • 340‑acre commercial land parcel available for sale near Arkansas College of Health Education.
    • 5,500+ linear feet of commercial frontage on Hwy 255, with planned infrastructure improvements.
    • Excellent access to I‑49, Hwy 22, and Hwy 255.
    • Adjacent to future Celebration Park and trail system.
    • Zoned PZD, subdividable to meet specific needs; hard corner and signalized lots available.
    • APN: 60001‑0000‑00305‑05, 60001‑0000‑00305‑02, 40001‑0000‑00212‑01, 60001‑0000‑00305‑04, 40001‑0000‑00212‑00.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.3160735
    Latitude
    35.3191545

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    FAQs

    What type of property is this?
    Land - 340 Acres, Hwy 255 Frontage, AR
    Where is this land located?
    The property is located at Chad Colley Blvd Fort Smith, AR.
    What are key features of this property?
    This property features: 340-acre commercial land parcel available for sale near Arkansas College of Health Education.; 5,500+ linear feet of commercial frontage on Hwy 255, with planned infrastructure improvements.; Excellent access to I-49, Hwy 22, and Hwy 255.
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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
    Chad Colley Blvd Fort Smith, AR 72923
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