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Property profile & analytics

707 Rogers Ave Fort Smith, AR 72901-2409

  • Office buildings
  • 2,525 SF
  • 0.06 lot acres
OFF-MARKET
Last Sale
Apr 21, 2023
Value Estimations
$275,000
Show details
Cap Rate Potential
9.9%
Office buildings
Location Intelligence
Property ID
US05-1429380
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 707 Rogers Ave

Lot size
0.06 lot acres
Property size
2,525 SF
Property type
Office buildings
APN
16477-0005-00502-01
APU
1647700050050201

Description

This exceptional 2,525 square foot Class A retail space, zoned C-5, is perfectly situated in Fort Smith, Arkansas's vibrant downtown entertainment district at 707 Rogers Ave, zip code 72901. Recently and completely renovated, this single-tenancy property retains its beautiful 100-year-old brick exterior while boasting a brand-new interior. Every system, from plumbing and electrical to HVAC, is entirely new. The property features two stunning patios – a large open-air courtyard and additional front and rear balconies – ideal for outdoor dining and live music. Its prime location offers incredible foot traffic, adjacency to a city parking garage, and proximity to the Wyndham Hotel, Fort Smith Convention Center, the Sebastian County Courthouse, and numerous other downtown amenities including hotels and restaurants. The split-level layout provides a unique and flexible space, ready for a tenant's custom build-out. Custom handrail tables and exceptional outlet access are already in place. An adjacent building undergoing renovation will further enhance the area's appeal. This property is perfect for a food and beverage establishment seeking a distinctive and memorable customer experience. The property's location within the entertainment district allows for the sale of alcoholic beverages for off-premise consumption.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $270,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $450,000
    6.5%
    $415,000
    7%
    $385,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fort Smith
County
Sebastian
State
Arkansas
Longitude
-94.4248
Latitude
35.3858
CBSA code
22900
CBSA name
FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$864
$2,720
$13,730
$16,450
-
$13,600
$68,650
$82,250
More about this property
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