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    3214 Old Greenwood Rd Fort Smith, AR 72903

    Sponsored
    For Sale
    $117,000

    Prime Location, 29,232 SF Office Building

    Property size:
    29,232 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional executive office property, located at 3214 Old Greenwood Road in Fort Smith, Arkansas, presents a significant investment opportunity. The 29,232 square foot building sits on a 0.67-acre lot and is offered at an asking price of $117,000. Its prime location on Old Greenwood Road, a major thoroughfare, ensures high visibility and accessibility. The property benefits from its proximity to key businesses and amenities, including ABF Logistics, Southside High School, and the Cornerstone Shopping Center. The surrounding area is characterized by a mix of residential properties and other commercial enterprises, creating a vibrant and well-established business environment. Furthermore, its convenient location, just one mile from the Pavilion Shopping Center and Interstate 540, provides easy access to regional transportation networks and a large consumer base. This vacant property offers significant potential for a variety of executive office uses, making it an attractive proposition for investors and businesses seeking a strategic location in a thriving Fort Smith community. The property's size and location make it ideal for a range of businesses seeking a prominent presence in a high-traffic area. The zip code is 72903, and the property is situated in Sebastian County.

    Property Features for 3214 Old Greenwood Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    29,232 SF
    Lot Size
    29,185 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply 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
    -94.3935814
    Latitude
    35.3520998

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, 29,232 SF Office Building
    Where is this office property / space located?
    The property is located at 3214 Old Greenwood Rd Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $117,000.
    Request Owner's contact information
    3214 Old Greenwood Rd 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
    3214 Old Greenwood Rd Fort Smith, AR 72903
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