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    Ellis St Fort Smith, AR 72916

    Sponsored
    For Sale
    $390,000

    7,200 SF Shop, 2.23 Acres

    Property size:
    7,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional commercial property, located on Ellis Street in historic Fort Chaffee, Fort Smith, Arkansas (zip code 72916), presents a unique opportunity for retail or industrial use. The property boasts a substantial 7,200 square feet of shop space, ideal for a variety of businesses requiring ample storage and workspace. Situated on a generous 2.23-acre lot, the property offers significant flexibility and expansion potential. A key feature is the expansive 5,200 square foot covered canopy, providing ample parking and sheltered outdoor storage, a significant advantage for businesses needing to manage inventory or equipment. The property's location within the Chaffee District offers access to a growing community and potential for strong customer traffic. The asking price for this versatile property is $390,000. This is a ready-to-occupy space perfect for businesses seeking moderate shop space in a prime Fort Smith location. The property is zoned Pzd. This presents a rare opportunity to acquire a substantial commercial property in a desirable area of Fort Smith. Serious inquiries are encouraged.

    Property Features for 0 Ellis St

    General Information

    Property type
    Land
    Square Feet
    7,200 SF
    Lot Size
    97,139 SF

    HighLights

    • 7,200 SF shop space ideal for retail or industrial use.
    • 2.23‑acre lot with expansion potential.
    • 5,200 SF covered canopy for parking and storage.
    • Located in the Chaffee District of Fort Smith, AR (72916).
    • Asking price: $390,000.
    • Pzd zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.3027964
    Latitude
    35.3082039

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    FAQs

    What type of property is this?
    Land - 7,200 SF Shop, 2.23 Acres
    Where is this land located?
    The property is located at Ellis St Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: 7,200 SF shop space ideal for retail or industrial use.; 2.23-acre lot with expansion potential.; 5,200 SF covered canopy for parking and storage.
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    Ellis St Fort Smith, AR 72916
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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
    Ellis St Fort Smith, AR 72916
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