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    5101 Phoenix Ave Fort Smith, AR 72903

    For Lease
    Contact for pricing

    High-visibility 1.2-acre lot, ideal for ground lease.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.2-acre commercial outparcel presents a prime development opportunity in Fort Smith, Arkansas. Located at 5101 Phoenix Ave, this vacant, level lot boasts unparalleled visibility directly in front of The Home Depot, offering significant exposure to high traffic volumes. The property's strategic location between exits 9 and 10 of Interstate 540 ensures easy accessibility for customers and employees. This single-tenant site is situated within a thriving retail corridor, surrounded by a diverse range of established businesses including Academy Sports + Outdoors, Target, BAM!, Dick's Sporting Goods, Old Navy, Kirkland's, Michaels, Petco, and Best Buy. The area also offers a variety of popular restaurants such as JJ's Grill, Starbucks, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Pizza Hut, McDonald's, Walk-On's Sports Bistreaux, Newk's Eatery, and Tacos 4 Life, providing ample amenities for employees and customers. The property is zoned for commercial use within Sebastian County and offers a unique chance to establish a successful business in a high-demand location. With its excellent visibility, convenient access, and strong surrounding retail presence, this outparcel represents a compelling investment opportunity. The lot size is 1.2 acres, providing ample space for development. This property is ready for immediate development.

    Property Features for 5101 Phoenix Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • Vacant, level outparcel directly in front of The Home Depot.
    • ±1.2‑acre site available for ground lease.
    • High‑visibility location off Interstate 540 between Exits 9 and 10.
    • Strong retail co‑tenancy including The Home Depot, Target, and other national brands.
    • Surrounded by numerous restaurants including Starbucks and several national chains.
    Property Profile Location Intelligence

    Current Use by Public Records

    Primo Water Exchange Bottled Water Supplier Pro Desk at The Home ... Building Materials Store Home Services at The Home ... Plumber The Home Depot Home Improvement Store Garden Center at The Home ... Garden Center

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.3778735
    Latitude
    35.3400842

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility 1.2-acre lot, ideal for ground lease.
    Where is this individual retail property located?
    The property is located at 5101 Phoenix Ave Fort Smith, AR.
    What are key features of this property?
    This property features: Vacant, level outparcel directly in front of The Home Depot.; ±1.2-acre site available for ground lease.; High-visibility location off Interstate 540 between Exits 9 and 10.
    Request Owner's contact information
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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
    5101 Phoenix Ave Fort Smith, AR 72903
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