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    223 Greenwood Ave Fort Smith, AR 72901

    Sponsored
    For Sale
    $68,500

    High-traffic lot, ready for development. C-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.156-acre commercial lot, located at 223 N Greenwood Ave in Fort Smith, Arkansas (zip code 72901), presents a prime opportunity for investors and developers. Currently zoned C-2, this property offers significant potential for various commercial or multifamily uses. Its highly desirable location boasts high traffic volume, making it an ideal site for businesses seeking maximum visibility and accessibility. The cleared lot is ready for immediate development, eliminating the need for extensive site preparation. The property's address is easily accessible and situated within Sebastian County, Arkansas. The asking price for this strategically positioned land is $68,500. This represents a compelling investment opportunity in a thriving Fort Smith market. The property's latitude and longitude coordinates are 35.3777898 and -94.4038028 respectively. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land parcel.

    Property Features for 223 Greenwood Ave

    General Information

    Property type
    Land
    Lot Size
    6,795 SF

    HighLights

    • $68,500 asking price for 0.156 acres of land.
    • Located at 223 N Greenwood Ave, Fort Smith, AR 72901.
    • C‑2 zoning.
    • High‑traffic location.
    • Cleared lot, ready for development.
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.4038028
    Latitude
    35.3777898

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    FAQs

    What type of property is this?
    Land - High-traffic lot, ready for development. C-2 zoning.
    Where is this land located?
    The property is located at 223 Greenwood Ave Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $68,500.
    What are key features of this property?
    This property features: $68,500 asking price for 0.156 acres of land.; Located at 223 N Greenwood Ave, Fort Smith, AR 72901.; C-2 zoning.
    Request Owner's contact information
    223 Greenwood Ave Fort Smith, AR 72901
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    Fort Smith, AR 72901
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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
    223 Greenwood Ave Fort Smith, AR 72901
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