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    5993 31St St Fort Smith, AR 72908

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    For Sale
    Contact for pricing

    Prime 1.15-acre commercial lot in Fort Smith, AR.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 1.15-acre commercial lot, identified as Lot 20 Johnny Cake, presents a rare development opportunity in Fort Smith, Arkansas. Located at 5993 S 31st St, zip code 72908, this flat, vacant land parcel enjoys a highly desirable location just off South Zero Street in Sebastian County. The property's size offers significant flexibility for a variety of commercial projects. Surrounding the lot are established buildings representing a mix of retail, industrial, mixed-use office, and flex-use spaces, indicating a thriving and diverse commercial environment. This strategic positioning ensures excellent visibility and accessibility for any future development. The lot's flat topography simplifies construction and minimizes site preparation costs. Importantly, this represents one of the last remaining undeveloped lots within the Johnny Cake Division, making it a truly unique and potentially highly valuable acquisition. The property is available for build-to-suit projects, allowing for customized development to meet specific business needs. This presents an unparalleled chance to secure a prime commercial location in a growing area of Fort Smith.

    Property Features for 5993 31St St

    General Information

    Property type
    Land
    Lot Size
    50,094 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon 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
    -94.400826
    Latitude
    35.3258871

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    FAQs

    What type of property is this?
    Land - Prime 1.15-acre commercial lot in Fort Smith, AR.
    Where is this land located?
    The property is located at 5993 31St St Fort Smith, AR.
    (479) 785-4343
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    5993 31St St Fort Smith, AR 72908
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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
    5993 31St St Fort Smith, AR 72908
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