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    Property profile & analytics

    5101 Phoenix Ave Fort Smith, AR 72903

    • Land
    • 1.20 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Primo Water Exchange / Bottled Water Supplier
    • Pro Desk at The Home Depot / Dry Wall Supply Store / Lumber Store
    • Home Services at The Home Depot / Electrician / Handyman/Handywoman/Handyperson
    • The Home Depot / Hardware Store / Paint Store
    • Garden Center at The Home Depot / Lawn Mower Store / Retaining Wall Supplier

    Property Details for 5101 Phoenix Ave

    Lot size
    1.20 lot acres
    Property type
    Land
    Property subtype
    Retail space

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.3779
    Latitude
    35.3401

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    Similar Nearby for Lease

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      Retail Space For Rent

      Retail space available for lease in Fort Smith, Arkansas.
      5400 Phoenix Ave, Fort Smith, AR 72903
      View Details
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    5101 Phoenix Ave
    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
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