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Property profile & analytics
OFF-MARKET
Land

5101 Phoenix Ave Fort Smith, AR 72903

1.2 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 1.2 ac (52,272 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Primo Water Exchange Big Box & Wholesale Store
  • Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
  • Home Services at The Home Depot Plumbing Service General Contractor
  • The Home Depot Building Supply Hardware & Home Improvement
  • Garden Center at The Home Depot Garden Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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