5101 Phoenix Ave Fort Smith, AR 72903
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.
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Primo Water Exchange Big Box & Wholesale Store
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Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
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Home Services at The Home Depot Plumbing Service General Contractor
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The Home Depot Building Supply Hardware & Home Improvement
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Garden Center at The Home Depot Garden Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.