Phoenix Ave Fort Smith, AR 72903
- Land
- 0.81 lot acres
Current Use by Public Records
- Land
Property Details for 0 Phoenix Ave
- Lot size
- 0.81 lot acres
- Property type
- Land
Description
This exceptional 0.811-acre commercial land parcel presents a unique investment opportunity in Fort Smith, Arkansas. Located on Phoenix Avenue, the property boasts a daily traffic count of 19,000 vehicles, offering unparalleled visibility and accessibility. Its strategic location provides excellent exposure to the high-volume traffic of Interstate 540, with a daily count of 51,000 vehicles. The property is zoned C-5, allowing for a wide range of commercial uses. This vibrant area is experiencing significant growth, fueled by residential development surrounding the property and the construction of a new US Air Force training facility, promising a substantial influx of residents. Further enhancing its appeal, the property is situated less than one mile from the Fort Smith Regional Airport and a newly constructed 45,900 square foot Veterans Administration Clinic. This combination of high traffic counts, favorable zoning, and proximity to key infrastructure and amenities makes this land ideal for retail development or other commercial ventures. The property is currently vacant, providing a blank canvas for a new development to capitalize on the area's growth trajectory.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.3711
- Latitude
- 35.3461
