7601 Terry St Fort Smith, AR 72903
This exceptional commercial property presents a unique investment opportunity in Fort Smith, Arkansas. The offering includes a 2,292 square foot retail building situated on 0.41 acres of land, currently leased to a local tenant, within the historic district of Fort Chaffee. The asking price for this established business is $165,000, translating to a price per square foot of $71.99. This represents a strong potential return on investment given the existing lease. Furthermore, an adjoining 1.1-acre lot is also available for purchase, expanding the potential development or expansion opportunities significantly. The property's location in the historic district offers unique character and potential for growth. The existing building provides immediate income generation, while the additional land offers considerable future development potential. This combination of immediate income and long-term growth potential makes this a compelling investment opportunity in a desirable location. The property is located at 7601 Terry Street, Fort Smith, AR 72903, in Sebastian County. This is a rare chance to acquire a well-situated commercial property with both immediate income and significant future upside.
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Garret's Body Shop and Towing Auto Repair Shop
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.