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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

7601 Terry St Fort Smith, AR 72903

2,292 SF 1.1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,292 SF
Lot 1.1 ac (47,916 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
  • Garret's Body Shop and Towing Auto Repair Shop
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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