6200 Phoenix Ave Fort Smith, AR 72903
- Land
- 1.10 lot acres
Current Use by Public Records
- Land
Property Details for 6200 Phoenix Ave
- Lot size
- 1.10 lot acres
- Property type
- Land
Description
This exceptional commercial and residential land offering presents a unique investment opportunity in Fort Smith, Arkansas. Located at 6200 Phoenix Ave, this property boasts excellent visibility from I-540 and approximately 1,800 feet of frontage on Phoenix Avenue, a highly traveled thoroughfare. The site benefits from convenient access to I-540 and Fort Smith Regional Airport, making it ideal for various development projects. The area is experiencing rapid growth, further enhancing its investment potential. The property is situated near the newly constructed VA Clinic. Multiple lot sizes are available, ranging from 1.10 acres to 6.46 acres, with purchase prices varying from $6 to $16 per square foot depending on the lot. Specifically, Lot 1 (1.38 acres) and Lots 2-4 (1.10, 1.52, and 1.51 acres respectively) are priced at $16 per square foot. Lot 5 (2.26 acres) is priced at $12 per square foot, Lot 6 (1.10 acres) at $13 per square foot, Lot 7 (3.90 acres) at $11 per square foot, and Lot 8 (6.46 acres) at $6 per square foot. The property is zoned C-5, allowing for a wide range of commercial and residential uses. The high traffic count of approximately 20,000 vehicles further underscores the property's strategic location and development potential. This property is suitable for build-to-suit projects, ground leases, or outright purchase, offering flexibility to meet diverse investment strategies. The APN is 18883-0000-01394-00. Utilities are available.
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
- -94.3659
- Latitude
- 35.3488
