Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6201-B Rogers Ave Fort Smith, AR 72903
    Back to Search
    Property profile & analytics

    6201-B Rogers Ave Fort Smith, AR 72903

    View on Map
    • Retail properties & Spaces
    • 7,303 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • TGI Fridays / Restaurant

    Property Details for 6201-B Rogers Ave

    Property size
    7,303 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional 7,303 square foot free-standing restaurant building presents a prime investment opportunity in Fort Smith, Arkansas. Located at 6201-B Rogers Ave, this property boasts high visibility frontage on I-540, benefiting from exceptional traffic counts of 59,000 AADT on the interstate and 46,000 AADT on Rogers Avenue. The building is ideally suited for immediate occupancy, featuring an existing kitchen, bar, dining area, and patio seating. Its strategic location places it amongst a thriving retail environment, surrounded by established businesses including Chipotle Mexican Grill, Cold Stone Creamery, Starbucks, Take 5 Car Wash, Andy's Frozen Custard, Hobby Lobby, and McDonald's. The property offers excellent signage opportunities, maximizing its visibility to the high volume of daily traffic. This turnkey restaurant space is ready for a new owner to capitalize on its established location and strong potential for return on investment. The property is situated in Sebastian County, Arkansas, with a zip code of 72903. This is a rare opportunity to acquire a well-positioned commercial property in a high-growth area. The property's existing infrastructure and prime location make it an attractive investment for discerning buyers seeking a strong foothold in the Fort Smith market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.364
    Latitude
    35.3605

    Comparable in this City

    • Value Estimation by Request
      2.60 Acres

      Massard Rd And Rogers Ave

      Land • 2 SF
      0 Massard Rd And Rogers Ave, Fort Smith, AR 72903
      View Details
    • Value Estimation by Request
      7,197 SF

      3825-4201 Phoenix Ave Ft

      Retail properties & Spaces • 7,197 SF
      3825-4201 Phoenix Ave Ft, Fort Smith, AR 72903
      View Details
    • Value Estimation by Request
      9,964 SF

      4611 Rogers Ave

      Office Units • 9,964 SF
      4611 Rogers Ave, Fort Smith, AR 72903
      View Details
    • Value Estimation by Request
      29,232 SF

      3214 Old Greenwood Rd

      Office properties & Spaces • 29,232 SF
      3214 Old Greenwood Rd, Fort Smith, AR 72903
      View Details
    • Value Estimation by Request
      0.58 Acres

      5700 Phoenix Ave

      Land • 45,900 SF
      5700 Phoenix Ave, Fort Smith, AR 72903
      View Details
    • Value Estimation by Request
      36,258 SF

      6201J Rogers Ave

      Retail properties & Spaces • 36,258 SF
      6201J Rogers Ave, Fort Smith, AR 72903
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      197,686 SF

      Retail Property in Fort Smith

      Stabilized retail property with upside potential in Fort Smith.
      1200 S Waldron Rd, Fort Smith, AR 72903
      View Details
    • Contact for pricing

      Commercial Development Land Available

      Commercial lots available in fast-growing Chaffee Crossing Community.
      4601 Massard Rd, Fort Smith, AR 72903
      View Details
    • $725,000
      2.28 Acres

      Fort Smith Land For Sale

      2.28 acre commercial land near Mercy Hospital campus.
      6613 Rogers Ave, Fort Smith, AR 72903
      View Details
    • Contact for pricing

      Net Leased Sherwin Williams Store

      Corporate net leased Sherwin Williams in Fort Smith, Arkansas.
      7715 Phoenix Ave, Fort Smith, AR 72903
      View Details
    • $795,000

      Development Site Near Mercy Hospital

      Versatile land ideal for medical, office, or commercial development.
      6613 Rogers Ave, Fort Smith, AR 72903
      View Details
    • Contact for pricing
      1 SF

      Free-Standing Bank Branch with Drive-Thru

      2,400 SF former bank on 1.62 AC outparcel.
      8385 Rogers Ave, Fort Smith, AR 72903
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 180 to 12,900 SqFt.
      5111 Rogers Ave, Fort Smith, AR 72903
      View Details
    • $10 SF/Yr
      1,950 SF

      Retail Spaces in La Villa

      Retail spaces available in La Villa Shopping Center.
      1217 S Waldron Rd, Fort Smith, AR 72903
      View Details
    • $1,750 /Mo
      2,275 SF

      Versatile Flex Space in Fort Smith

      Flex space in high-traffic Fort Smith shopping center.
      6802-6808 Rogers Ave, Fort Smith, AR 72903
      View Details
    • Contact for pricing
      2,400 SF

      Prime Retail/Medical Endcap Space

      Class A space with frontage on Rogers Ave.
      4620 Rogers Ave, Fort Smith, AR 72903
      View Details
    • Contact for pricing
      700 SF

      Retail Space on Rogers Avenue

      700 SF retail space in high-traffic mid-town location.
      4224 Rogers Ave, Fort Smith, AR 72903
      View Details
    • $5,000 /Mo
      30,500 SF

      Retail Space in High-Traffic Area

      Retail suite available in Fort Smith's main retail corridor.
      4900 Rogers Ave, Fort Smith, AR 72903
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6201-B Rogers Ave
    Fort Smith, AR 72903
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6201-B Rogers Ave, Fort Smith, AR, 72903
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!