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    5101 Old Greenwood Rd Fort Smith, AR 72903

    • Office buildings
    • 5,202 SF
    • 1.11 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US05-1076604
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • FULLERSREALTY.COM / Real Estate Agency / Real Estate Agent
    • Comp U Med / Records Storage Facility
    • Therapy Friends Counseling and Consulting, LLC / Mental Health Clinic / Counselor
    • CertaPro Painters of Northwest Arkansas / Painter
    • IMCORE Immigration Services / Corporate Office

    Property Details for 5101 Old Greenwood Rd

    Lot size
    1.11 lot acres
    Property size
    5,202 SF
    Property type
    Office buildings
    APN
    18883-0000-02043-00
    APU
    1888300000204300

    Description

    This exceptional office property at 5101 Old Greenwood Road in Fort Smith, Arkansas, offers a variety of flexible workspace solutions. The building, constructed in 1997, comprises a single, two-story structure totaling 5,202 square feet. Currently, 560 square feet of immediately available space is perfect for an executive office, coworking setup, or traditional office use. The minimum leasable space is 560 square feet, which is also the maximum contiguous space currently available. Multiple tenancy options are available, making it suitable for a range of business needs. The property boasts a highly convenient location just off Interstate 540, ensuring easy access for clients and employees. Ample parking is provided for tenants and visitors. A significant advantage is the inclusion of utilities in the lease price, simplifying budgeting and administration. Located in Sebastian County, Arkansas, with a zip code of 72903, this property presents a compelling opportunity for businesses seeking a well-maintained, accessible, and cost-effective office space in a thriving area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $365,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $345,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $330,000
      Mixed-Use
      $320,000
      Hospitality
      $360,000
      Educational
      $360,000
      Residential Income
      $390,000
      Energy
      $330,000
      Income-Based Land
      $295,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.3883
    Latitude
    35.3344
    CBSA code
    22900
    CBSA name
    FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,599
    $38,610
    $87,080
    $125,690
    -
    $193,050
    $435,400
    $628,450

    Comparable in this City

    • Value Estimation by Request
      195,068 SF

      3801 Old Greenwood Rd

      OFFICE BUILDING • 195,068 SF
      3801 Old Greenwood Rd, Fort Smith, AR 72903-5937
      View Details
    • Value Estimation by Request
      2,040 SF

      5600 Airport Blvd

      OFFICE BUILDING • 2,040 SF
      5600 Airport Blvd, Fort Smith, AR 72903-6053
      View Details
    • Value Estimation
      $725,000
      5,976 SF

      2200 Waldron Rd

      OFFICE BUILDING • 5,976 SF
      2200 Waldron Rd, Fort Smith, AR 72903-3088
      View Details
    • Value Estimation by Request
      780 SF

      2502 58th St

      OFFICE BUILDING • 780 SF
      2502 58th St, Fort Smith, AR 72903-3829
      View Details
    • Value Estimation
      $425,000
      9,816 SF

      3324 Vicksburg St

      OFFICE BUILDING • 9,816 SF
      3324 Vicksburg St, Fort Smith, AR 72903-6826
      View Details
    • Value Estimation
      $690,000
      25,998 SF

      2120 Waldron Rd

      OFFICE BUILDING • 25,998 SF
      2120 Waldron Rd, Fort Smith, AR 72903-3628
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Arvest Tower Office Space

      Fort Smith, AR office suites available.
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      2,600 SF office space suitable for various uses.
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    5101 Old Greenwood Rd
    Fort Smith, AR 72903
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    Realmo Value Estimation

    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.

    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.

    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
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