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Financial
Distress signals
Property profile

3224 Old Greenwood Rd Fort Smith, AR 72903

FOR LEASE
Medical Office Space
Property ID
US05-0561208
2,435 SF 0.27 ac lot Built 1995
Last sale Oct 2023 · $492,275
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
3224 Old Greenwood Rd, Fort Smith, AR 72903 For Lease 1 / 30
$2,499/Mo 3,180 SF available
3224 Old Greenwood Rd, Fort Smith, AR 72903
View Listing

Property summary

AI-generated overview

Located at 3224 Old Greenwood Road in Fort Smith, Arkansas, this property is configured as a professional office facility. The main level contains 2,435 square feet of office space and the basement adds 745 square feet for a total of 3,180 square feet. The interior layout includes multiple executive offices and conference rooms, with natural light and finished office interiors. The basement level provides additional space that can function for storage or supporting operational uses. The property sits on a 0.27-acre lot.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$51k
Assessed land$7k
Assessed improvement$44k
Effective rate5.25%

Value estimate

· Oct 2026
$445k
$401k – $490k
AI approach$445k
NOI build-up
Gross scheduled income$46k
Vacancy & credit loss−$3k
Operating expenses−$11k
NOI · 1,271.23% cap applied$32k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$190/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$112 – $254
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,271.23%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSEBASTIAN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.9
Restaurant12.7
Auto Repair Shop11.4

Location

3224 Old Greenwood Rd Fort Smith, AR 72903
County assessor Recorded deeds · 9 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9000 Rogers, Fort Smith, AR 72903-5249 $1,121,788 May 2024 3,286 SF
3501 Gary, Fort Smith, AR 72903-5927 $430,000 Oct 2023 2,304 SF
8237 Rogers, Fort Smith, AR 72903-5553 $2,765,000 Nov 2021 3,450 SF
9616 Rogers, Fort Smith, AR 72903-5769 $500,000 Nov 2020 3,162 SF
8020 Dallas, Fort Smith, AR 72903-4277 $350,000 Aug 2019 3,282 SF
2322 57th, Fort Smith, AR 72903-3813 $240,000 Jul 2019 3,248 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $400,000
    2,304 SF
    3501 Gary St
    MEDICAL BUILDING
    3501 Gary St, Fort Smith, AR 72903-5927
    View Details
  • Value Estimation
    $370,000
    2,260 SF
    3500 70th St
    MEDICAL BUILDING
    3500 70th St, Fort Smith, AR 72903-5197
    View Details
  • Value Estimation
    $370,000
    2,216 SF
    Fort
    MEDICAL CLINIC
    Fort, Smith, AR 72903
    View Details
  • Value Estimation
    $275,000
    2,151 SF
    5422 Euper Ln
    MEDICAL BUILDING
    5422 Euper Ln, Fort Smith, AR 72903-3232
    View Details
  • Value Estimation
    $375,000
    3,050 SF
    2913 74th St
    MEDICAL BUILDING
    2913 74th St, Fort Smith, AR 72903-5156
    View Details
  • Value Estimation
    $505,000
    3,282 SF
    8020 Dallas St
    MEDICAL BUILDING
    8020 Dallas St, Fort Smith, AR 72903-4277
    View Details

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Similar Nearby for Lease

  • New
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    2,642 sqft
    Leasable Office Building Suites
    Office building offers individual suites available for lease, with leasing sizes and pricing varying by unit.
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  • $3,142/Mo
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  • New
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