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    1412 Phoenix Ave Fort Smith, AR 72901

    • Retail space
    • 36,648 SF
    • 1.90 lot acres
    For Sale
    View listing
    $695,000
    Value Estimation
    Location Intelligence
    Property ID
    US05-1460645
    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

    • Fliteline Engine Supply / Auto Parts Store / Auto Radiator Repair Service

    Property Details for 1412 Phoenix Ave

    Year built
    1959
    Lot size
    1.90 lot acres
    Property size
    36,648 SF
    Property type
    Retail space
    APN
    18883-0000-01944-00
    APU
    1888300000194400

    Description

    This exceptional 36,648-square-foot industrial property, situated on a 2-acre lot, presents a unique investment opportunity. Currently entirely vacant, this multi-tenant building offers significant flexibility for various uses, including light manufacturing and warehousing. The property features a combination of warehouse and retail space, totaling approximately 3,000 square feet of retail area. Access is provided by two dock-high doors—a 14-foot door at the front and a 16-foot drive-through door at the rear. Ceiling heights reach a maximum of 20 feet, offering ample vertical space. The building benefits from a high-traffic location, with over 12,000 cars passing daily just to the east. Its strategic position is further enhanced by its proximity to the intersection of Phoenix and Towson Avenues (0.1 miles away), and its location across from Jack's Skating Rink on Phoenix Avenue. The owner is open to dividing the space to accommodate tenant needs. The asking price for this substantial property is $495,000. This presents a rare chance to acquire a versatile and well-located industrial asset with significant potential. One loading dock is also included.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $595,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $435,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $325,000
      Mixed-Use
      $395,000
      Hospitality
      $415,000
      Educational
      $365,000
      Residential Income
      $450,000
      Energy
      $390,000
      Income-Based Land
      $355,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.4205
    Latitude
    35.3386
    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
    $5,571
    $49,660
    $56,450
    $106,110
    -
    $248,300
    $282,250
    $530,550

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      710 Greenwood Ave

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      1,209 SF

      221 Greenwood Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,209 SF
      221 Greenwood Ave, Fort Smith, AR 72901-3451
      View Details

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    1412 Phoenix Ave
    Fort Smith, AR 72901
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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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