423 Rogers AveFort Smith, AR 72901

Property Details for 423 Rogers Ave

Lot size

0.32 AC

Property size (Sq ft)

9,557 SF

Property type

Office buildings

APN

16477-0002-00505-00

APU

1647700020050500

Description

This exceptional executive office suite, totaling 1,100 square feet, is situated at 423 Rogers Avenue in Fort Smith, Arkansas, within Sebastian County (zip code 72901). The suite is part of a larger office building encompassing 4,069 square feet, offering a convenient and professional environment for multiple tenants. Its strategic location places it in close proximity to both county and federal courthouses, making it particularly attractive to legal professionals. The address is a highly visible corner location at the intersection of South 5th and Rogers Avenue. The available space presents a unique opportunity for businesses seeking a prestigious and easily accessible office space in a thriving area of Fort Smith. The property is classified as an Executive Office and Professional Office space, indicating a high level of finish and suitability for professional services. The building's total square footage is 4,069 square feet, with 1,100 square feet currently vacant and ready for immediate occupancy. This presents a chance to establish a presence in a well-situated building with convenient access to essential services and government facilities. The property's coordinates are 35.3872673 latitude and -94.4270916 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $833,101

  6.5%

  $769,017

  7%

  $714,087

• Comparable approach

  Method

  Valuation

  Relative Method

  $683,612

  Geo Method

  $683,612

• Alternative Use

  Use

  Valuation

  Residential

  $953,581

  Hospitality

  $873,475

  Educational

  $726,721

  Medical

  $751,714

  Retail

  $1,130,454

Location Insight

City

Fort Smith

County

Sebastian

State

Arkansas

Latitude

35.3874

Longitude

-94.427

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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