623 Towson Ave Fort Smith, AR 72901
- Commercial land
- 0.32 lot acres
Current Use by Public Records
- T-Mack’s BBQ & FISH, LLC / Barbecue Restaurant
Property Details for 623 Towson Ave
- Lot size
- 0.32 lot acres
- Property type
- Commercial land
- APN
- 12763-0005-00050-00
- APU
- 1276300050005000
Description
This exceptional 14,000 sq ft commercial lot in Fort Smith, Arkansas, presents a unique investment opportunity. Located at 623 Towson Ave, 72901, this prime corner property boasts 100 feet of frontage on Towson Avenue and 140 feet on F Street, ensuring high visibility and accessibility. Its strategic position across F Street from Baptist Health and adjacent to the University of Arkansas for Medical Sciences (UAMS) makes it ideally suited for businesses catering to the substantial medical community. The asking price is $280,000, translating to a land value of $20 per square foot. The property's high traffic count and proximity to major medical facilities offer significant potential for a variety of commercial ventures, such as a coffee shop, small retail establishment, or medical-related business. An additional 28,000 sq ft lot is available, offering the potential for expansion and increased frontage along Towson Avenue (300 ft total) and South F Street (140 ft total). The property's APN is 12763-0005-00050-00. This is a rare chance to acquire a well-positioned commercial lot in a thriving area with strong growth potential. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.4209
- Latitude
- 35.3776
- CBSA code
- 22900
- CBSA name
- FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA