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    2219 Waldron Rd Fort Smith, AR 72903

    • Commercial real estate
    • 79,712 SF
    • 3.14 lot acres
    For Sale
    View listing
    $695,000
    Value Estimation
    Last Sale
    Aug 25, 2022
    $1,200,000
    Location Intelligence
    Property ID
    US05-0960185
    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

    • Season's Inn / Hotel / Bar

    Property Details for 2219 Waldron Rd

    Lot size
    3.14 lot acres
    Property size
    79,712 SF
    Property type
    Commercial real estate
    APN
    18883-0000-01092-01
    APU
    1888300000109201

    Description

    This exceptional 1.3-acre parcel of land, located at 2219 S Waldron Rd in Fort Smith, Arkansas (zip code 72903), presents a unique opportunity for commercial or industrial development. The property is conveniently situated in a high-traffic area, offering excellent visibility and accessibility. Its central location provides easy access to major thoroughfares, including Rogers Avenue, ensuring strong potential for business growth. The expansive 56,628 square foot lot provides ample space for a variety of development projects. The property is currently listed for sale by owner at $695,000. This is a blank canvas ready for your vision, ideal for businesses seeking a prominent location with high visibility and convenient access to the surrounding community. The property's classification as both commercial and industrial land broadens its appeal to a wide range of potential buyers and developers. This is a rare opportunity to acquire a significant piece of land in a thriving area of Fort Smith, Arkansas. Don't miss out on this chance to secure a prime location for your next venture. The property is ready for immediate development, offering a streamlined path to realizing your business goals.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,110,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,220,000
      6.5%
      $1,205,000
      7%
      $1,265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,030,000
      Geo Method
      $1,255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,165,000
      Retail
      $1,065,000
      Mixed-Use
      $1,450,000
      Hospitality
      $1,330,000
      Educational
      $1,260,000
      Residential Income
      $1,125,000
      Energy
      $1,385,000
      Income-Based Land
      $1,100,000
      Food Service
      $1,115,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.3725
    Latitude
    35.3606
    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
    $2,806
    $44,780
    $8,670
    $53,450
    -
    $223,900
    $43,350
    $267,250

    Comparable in this City

    • Value Estimation by Request
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      2.60 Acres

      Massard Rd And Rogers Ave

      Land • 2 SF
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      3017 70th St Ste B

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      2713 74th St

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      Greenwood Rd

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      0.40 Acres

      3000 Old Greenwood Rd

      COMMERCIAL (GENERAL) • 0.40 Acres
      3000 Old Greenwood Rd, Fort Smith, AR 72903-4552
      View Details

    Similar Nearby for Sale

    • $695,000
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      Fort Smith Commercial Land - 1.3 Acres

      Prime Commercial/Industrial Land, High Traffic Area
      2219 Waldron Rd, Fort Smith, AR 72903
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      0.72 Acres

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      Fort Smith, AR commercial lots
      0 Massard Rd, Fort Smith, AR 72903
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    Similar Nearby for Lease

    • $178,000
      21,780 SF

      Fort Smith Commercial Land Opportunity

      Prime 0.5-acre lot, ideal ground lease.
      46th St Ft, Fort Smith, AR 72903
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    • $350 /Mo
      2,642 SF

      Office Spaces Available for Lease

      Office building with individual spaces for lease in Fort Smith.
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    • $5,000 /Mo
      2,268 SF

      Retail Space in High-Traffic Area

      Retail suite available in Fort Smith's main retail corridor.
      4900 Rogers Ave, Fort Smith, AR 72903
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    • $2,450,000
      4,984 SF

      Former Restaurant on High-Traffic Avenue

      Restaurant building with equipment on a high-traffic Rogers Avenue.
      6401 Rogers Ave, Fort Smith, AR 72903
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    • $1,750 /Mo
      700 SF

      Retail Space on Rogers Avenue

      700 SF retail space in high-traffic mid-town location.
      4224 Rogers Ave, Fort Smith, AR 72903
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    • Contact for pricing
      197,839 SF

      Central Shopping Center - Fort Smith

      Retail space available, high traffic area.
      1200 Waldron Rd, Fort Smith, AR 72903
      View Details
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    2219 Waldron 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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