1820 Phoenix Ave, Fort Smith, AR 72901-7949
This exceptional 1-acre retail property, located at 1820 Phoenix Ave in Fort Smith, Arkansas, presents a unique investment opportunity. Situated on a 1.66-acre lot in Sebastian County, this single-tenant building offers 1 square foot of retail space, currently vacant and ready for immediate occupancy. The property's prime location in the vibrant city of Fort Smith provides excellent visibility and accessibility for businesses seeking a strong foothold in the market. The address, 1820 Phoenix Ave, ensures easy identification and convenient access for customers and employees. The zip code is 72901. The property is classified as both retail and land, making it suitable for a variety of commercial uses. Given its size and location, this property is ideal for a small business seeking a high-traffic location with ample space for operations. The property's single-tenant status offers simplicity and control for the lessee. The vacant space presents a blank canvas for customization, allowing businesses to design their ideal retail environment. This is a rare opportunity to acquire a strategically located retail property in a thriving Arkansas market. The property's location offers easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. The 1.66-acre lot provides ample space for potential expansion or future development. This property is for lease and represents a compelling opportunity for businesses seeking a prominent presence in Fort Smith. The property's location within Sebastian County provides access to a strong local economy and a diverse customer base.
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Hardee's Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.