1820 Phoenix Ave Fort Smith, AR 72901
Property profile & analytics
1820 Phoenix Ave Fort Smith, AR 72901
- Outlet malls
- 17,784 SF
- 6.94 lot acres
Property ID
US05-1033983
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.
Location Intelligence
Current Use by Public Records
- Hardee's / Restaurant / Take-out & Catering
Property Details for 1820 Phoenix Ave
- Year built
- 1971
- Lot size
- 6.94 lot acres
- Property size
- 17,784 SF
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 10350-0001-00000-00
- APU
- 1035000010000000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,325,000
- 6.5%
- $2,145,000
- 7%
- $1,995,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,795,000
- AI Estimate
- $1,990,000
Market price range: $535k - $1.94MMarket price range: $512k - $2.23M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,270,000 Current use
- AUTO REPAIR, GARAGE
- $1,730,000 Change: +36% Conversion: Difficult
- OFFICE BUILDING
- $1,215,000 Change: -4% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.4148
- Latitude
- 35.3383
- 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
$11,678
$116,830
$105,610
$222,440
-
$584,150
$528,050
$1,112,200
