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    Property profile & analytics

    1821 Phoenix Ave Fort Smith, AR 72901-7939

    • Strip malls
    • 6,718 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Jul 08, 2022
    $405,000
    Location Intelligence
    Property ID
    US05-1347703
    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

    • Banner Business Products Inc / Embroidery Shop
    • Cornerstone Realty Group / Real Estate Agency / Real Estate Agent
    • Photos by Jessika / Photography Service / Service Establishment
    • Sprouts Therapy Center / Physical Therapy Clinic / Occupational Therapist
    • Pro Removers Com / Electric Utility Company

    Property Details for 1821 Phoenix Ave

    Year built
    1973
    Construction
    FRAME
    Lot size
    0.78 lot acres
    Property size
    6,718 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    18883-0000-01919-00
    APU
    1888300000191900

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $365,000
      6.5%
      $380,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $395,000
      Mixed-Use
      $435,000
      Hospitality
      $430,000
      Educational
      $355,000
      Residential Income
      $420,000
      Energy
      $395,000
      Income-Based Land
      $320,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.4152
    Latitude
    35.3397
    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
    $4,420
    $54,560
    $29,630
    $84,190
    -
    $272,800
    $148,150
    $420,950

    Comparable in this City

    • Value Estimation by Request
      38,263 SF

      Towson Ave

      SHOPPING CENTER, STRIP CENTER • 38,263 SF
      Towson Ave, Fort Smith, AR 72901
      View Details
    • Value Estimation
      $275,000
      7,092 SF

      1200 Grand Ave

      SHOPPING CENTER, STRIP CENTER • 7,092 SF
      1200 Grand Ave, Fort Smith, AR 72901-2829
      View Details
    • Value Estimation
      $455,000
      8,705 SF

      507 Greenwood Ave

      SHOPPING CENTER, STRIP CENTER • 8,705 SF
      507 Greenwood Ave, Fort Smith, AR 72901-3509
      View Details
    • Value Estimation
      $490,000
      15,384 SF

      1700 Rogers Ave

      SHOPPING CENTER, STRIP CENTER • 15,384 SF
      1700 Rogers Ave, Fort Smith, AR 72901-3954
      View Details
    • Value Estimation
      $495,000
      17,082 SF

      4600 Towson Ave

      SHOPPING CENTER, STRIP CENTER • 17,082 SF
      4600 Towson Ave, Fort Smith, AR 72901-7961
      View Details
    • Value Estimation
      $415,000
      7,908 SF

      2000 Rogers Ave

      SHOPPING CENTER, STRIP CENTER • 7,908 SF
      2000 Rogers Ave, Fort Smith, AR 72901-3934
      View Details

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    Similar Nearby for Lease

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      View Details
    • $1,200 /Mo
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      Stand-alone retail building with garage space and office.
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      Retail space with offices, washroom, and breakroom in downtown.
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    • $1,650 /Mo
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      Retail and Warehouse Space Available

      5,400 SF standalone building with retail and warehouse space.
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      View Details
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    1821 Phoenix Ave
    Fort Smith, AR 72901-7939
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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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