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    Property profile & analytics

    317 Garrison Ave Fort Smith, AR 72901-1929

    • Retail space
    • 4,524 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US05-2169717
    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

    • Garrison Goodies / Candy Store

    Property Details for 317 Garrison Ave

    Year built
    1950
    Lot size
    0.24 lot acres
    Property size
    4,524 SF
    Property type
    Retail space
    APN
    11317-0012-00016-00
    APU
    1131700120001600

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $265,000
      7%
      $275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $315,000
      Mixed-Use
      $240,000
      Hospitality
      $270,000
      Educational
      $240,000
      Residential Income
      $270,000
      Energy
      $290,000
      Income-Based Land
      $290,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.427
    Latitude
    35.3889
    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
    $2,491
    $8,353
    $39,091
    $47,444
    -
    $41,765
    $195,455
    $237,220

    Comparable in this City

    • Value Estimation by Request
      4,604 SF

      1620 Dodson Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,604 SF
      1620 Dodson Ave, Fort Smith, AR 72901-5130
      View Details
    • Value Estimation by Request
      3,600 SF

      1800 F St

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      1800 F St, Fort Smith, AR 72901-4858
      View Details
    • Value Estimation by Request
      4,128 SF

      116 6th St

      RETAIL STORES (PERSONAL SERVICES) • 4,128 SF
      116 6th St, Fort Smith, AR 72901-2104
      View Details
    • Value Estimation by Request
      2,818 SF

      2700 Grand Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,818 SF
      2700 Grand Ave, Fort Smith, AR 72901-3106
      View Details
    • Value Estimation by Request
      2,295 SF

      710 Greenwood Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,295 SF
      710 Greenwood Ave, Fort Smith, AR 72901-3128
      View Details
    • Value Estimation by Request
      1,209 SF

      221 Greenwood Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,209 SF
      221 Greenwood Ave, Fort Smith, AR 72901-3451
      View Details

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    • $460,000
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      Iconic Downtown Fort Smith Property

      9,575 SF retail/office space in Downtown Entertainment District.
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    Similar Nearby for Lease

    • $1,200 /Mo
      1,281 SF

      Retail Building on Lighted Corner

      Stand-alone retail building with garage space and office.
      221 Towson Ave, Fort Smith, AR 72901
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    • $3,500 /Mo
      4,800 SF

      Downtown Retail Space Available

      Retail space with offices, washroom, and breakroom in downtown.
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    • $2,100 /Mo
      3,622 SF

      Retail Building with Warehouse

      Retail building with warehouse space available for lease.
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    • $2,250 /Mo
      3,200 SF

      Flex/Shop Space For Rent

      3,200 SF flex/shop space with office and roll-up doors.
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    • $300,000
      5,050 SF

      Downtown Fort Smith Commercial Property

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    • $1,650 /Mo
      5,400 SF

      Retail and Warehouse Space Available

      5,400 SF standalone building with retail and warehouse space.
      2716 Towson Ave, Fort Smith, AR 72901
      View Details
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    317 Garrison Ave
    Fort Smith, AR 72901-1929
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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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