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    Property profile & analytics

    318 Garrison Ave Fort Smith, AR 72901-1930

    • Turn key restaurants
    • 16,772 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $545,000
    Location Intelligence
    Property ID
    US05-1305487
    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

    • Bricktown Brewery / Restaurant / American Restaurant
    • Adelaide Hall / Bar / Caterer

    Property Details for 318 Garrison Ave

    Year built
    1870
    Lot size
    0.47 lot acres
    Property size
    16,772 SF
    Property type
    Turn key restaurants
    APN
    16477-0008-00506-02
    APU
    1647700080050602

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.4276
    Latitude
    35.3884
    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
    $9,726
    $18,310
    $166,940
    $185,250
    -
    $91,550
    $834,700
    $926,250

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      1521 Rogers Ave

      RESTAURANT • 6,439 SF
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      $125,000
      1,500 SF

      3802 Towson Ave

      RESTAURANT • 1,500 SF
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    • Value Estimation by Request
      1,658 SF

      408 Greenwood Ave

      RESTAURANT • 1,658 SF
      408 Greenwood Ave, Fort Smith, AR 72901-3456
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    Similar Nearby for Lease

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    318 Garrison Ave
    Fort Smith, AR 72901-1930
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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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