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    OFF-MARKET
    Strip malls

    3610 Towson Ave, Fort Smith, AR 72901-7258

    16,882 SF 1.31 ac lot
    Individually Owned 10-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-1302092
    Property summary
    AI-generated overview

    This exceptional Fort Smith, Arkansas property, located at 3610 Towson Ave (corner of Fresno St & Towson Ave), offers 16,882 square feet of versatile retail and office space in a single-story, Class B building. The property sits on 1.31 acres of land and is zoned C-5, allowing for a variety of commercial uses. Currently, 8,530 square feet of space is available for lease, divisible into units as small as 2,025 square feet, with a maximum contiguous space of 8,530 square feet. The building features four suites in total, offering flexibility for businesses of various sizes. The location boasts excellent visibility and ample parking, benefiting from its position at a traffic light intersection on both streets. Its proximity to downtown Fort Smith (under 5 minutes) and Interstate 540 (3 miles) provides easy access to major transportation routes and a large customer base. The property also offers convenient access to the Oklahoma border, capturing traffic from Arkoma. This prime location presents a unique opportunity for businesses seeking high-traffic exposure and convenient access to key transportation arteries. The property's address is 3610 Towson Ave, Fort Smith, AR 72901, with the APN 14595-0002-00000-00.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Total area 16,882 SF
    Lot 1.31 ac (57,064 SF)
    APN 14595-0002-00000-00
    UPID US05-1302092
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Professional Security, Inc. Security Service
    • Single Source Inc Hardware & Home Improvement Building Supply
    • The Resolve Center Hotel & Motel Resort
    • Lynn’s Unlimited Creations Event Planning Wedding Service
    • The Baby & I Clothing & Fashion Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    William F Leonard · 10 yrs held
    William F Leonard
    since 2016
    2 recorded transactions
    2016
    2015
    $600,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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