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    401 Wheeler Ave Fort Smith, AR 72901
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    Property profile & analytics

    401 Wheeler Ave Fort Smith, AR 72901


    • Auto shops
    • 16,040 SF
    • 0.51 lot acres
    Former Automotive Repair Shop Available For Lease
    $2,500/Mo
    1,600 SF

    Former Automotive Repair Shop Available

    16,000 SF former auto repair shop for rent.

    401 Wheeler, Fort Smith, AR
    View Listing
    Property ID
    US05-0875402
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 401 Wheeler Ave

    Lot size
    0.51 lot acres
    Property size
    16,040 SF
    Property type
    Auto shops
    APN
    16477-0002-00567-00
    APU
    1647700020056700

    Description

    This exceptional 16,000-square-foot retail property, located at 401 Wheeler Avenue in Fort Smith, Arkansas, presents a unique investment opportunity. Previously used as an automotive repair shop, the building offers significant flexibility for a variety of uses. The entire space is currently vacant and available for lease at a monthly rate of $4,250. Alternatively, the property can be divided. One option is to lease 8,000 square feet of newly renovated space for $2,750 per month, ideal for a business requiring modern amenities. The remaining 8,000 square feet can be leased separately as storage space for $1,500 per month, providing additional income potential. This versatile layout caters to diverse business needs. The building enjoys a prime location directly across from Ok Foods in downtown Fort Smith, situated on Wheeler Avenue, also known as truck route 255, ensuring high visibility and convenient access. All utilities are the responsibility of the tenant. The property is situated in Sebastian County, Arkansas, with a zip code of 72901. This presents a rare chance to secure a substantial retail space in a thriving area of Fort Smith. The property's size, location, and flexible lease options make it an attractive proposition for a wide range of businesses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $672,000
      Market price range: $672k - $3.24M
      AI Estimate
      $623,000
      Market price range: $623k - $1.96M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.4255
    Latitude
    35.38
    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
    $1,588
    $4,400
    $25,850
    $30,250
    -
    $22,000
    $129,250
    $151,250
    View Listing
    More about this property
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