Property profile

408 Greenwood Ave Fort Smith, AR 72901

OFF-MARKET
Turn key restaurants
Property ID
US05-1345454
1,658 SF 0.16 ac lot
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,657-square-foot restaurant space is available for sale or lease in the vibrant city of Fort Smith, Arkansas. Located at 408 N Greenwood Ave, this single-tenant property sits on a 0.16-acre lot and is zoned C-2, offering significant potential for a variety of culinary ventures. The property boasts a fully functional kitchen, complete with a vent hood, ensuring a smooth transition for any new operator. Existing furniture, including tables and chairs, is included, minimizing initial setup costs. The building also features an updated HVAC system, providing comfortable and efficient climate control year-round. The property's prime location in Fort Smith guarantees high visibility and foot traffic, making it an ideal opportunity for an established restaurant seeking expansion or a new concept looking to establish a strong presence in the market. The property's APN is 14436-0023-00006-00 and is situated in Sebastian County, Arkansas, zip code 72901. This turnkey opportunity presents a rare chance to acquire a fully equipped and well-located restaurant space, ready for immediate operation. Serious inquiries are encouraged.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,658 SF
Lot 0.16 ac (7,000 SF)
APN 14436-0023-00006-00
UPID US05-1345454

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

408 Greenwood Ave Fort Smith, AR 72901-3456
Fort Smith metro Census 700 FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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