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    Property profile & analytics

    423 Garrison Ave Fort Smith, AR 72901

    • Grocery and convenience stores
    • 7,513 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Location Intelligence
    Property ID
    US05-1373333
    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

    • Grocery and convenience stores

    Property Details for 423 Garrison Ave

    Year built
    2012
    Lot size
    0.64 lot acres
    Property size
    7,513 SF
    Property type
    Grocery and convenience stores
    APN
    11317-0012-00017-01
    APU
    1131700120001701

    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
    -94.4261
    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
    $12,525
    $30,290
    $208,280
    $238,570
    -
    $151,450
    $1,041,400
    $1,192,850

    Comparable in this City

    • Value Estimation by Request
      2,170 SF

      1200 Hwy 71st S

      CONVENIENCE STORE • 2,170 SF
      1200 Hwy 71st S, Fort Smith, AR 72901-8452
      View Details
    • Value Estimation
      $250,000
      3,520 SF

      3108 Jenny Lind Rd

      CONVENIENCE STORE • 3,520 SF
      3108 Jenny Lind Rd, Fort Smith, AR 72901-6739
      View Details
    • Value Estimation by Request
      3,600 SF

      3106 Jenny Lind Rd

      Restaurants • 3,600 SF
      3106 Jenny Lind Rd, Fort Smith, AR 72901
      View Details
    • Value Estimation
      $990,000
      900 SF

      3825 Jenny Lind Rd

      CONVENIENCE STORE • 900 SF
      3825 Jenny Lind Rd, Fort Smith, AR 72901-7443
      View Details
    • Value Estimation
      $1,990,000
      5,940 SF

      2000 Phoenix Ave

      CONVENIENCE STORE • 5,940 SF
      2000 Phoenix Ave, Fort Smith, AR 72901-8025
      View Details
    • Value Estimation
      $645,000
      4,800 SF

      1116 Grand Ave

      CONVENIENCE STORE • 4,800 SF
      1116 Grand Ave, Fort Smith, AR 72901-2827
      View Details

    Similar Nearby for Sale

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    • $615,000
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      Downtown Fort Smith Investment Opportunity

      Multi-tenant commercial property in historic downtown Fort Smith.
      219 Garrison Ave, Fort Smith, AR 72901
      View Details
    • $299,000
      8,890 SF

      Historic Fort Smith Mixed-Use Building

      Versatile 8,890 SF building in historic downtown Fort Smith.
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    • New
      Contact for pricing
      1,575 SF

      Commercial Building in Fort Smith

      Commercial building with office and warehouse space for sale.
      515 Towson Ave, Fort Smith, AR 72901
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    Similar Nearby for Lease

    • $3,500 /Mo
      1,890 SF

      Move-In Ready Convenience Store Space

      1,890 SF convenience store with gas pumps for lease.
      5307 Towson Ave, Fort Smith, AR 72901
      View Details
    • $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
      View Details
    • $3,500 /Mo
      4,800 SF

      Downtown Retail Space Available

      Retail space with offices, washroom, and breakroom in downtown.
      504 Garrison Ave, Fort Smith, AR 72901
      View Details
    • $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
    • $300,000
      5,050 SF

      Downtown Fort Smith Commercial Property

      Historic building in vibrant downtown area, suitable for modern business.
      703-705 Rogers Ave, Fort Smith, AR 72901
      View Details
    • $2,100 /Mo
      3,622 SF

      Retail Building with Warehouse

      Retail building with warehouse space available for lease.
      322 Towson Ave, Fort Smith, AR 72901
      View Details
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    423 Garrison Ave
    Fort Smith, AR 72901
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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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