4300 Regions Park Dr Fort Smith, AR 72916-9373
Property profile & analytics
4300 Regions Park Dr Fort Smith, AR 72916-9373
- Medical Office Space
- 6,960 SF
- 0.96 lot acres
Property ID
US05-0975315
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.
Location Intelligence
Current Use by Public Records
- Terry Lynn Clark, MD / Physician
- Mercy Clinic Occupational Medicine-Regions Park / Medical Clinic
- Mercy Clinic Occupational Medicine - Regions Park / Medical Clinic
- Ian Thomas Cheyne, MD / Physician
- Dr. Ian Cheyne / Pediatrician / Physician
Property Details for 4300 Regions Park Dr
- Year built
- 2002
- Lot size
- 0.96 lot acres
- Property size
- 6,960 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 16461-0024-00000-00
- APU
- 1646100240000000
Description
Exceptional investment opportunity in Fort Smith, Arkansas, presents a single-tenant, 6,960 square foot Class B medical office building situated on a 0.96-acre lot. The property, located at 4300 Regions Park Drive, boasts a strong, multi-year lease with Mercy, a reputable healthcare provider, ensuring consistent cash flow. The current lease agreement extends until April 30, 2033, with a built-in five-year renewal option, providing long-term stability and predictable income. The building is a single-story structure with a permitted C-5 zoning classification. Priced at $1,600,000, this represents a compelling price per square foot of $229.89. The property's 100% occupancy rate and established tenant minimize vacancy risk and maximize return on investment. The property's location in Sebastian County, Arkansas, zip code 72916, offers convenient access to major transportation routes and a thriving medical community. This is an ideal investment for those seeking a stable, high-performing asset in the healthcare sector. The property's strong lease terms and established tenant make it a low-risk, high-reward opportunity. The asking price reflects the property's value and potential for future appreciation. This is a turnkey investment ready to generate immediate income. The APN is 16461-0024-00000-00.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,500,000
- ML approach
- $1,500,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,730,000
- 6.5%
- $1,595,000
- 7%
- $1,480,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,014,000
Market price range: $776k - $1.77M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,320,000 Current use
- RESTAURANT
- $1,415,000 Change: +7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.3864
- Latitude
- 35.3251
- 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
$7,237
$13,080
$124,770
$137,850
-
$65,400
$623,850
$689,250
