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    603 Lexington Ave Fort Smith, AR 72901-4736
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    Property profile & analytics

    603 Lexington Ave Fort Smith, AR 72901-4736


    • Medical Office Space
    • 6,946 SF
    • 0.48 lot acres
    Off-Market
    Last Sale Jul 20, 2020
    $1,000,000
    Property ID
    US05-1296588
    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
    $970,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bittle Matthew C DDS / Dental Office
    • Murphy Vent S DDS / Dental Office
    • Jared Acosta / Dental Office

    Property Details for 603 Lexington Ave

    Year built
    1995
    Lot size
    0.48 lot acres
    Property size
    6,946 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    12763-0003-00070-00
    APU
    1276300030007000

    Description

    Exceptional opportunity to acquire a 6,946 square foot, two-story Class B medical/office building located at 603 Lexington Ave, Fort Smith, AR 72901. Built in 1995 and renovated in 2015, this vacant property sits on a 0.48-acre lot zoned C-2, offering significant flexibility for various uses. Previously configured as a pediatric dental clinic, the building boasts a spacious waiting area, a former game room, accounting area, manager's office, x-ray rooms, a large lab, eight private exam rooms, a substantial open cleaning area with capacity for ten chairs and sinks, a large break area with cubbies, and two private offices on the second floor. The layout is adaptable to a range of medical or general office applications. The asking price is $1,250,000 ($179.96/sq ft). Fixtures, furniture, and equipment are not included in the sale price. This property presents a compelling investment opportunity in a desirable location near Baptist Health Hospital. The building features one unit in a single building. Property details include APN 12763-0003-00070-00 and fee simple ownership.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $935,000
      ML approach
      $1,020,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $904,000
      Market price range: $348k - $905k
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,315,000
      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
    -94.4173
    Latitude
    35.378
    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
    $9,634
    $11,970
    $171,540
    $183,510
    -
    $59,850
    $857,700
    $917,550
    More about this property
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