Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Dental Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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