Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $970,000
    Medical Office Space

    603 Lexington Ave, Fort Smith, AR 72901-4736

    6,946 SF 0.48 ac lot Built 1995
    Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-1296588
    Property summary
    AI-generated overview

    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
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1995
    Total area 6,946 SF
    Lot 0.48 ac (21,000 SF)
    APN 12763-0003-00070-00
    UPID US05-1296588
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bittle Matthew C DDS Dental Office
    • Murphy Vent S DDS Dental Office
    • Jared Acosta Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.02M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $905k
    Blend (final) Blend
    $970k
    Owner & transaction history
    Lexington Sparkman LLC · 5 yrs held
    Lexington Sparkman LLC
    since 2020
    Last sale
    $1.0M
    2 recorded transactions
    2020
    $1.0M
    2015
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.4M +7.4%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 603 Lexington Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message