603 Lexington Ave, Fort Smith, AR 72901-4736
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.
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Bittle Matthew C DDS Dental Office
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Murphy Vent S DDS Dental Office
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Jared Acosta Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.