623 Garrison Ave Fort Smith, AR 72901-2508
Property profile & analytics
623 Garrison Ave Fort Smith, AR 72901-2508
- Office buildings
- 60,146 SF
- 0.81 lot acres
Property ID
US05-0674180
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
- Fort Smith Community Development / City Government Office
- City of Fort Smith Utility Maintenance / Water Utility Company
- Carvana Fort Smith AR / Car Dealership
- Fort Smith Collection License / City Government Office
- Fort Smith Historic District / Tour Operator
Property Details for 623 Garrison Ave
- Lot size
- 0.81 lot acres
- Property size
- 60,146 SF
- Property type
- Office buildings
- APN
- 11317-0012-00025-00
- APU
- 1131700120002500
Description
This exceptional six-story office building, located in Fort Smith, Arkansas's Garrison Avenue Historic District at 623 Garrison Ave, 72901, offers 60,146 square feet of traditional and executive office space for lease. Currently, 28,083 square feet is immediately available, divisible into units as small as 2,000 square feet, with a maximum contiguous space of 28,083 square feet. The building features three suites across multiple floors (1, 2, and 6), with ample parking included. The gross lease rate is $14.00 per square foot, which includes all utilities. Tenants are responsible for their own internet, cable, and phone services. Each floor boasts large conference rooms, perfect for meetings and presentations. The sixth floor offers stunning views of downtown Fort Smith. This building sits on a 0.79-acre lot and includes elevators for convenient access to all floors. A significant co-tenant, the City of Fort Smith offices, is already established within the building. This presents a unique opportunity to secure prestigious office space in a vibrant, historic location with excellent amenities and a strong sense of community. The building's central location within the Garrison Avenue Historic District provides easy access to local businesses, restaurants, and cultural attractions.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,860,000
- ML approach
- $2,750,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,120,000
- AI Estimate
- $3,635,000
Market price range: $2.42M - $5.65MMarket price range: $2.27M - $7.47M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,115,000 Current use
- RETAIL STORES
- $4,295,000 Change: +4% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.4241
- Latitude
- 35.3873
- 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
$25,228
$36,110
$444,430
$480,540
-
$180,550
$2,222,150
$2,402,700
