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    Property profile & analytics
    OFF-MARKET
    Commercial land

    623 Towson Ave, Fort Smith, AR 72901-4723

    0.32 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US05-1272910
    Property summary
    AI-generated overview

    This exceptional 14,000 sq ft commercial lot in Fort Smith, Arkansas, presents a unique investment opportunity. Located at 623 Towson Ave, 72901, this prime corner property boasts 100 feet of frontage on Towson Avenue and 140 feet on F Street, ensuring high visibility and accessibility. Its strategic position across F Street from Baptist Health and adjacent to the University of Arkansas for Medical Sciences (UAMS) makes it ideally suited for businesses catering to the substantial medical community. The asking price is $280,000, translating to a land value of $20 per square foot. The property's high traffic count and proximity to major medical facilities offer significant potential for a variety of commercial ventures, such as a coffee shop, small retail establishment, or medical-related business. An additional 28,000 sq ft lot is available, offering the potential for expansion and increased frontage along Towson Avenue (300 ft total) and South F Street (140 ft total). The property's APN is 12763-0005-00050-00. This is a rare chance to acquire a well-positioned commercial lot in a thriving area with strong growth potential. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.32 ac (14,000 SF)
    APN 12763-0005-00050-00
    UPID US05-1272910
    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
    • T-Mack’s BBQ & FISH, LLC Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    HISHAN YASIN
    HISHAN YASIN
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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