623 Towson Ave, Fort Smith, AR 72901-4723
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.
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T-Mack’s BBQ & FISH, LLC Restaurant
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.