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Property profile & analytics
FOR LEASE
Auto shops
6812 Phoenix Ave, Fort Smith, AR 72903
Entity Owned
2-yr Hold
Free & Clear
Property ID
US05-0981733
For Lease
1 / 19
$2,500/Mo
6812 Phoenix Ave, Fort Smith, AR 72903
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1997
Total area
3,040 SF
Lot
0.77 ac (33,541 SF)
APN
16017-0005-00000-00
UPID
US05-0981733
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
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
Rrer LLC · 2 yrs held
Rrer LLC
since 2024
Last sale
$260,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Smith submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Smith submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,773
Tax year 2024
Assessed value
$71,860
Assessed 2024
Previous assessed
$71,860
+0.0% YoY
Effective rate
5.25%
On assessed value
Assessed land
$53,670
Assessed improvement
$18,190
Land market value
$268,350
Improvement market value
$90,950
Total market value
$359,300
Applied tax rate
99.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1997
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
3,040 SF
Lot
0.77 ac (33,541 SF)
APN
16017-0005-00000-00
UPID
US05-0981733
Jurisdiction
SEBASTIAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Rrer LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 664, VAN BUREN, AR 72957-0664
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2024
$15,215
Rrer LLC
Commissioner Of State Lands
Redemption Deed
related
—
Dec 13, 2023
$260,000
Rrer LLC
Fast Glass Service LLC
Warranty Deed
—
Jul 22, 2020
—
Fast Glass Service LLC
—
Deed
related
$475,000 · Simmons Bank
Aug 4, 2016
$200,000
Fast Glass Service LLC
Kenneth D Stall
Warranty Deed
$250,000 · Simmons Bank
Apr 7, 2014
$200,000
The Kenneth D Stall Revocable Trust
John S Woodard
Warranty Deed
—
Mar 29, 2005
$10,699
John S Woodard
Commissioner Of State Lands
Redemption Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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