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Property profile

7615 Rogers Ave Fort Smith, AR 72903

FOR LEASE
Grocery and convenience stores
Property ID
US05-1524237
3,660 SF 0.54 ac lot Built 1985
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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7615 Rogers Ave, Fort Smith, AR 72903 For Lease
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7615 Rogers Ave, Fort Smith, AR 72903
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Property summary

AI-generated overview

This exceptional commercial property, located at 7615 Rogers Avenue in Fort Smith, Arkansas, presents a unique opportunity for retail businesses. The single-story building, constructed in 1985, boasts a total of 3,663 square feet, currently vacant and ready for immediate occupancy. Situated on a 0.54-acre lot with prominent Rogers Avenue frontage, this property benefits from high visibility and accessibility. The C-5 zoning allows for a variety of retail uses, making it ideal for a diverse range of businesses. The property's location within a busy area of Fort Smith ensures high foot traffic and potential for significant customer reach. The property is available for lease or offers the attractive option of a build-to-suit arrangement, providing flexibility to tailor the space to specific business needs. The parcel's APN is 1888300000299102, and it's situated in Sebastian County, Arkansas, zip code 72903. This is a rare chance to establish a presence in a thriving Fort Smith commercial corridor. The property's single-tenant occupancy and ample space provide a blank canvas for a successful retail venture. The 0.54 acres of land offer significant potential for expansion or outdoor amenities. This prime location offers unparalleled visibility and accessibility, making it an ideal investment for discerning businesses seeking a high-traffic location in a growing market.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1985
Total area 3,660 SF
Lot 0.54 ac (23,522 SF)
APN 18883-0000-02991-02
UPID US05-1524237

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7615 Rogers Ave Fort Smith, AR 72903
Fort Smith metro Census 1301 FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.17M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M

Owner & transaction history

since 2021
Last sale
$1.2M
2 recorded transactions
2021
$1.2M
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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