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    7801 Phoenix Ave Fort Smith, AR 72903-5091
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    Property profile & analytics

    7801 Phoenix Ave, Fort Smith, AR 72903-5091

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    • Medical Office Space
    • 6,864 SF
    • 1.26 lot acres
    Off-Market
    Last Sale May 10, 2021
    $2,200,000
    Property ID
    US05-2213296
    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.

    Value Estimations
    $2,050,000
    Show details
    Cap Rate Potential
    4.9%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Bryan A. Downing, DDS / Dental Office
    • Dr. Sean Sebourn, DDS - Pediatric Dentist / Dental Office
    • Dr. Russell Gardner, DDS - Pediatric Dentist / Dental Office
    • Dr. Donny Quick / Dental Office
    • Dr. Thomas Sagrera / Dental Office

    Property Details for 7801 Phoenix Ave

    Year built
    2017
    Lot size
    1.26 lot acres
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    16050-0003-00000-03
    APU
    1605000030000003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 27, 2021 — Akshar 5 LLC — Deed · related $1.8M · Arvest Bank
    May 10, 2021 $2,200,000 Akshar 5 LLC Balckburn Capital LLC Warranty Deed —
    Apr 7, 2020 — Blackburn Capital LLC — Deed · related $1.3M · Southern Bancorp Bank
    Dec 12, 2019 $1,639,000 Blackburn Capital LLC 1913 Capital LLC Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,075,000
      ML approach
      $2,025,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,705,000
      6.5%
      $1,575,000
      7%
      $1,460,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,743,000
      Market price range: $766k - $1.74M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,300,000
      Current use
      RESTAURANT
      $1,395,000
      Change: +7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.3463
    Latitude
    35.3472
    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
    $17,785
    $104,280
    $234,490
    $338,770
    -
    $521,400
    $1,172,450
    $1,693,850
    More about this property
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