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    Property profile & analytics

    900 Rogers Ave Fort Smith, AR 72901-2604

    • Hotels
    • 94,409 SF
    • 2.81 lot acres
    OFF-MARKET
    Value Estimations
    $4,330,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-1095561
    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.

    Current Use by Public Records

    • 900 Rogers Ave Parking / Parking Lot & Garage
    • Courtyard Fort Smith Downtown / Hotel & Motel

    Property Details for 900 Rogers Ave

    Year built
    2007
    Lot size
    2.81 lot acres
    Property size
    94,409 SF
    Property type
    Hotels
    APN
    16477-0001-00518-00
    APU
    1647700010051800

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,865,000
      Market price range: $1.23M - $3.87M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $2,935,000
      Current use
      COMMERCIAL (GENERAL)
      $5,335,000
      Change: +82% Conversion: Difficult
      WAREHOUSE, STORAGE
      $4,985,000
      Change: +70% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.4235
    Latitude
    35.3838
    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
    $72,911
    $68,890
    $1,319,900
    $1,388,790
    -
    $344,450
    $6,599,500
    $6,943,950

    Comparable in this City

    • Value Estimation
      $1,910,000
      178,951 SF

      700 Rogers Ave

      HOTEL • 178,951 SF
      700 Rogers Ave, Fort Smith, AR 72901-2413
      View Details
    • Value Estimation by Request
      9,311 SF

      323 10th Stb1

      MOTEL • 9,311 SF
      323 10th Stb1, Fort Smith, AR 72901-2233
      View Details
    • Value Estimation by Request
      7,187 SF

      1421 11th St

      MOTEL • 7,187 SF
      1421 11th St, Fort Smith, AR 72901-1545
      View Details
    • Value Estimation by Request
      7,285 SF

      2715 Towson Ave

      MOTEL • 7,285 SF
      2715 Towson Ave, Fort Smith, AR 72901-6348
      View Details
    • Value Estimation by Request
      15,705 SF

      5515 Towson Ave

      MOTEL • 15,705 SF
      5515 Towson Ave, Fort Smith, AR 72901-8807
      View Details
    • Value Estimation by Request
      31,369 SF

      611 11th St

      MOTEL • 31,369 SF
      611 11th St, Fort Smith, AR 72901-2248
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.16 Acres

      Fort Smith Development Opportunity

      Commercial land parcel available in active business area.
      1600 S 11Th St, Fort Smith, AR 72901
      View Details
    • Contact for pricing
      0.16 Acres

      Fort Smith Commercial Land Parcel

      Commercial land parcel in active business area, Fort Smith.
      1712 11Th St, Fort Smith, AR 72901
      View Details
    • Contact for pricing
      Pending

      Historic Beaux Arts Theater Building

      Landmark theater building in Fort Smith, Arkansas.
      9 N 10Th St, Fort Smith, AR 72901
      View Details
    • Contact for pricing
      0.16 Acres

      Residential Lot in Central Location

      Vacant lot suitable for new home or investment property.
      817 S 20Th St, Fort Smith, AR 72901
      View Details
    • $349,000
      2,040 SF

      Renovated Duplex in Fort Smith

      Turnkey investment opportunity: renovated, furnished duplex in prime location.
      5017 S 28Th St, Fort Smith, AR 72901
      View Details
    • $599,000
      5,112 SF

      Remodeled Historical Office Building

      Remodeled office building featuring original woodwork and a third-story apartment.
      120 N 16Th St, Fort Smith, AR 72901
      View Details

    Similar Nearby for Lease

    • $150,000
      25,000 SF

      Fort Smith Commercial Building

      Commercial building in Fort Smith with leasing options.
      310 Towson Ave, Fort Smith, AR 72901
      View Details
    • Contact for pricing
      21,000 SF

      Industrial Building with Office Space

      21,000 SF industrial building featuring warehouse and office space.
      80 South 4Th St, Fort Smith, AR 72901
      View Details
    • $1,170 /Mo
      1,160 SF

      Garrison Avenue Office Suites

      Office suites available on Garrison Avenue with elevator access.
      707-711 Garrison Ave, Fort Smith, AR 72901
      View Details
    • Contact for pricing
      4,069 SF

      Executive Office Suite in Fort Smith

      Prime location, 1100 sq ft available
      423 Rogers Ave, Fort Smith, AR 72901
      View Details
    • Contact for pricing
      5,360 SF

      Downtown Office Space with Views

      Multiple office floors available with 360-degree views.
      524 Garrison Ave, Fort Smith, AR 72901
      View Details
    • $2,500 /Mo
      1,600 SF

      Former Automotive Repair Shop Available

      16,000 SF former auto repair shop for rent.
      401 Wheeler Ave, Fort Smith, AR 72901
      View Details

    Property Visit Statistics

    • Visits by month
      12.6k
    • Visitors by month
      5.9k
    • Avg Time on site
      342 min
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    900 Rogers Ave
    Fort Smith, AR 72901-2604
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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