17 10Th StFort Smith, AR 72901

  • Warehouses
  • 13,771 SF
For Sale
$265,000 View listing

Property Details for 17 10Th St

Lot size
0.16 AC
Property size (Sq ft)
13,771 SF
Property type
Warehouses
APN
11317-0008-00050-00
APU
1131700080005000

Description

This exceptional investment opportunity, located at 17 N 10th St in Fort Smith, Arkansas, presents a substantial 13,771 square foot storefront property priced at $265,000 ($19.24/sq ft). The two-story building boasts two sizable commercial retail spaces, complemented by two large warehouse areas ideal for extra storage. The upper level presents significant flexibility, suitable for conversion into either apartment units or office space, catering to diverse development strategies. Situated in a high-traffic downtown location, this property is primed for significant returns. The asking price reflects the potential for substantial renovations, making it an attractive proposition for developers seeking to capitalize on the revitalization of Fort Smith's downtown area. The property's versatility and prime location in Sebastian County, zip code 72901, offer a compelling investment opportunity with considerable upside potential. This is a multi-faceted property with retail and potential multifamily uses. The high traffic counts in this area ensure strong visibility and potential for high occupancy rates.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,374,046
    Hospitality
    $1,258,619
    Educational
    $1,047,156
    Medical
    $1,083,169
    Retail
    $1,628,909
17 10Th St, Fort Smith, Arkansas

Location Insight

City
Fort Smith
County
Sebastian
State
Arkansas
Latitude
35.3856
Longitude
-94.4213
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
$1,323
$5,638
$19,553
$25,191
-
$28,190
$97,765
$125,955

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