5400 6Th StFort Smith, AR 72904

Property Details for 5400 6Th St

Lot size

4.14 AC

Property size (Sq ft)

50,972 SF

Property type

Office buildings

APN

18199-0004-00000-00

APU

1819900040000000

Description

This expansive 50,972-square-foot industrial warehouse, situated on a generous 4.14-acre lot in Fort Smith, Arkansas, presents a compelling owner-user opportunity. The property, located at 5400 N 6th St, boasts a 24-foot clear height, providing ample space for various industrial operations. The single-story building is zoned I-1, offering flexibility for a range of uses. The warehouse is currently vacant, allowing for immediate occupancy and customization to suit specific business needs. Noteworthy features include fully remodeled offices completed in 2018, adding a modern touch to the property. The substantial lot size provides significant room for future expansion, catering to growth and scalability. The asking price is $2,500,000, translating to $49.05 per square foot. The property's address is 5400 N 6th St, Fort Smith, AR 72904, and its APN is 18199-0004-00000-00. This is an exceptional opportunity to acquire a well-located, spacious industrial warehouse with significant expansion potential in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $4,443,323

  6.5%

  $4,101,529

  7%

  $3,808,562

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,646,027

  Geo Method

  $3,646,027

• Alternative Use

  Use

  Valuation

  Residential

  $5,085,896

  Hospitality

  $4,658,654

  Educational

  $3,875,945

  Medical

  $4,009,244

  Retail

  $6,029,248

Location Insight

City

Fort Smith

County

Sebastian

State

Arkansas

Latitude

35.4287

Longitude

-94.3741

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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