6210 Massard RdFort Smith, AR 72916

Property Details for 6210 Massard Rd

Year built

2020

Lot size

2.99 AC

Property size (Sq ft)

12,000 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

13979-0144-00000-02

APU

1397901440000002

Description

This exceptional 1,568 square foot office space is situated in the desirable Chaffee Commons at 6210 Massard Road, Suite 103, Fort Smith, Arkansas, zip code 72916. Built in 2019, this single-story building offers a first-class, move-in ready space ideal for a variety of uses, including medical, professional, or retail businesses. The suite boasts five private offices/exam rooms, a welcoming lobby area complete with an electric fireplace, a convenient breakroom, and two private restrooms. The space is part of a larger 6,100 square foot building with a total of three suites. This particular suite represents the entire available space within the building, totaling 1,568 square feet. The property's prime location within Chaffee Crossing provides excellent visibility and accessibility. Nearby businesses include Onyx Aesthetics & Wellness, Chaffee Pharmacy, Chaffee Vet Clinic, Anytime Fitness, Firstar Bank, and Baptist Health, ensuring a thriving and convenient business environment. Lease rate is $32.00 per square foot, plus NNN. The property is easily accessible via its location in Fort Smith, Arkansas.

• CAP approach

  CAP return

  Valuation

  6%

  $1,537,711

  6.5%

  $1,419,426

  7%

  $1,318,038

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,163,067

  Geo Method

  $2,163,067

• Alternative Use

  Use

  Valuation

  Residential

  $1,197,339

  Hospitality

  $1,096,756

  Educational

  $912,488

  Medical

  $943,870

  Retail

  $1,419,426

Location Insight

City

Fort Smith

County

Sebastian

State

Arkansas

Latitude

35.322

Longitude

-94.3429

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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