5000 Rogers AveFort Smith, AR 72903

  • Commercial real estate
  • 94,903 SF
For Lease
$16/SF/YR View listing

Property Details for 5000 Rogers Ave

Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.96 AC
Property size (Sq ft)
94,903 SF
Property type
Commercial real estate
APN
18883-0000-01005-00
APU
1888300000100500

Description

This exceptional Class B office building, Arvest Tower, located at 5000 Rogers Ave, Fort Smith, AR 72903, offers multiple suites for lease. The nine-story building, constructed in 1980 and renovated in 2020, boasts a total of 94,903 square feet. Currently, 4,000 square feet of vacant space is available, divisible to a minimum of 4,000 square feet. The building features three elevators, a 10-foot ceiling height, and is zoned C-5 in Sebastian County. Suite 700, for example, provides a versatile layout ideal for various businesses, including six private offices, an executive boardroom with city views, an open office area, a private data room, workstations, and a small break area. All maintenance and utilities are included in the lease. The building's recent upgrades include a state-of-the-art security system with tornado warnings and other security alerts. This prime location on Rogers Avenue offers convenient access to Fort Smith's amenities and infrastructure. Contact us today to learn more about leasing opportunities in this well-maintained and updated office building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,469,253
    Hospitality
    $8,673,785
    Educational
    $7,216,488
    Medical
    $7,464,674
    Retail
    $11,225,647
5000 Rogers Ave, Fort Smith, Arkansas

Location Insight

City
Fort Smith
County
Sebastian
State
Arkansas
Latitude
35.3643
Longitude
-94.3763
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
$76,147
$62,730
$1,387,690
$1,450,420
-
$313,650
$6,938,450
$7,252,100

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