703 Rogers AveFort Smith, AR 72901

  • Warehouses
  • 5,050 SF
For Sale
$305,000 View listing

Property Details for 703 Rogers Ave

Lot size
0.06 AC
Property size (Sq ft)
5,050 SF
Property type
Warehouses
APN
16477-0006-00502-01
APU
1647700060050201

Description

This exceptional 5,050 square foot, two-story building at 703 Rogers Ave in Fort Smith, Arkansas, presents a unique redevelopment opportunity. Located in the heart of downtown, this vacant property boasts a prime location directly across from the Fort Smith Convention Center and adjacent to Prohibition. The building, classified as Class D, is completely gutted, offering a blank slate for a variety of uses. With a permitted zoning of PZD, the possibilities are extensive. The property sits on APN 16477-0006-00502-01 and benefits from high daily traffic volume, with nearly 15,000 vehicles passing by. The building's history adds character, while its current vacant state allows for complete customization. This is a rare chance to acquire a substantial property in a thriving downtown area, ideal for a bar, restaurant, storefront, or other commercial venture. The asking price is $305,000. The property includes one building and one unit. Proximity to a parking garage further enhances its appeal. This is a truly remarkable redevelopment opportunity in a high-demand location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $503,880
    Hospitality
    $461,551
    Educational
    $384,005
    Medical
    $397,212
    Retail
    $597,342
703 Rogers Ave, Fort Smith, Arkansas

Location Insight

City
Fort Smith
County
Sebastian
State
Arkansas
Latitude
35.3859
Longitude
-94.4248
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
$1,641
$2,780
$28,480
$31,260
-
$13,900
$142,400
$156,300

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