4023 Spradling AveFort Smith, AR 72904

Property Details for 4023 Spradling Ave

Lot size

0.77 AC

Property size (Sq ft)

1,222 SF

Property type

Retail properties

APN

12209-0014-00022-00

APU

1220900140002200

Description

This established Fort Smith meat market, located at 4023 Spradling Ave, presents a unique owner-user opportunity. Boasting over 40 years of community service, this single-story, 1,222 square foot retail space sits on a 0.42-acre lot (APN 12209-0014-00022-00) and is zoned C-2. The property includes a walk-in cooler and freezer, essential for the business's operations. Recent improvements include a new air conditioning system. All existing equipment is available for purchase, providing a seamless transition for the new owner. The building is classified as Class B and features excellent visibility and high traffic flow, ensuring continued success. This turnkey operation offers a strong foundation for continued growth within the thriving Fort Smith market. The property's single-unit structure simplifies management, while its established clientele base provides immediate revenue potential. This is an exceptional opportunity for an owner-operator seeking a profitable, established business with significant upside. The asking price is $170,000.

• CAP approach

  CAP return

  Valuation

  6%

  $156,590

  6.5%

  $144,545

  7%

  $134,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $220,272

  Geo Method

  $220,272

• Alternative Use

  Use

  Valuation

  Residential

  $121,929

  Hospitality

  $111,686

  Educational

  $92,922

  Medical

  $96,117

  Retail

  $144,545

Location Insight

City

Fort Smith

County

Sebastian

State

Arkansas

Latitude

35.415

Longitude

-94.3856

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].