1700 Towson AveFort Smith, AR 72901

  • Commercial real estate
  • 13,327 SF
For Sale
$250,000 View listing

Property Details for 1700 Towson Ave

Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.32 AC
Property size (Sq ft)
13,327 SF
Property type
Commercial real estate
APN
17604-0012-00003-00
APU
1760400120000300

Description

This exceptional Fort Smith, Arkansas property presents a unique mixed-use investment opportunity, encompassing retail, warehouse, and land components. Located at 1700 Towson Ave and extending to 1711 S 11th St, this 1.28-acre lot boasts a prime location with high visibility and traffic. The retail space, situated at 1700 Towson Ave, offers approximately 3,000 square feet with a substantial 98-foot frontage on a high-traffic thoroughfare averaging 21,000 vehicles daily. The adjacent warehouse, accessed from P Street, provides over 10,000 square feet of space, equipped with one drive-in door and two loading docks, ideal for various industrial uses. An additional land parcel at 1711 S 11th Street adds further development potential. The property is zoned C-5 & I-1, allowing for diverse commercial and industrial applications. The single-story building is 30 years old and comprises a total of 13,426 square feet across one unit. This owner-user investment is priced at $250,000 and presents a compelling opportunity for significant return. The property's strategic location, combined with its versatile space and ample land, makes it an attractive proposition for both established businesses and forward-thinking investors.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,329,744
    Hospitality
    $1,218,039
    Educational
    $1,013,394
    Medical
    $1,048,246
    Retail
    $1,576,391
1700 Towson Ave, Fort Smith, Arkansas

Location Insight

City
Fort Smith
County
Sebastian
State
Arkansas
Latitude
35.3671
Longitude
-94.422
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
$1,290
$8,400
$16,180
$24,580
-
$42,000
$80,900
$122,900

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