5708 Towson AveFort Smith, AR 72901

Property Details for 5708 Towson Ave

Lot size

0.56 AC

Property size (Sq ft)

1,156 SF

Property type

Drive through restaurants

APN

11811-0002-00000-00

APU

1181100020000000

Description

This exceptional 1,156 square foot restaurant space is ideally situated at 5708 Towson Avenue in Fort Smith, Arkansas, 72901. Boasting a highly visible location directly in front of the AMC theater, this property benefits from significant foot traffic and excellent brand exposure. The 0.55-acre lot provides ample space for outdoor seating or potential expansion. The single-tenant occupancy offers flexibility and control for the new operator. This established location has a proven track record of success as a restaurant space, making it an attractive opportunity for a variety of culinary concepts. The property's prime location within a busy commercial area ensures high visibility and accessibility for customers. This turnkey restaurant space is ready for immediate occupancy, offering a unique chance to establish or expand a thriving business in a desirable Fort Smith location. The property's history as a successful restaurant further enhances its appeal, providing a solid foundation for future success. This is a rare opportunity to acquire a well-positioned restaurant property in a high-traffic area of Fort Smith.

• CAP approach

  CAP return

  Valuation

  6%

  $148,133

  6.5%

  $136,738

  7%

  $126,971

• Comparable approach

  Method

  Valuation

  Relative Method

  $208,375

  Geo Method

  $208,375

• Alternative Use

  Use

  Valuation

  Residential

  $115,344

  Hospitality

  $105,654

  Educational

  $87,903

  Medical

  $90,926

  Retail

  $136,738

Location Insight

City

Fort Smith

County

Sebastian

State

Arkansas

Latitude

35.3297

Longitude

-94.4234

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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