7401 Zero StFort Smith, AR 72903

  • Commercial land
  • 2,814 SF
For Sale
$5,766,350 View listing

Property Details for 7401 Zero St

Lot size
1.40 AC
Property size (Sq ft)
2,814 SF
Property type
Commercial land
APN
10435-0001-00000-00
APU
1043500010000000

Description

This exceptional 149.87-acre agricultural property in Fort Smith, Arkansas, presents a unique investment opportunity. Strategically located near the Fort Smith Regional Airport, Interstate 540, and the city's main business and shopping district, this land offers unparalleled accessibility and potential. The property is divisible into three parcels, accessible from Zero Street and S 66th Street, providing flexibility for various development scenarios. Lot 1 encompasses approximately 113.15 acres, priced at $2,828,750 ($25,000/acre), while Lot 2 comprises roughly 36.72 acres, listed at $2,937,600 ($80,000/acre). The total asking price for the entire 149.87-acre tract is $5,766,350. This land is surrounded by established residential areas, offering proximity to a thriving community. Recreational amenities such as Parrot Island Waterpark, Ben Geren Regional Park, the Arkansas River, and Holis Lake campgrounds are also conveniently located nearby. The property's commercial zoning opens doors to a wide range of development possibilities, making it an attractive investment for both immediate and long-term returns. Detailed lot split information is available upon request. This is a rare opportunity to acquire a significant land holding in a rapidly growing area of Fort Smith, Arkansas. The property is located in Sebastian County, Arkansas, with a zip code of 72903.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $280,776
    Hospitality
    $257,189
    Educational
    $213,978
    Medical
    $221,337
    Retail
    $332,855

Location Insight

City
Fort Smith
County
Sebastian
State
Arkansas
Latitude
35.3261
Longitude
-94.3514
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
$480
$9,150
-
$9,150
-
$45,750
-
$45,750

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