Commercial Real Estate in Fort Smith – Page 2

Unlock property data on 8,425 commercial properties in Fort Smith. Search through Fort Smith property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Fort Smith commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Fort Smith commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Arkansas Fort Smith
Average price/sqft $1,075 $565 $320
Median price/sqft $120 $98 $47
Average sold price $1,044,280 $459,070 $2,548,151
Median sold price $197,184 $66,674 $130,663
Number of sales 3,896,619 56,037 828
Number of sales over $250k 1,652,112 12,448 271
Number of sales over $1m 376,992 3,327 87
Number of sales over $10m 51,617 234 29
Average total tax amount $9,270 $704 $3,762
Average assessed value $316,885 $14,071 $75,534
Average market value $436,996 $70,360 $377,674

Fort Smith commercial real estate property averages

Property averages United States Arkansas Fort Smith
Average lot size 816,554 sf 937,359 sf 137,293 sf
Median lot size 24,475 sf 67,663 sf 20,861 sf
Average building area 1,077 sf 315 sf 139 sf
Median building area 77 sf 30 sf 32 sf
Median year built 1971 1986 1999
Average number of units 16 21 18
Median number of units 2 3 3

Fort Smith commercial real estate total supply

Supply United States Arkansas Fort Smith
Number of parcels 58,466,290 1,174,111 8,483
Aggregate lot acerage 1,006,474,711 15,511,977 20,991
Aggregate building area 8,055,396,245 sf 25,744,404 sf 291,071 sf
Aggregate units 90,031,430 321,556 14,087

Fort Smith commercial real estate industrial mortgages

Debt United States Arkansas Fort Smith
Number of mortgages 41,929,296 376,524 11,478
Average value of mortgages $5,197,800 $5,652,393 $7,922,439

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