Industrial Properties in Fort Smith, Arkansas, offer a unique investment opportunity for those looking to capitalize on the city's strong manufacturing sector. With a rich history dating back to its establishment as a western frontier military post in 1817, Fort Smith has evolved into a regional manufacturing center, hosting major plants for companies like Rheem, Trane, and Georgia-Pacific. Industrial Properties in Fort Smith can be a lucrative investment, representing a range of opportunities, from warehouses and distribution centers to manufacturing facilities and research and development spaces. The city's infrastructure, including two water treatment plants, the Massard Water Reclamation Facility, and major roads like Rogers Avenue and Phoenix Avenue, supports the needs of industrial businesses. Additionally, Fort Smith's location near major highways, such as Interstate 40 and Interstate 49, provides convenient access to other major areas in the region. The city's strong educational institutions, including the University of Arkansas at Fort Smith and the Arkansas College of Osteopathic Medicine, also contribute to a skilled workforce, making it an attractive location for industrial businesses. With attractions like the Fort Smith Regional Art Museum, the Fort Smith Museum of History, and the Chaffee Crossing Historic District, Fort Smith is a great place to live, work, and visit.
Fort Smith, Arkansas, is home to 5 Industrial Properties for sale, offering a range of options for investors. The average price per square foot is $67 USD, with an average size of 16,874 square feet. The largest Industrial Property available is 36,648 square feet. In addition to Industrial Properties, Fort Smith also offers other types of properties, including Warehouses, with their own unique characteristics and investment opportunities. Land is also available for development, providing a blank canvas for investors to build their own Industrial Property. Apartment Buildings and Commercial Real Estate round out the range of options, each with its own advantages and benefits. With its strong economy, rich history, and cultural attractions, Fort Smith is an attractive location for investors looking to capitalize on the city's growth and development.
What is the average price per square foot for industrial properties in Fort Smith?
The average price per square foot for industrial properties in Fort Smith is $67 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Fort Smith, Arkansas, as they impact the ease of doing business, logistics, and supply chain management.
- Proximity to major highways such as Interstate 40 and Interstate 49, as well as the Fort Smith Regional Airport, can increase industrial property values by providing convenient access to regional and national markets.
- The presence of major transportation facilities, including the Fort Smith Regional Airport and the train station in the Chaffee Crossing Historic District, can also boost industrial property values by facilitating the movement of goods and people.
- Additionally, the city's location at the confluence of the Arkansas and Poteau rivers can provide industrial properties with access to water transportation, further enhancing their value.
