This 1.03-acre commercial land opportunity on the site of the former Phoenix Village Mall offers an excellent site for future development in Fort Smith. Positioned within an established commercial area, the property provides convenient access, strong surrounding business activity, and flexibility for a variety of retail, office, or service-oriented uses. Offered at an attractive price point, this parcel is well suited for investors, developers, or owner-users seeking a strategic location.
Lot/land
$140,000
Towson Ave #5, Fort Smith, AR 72901
--beds
--baths
1.03Acres
Unimproved Land
Built in ----
1.03 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 74 days |
- 23 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Wade Smith wade.smith@colliers.com,
Colliers International - Branch Office 479-636-9000,
Alan Cole 479-636-9000,
Colliers International - Branch Office
Source: ArkansasOne MLS,MLS#: 1344130
Originating MLS: Northwest Arkansas Board of REALTORS MLS
Facts & features
Property
Features
- Fencing: None
Lot
- Size: 1.03 Acres
- Features: None, Level
- Topography: Level
Details
- Parcel number: 1604500050000000
- Special conditions: None
Utilities & green energy
- Sewer: Not Connected (nearby), Public Sewer
- Water: Not Connected (nearby), Public
Community & HOA
Location
- Region: Fort Smith
Financial & listing details
- Annual tax amount: $201,940
- Date on market: 4/24/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Listed for sale | $140,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 72901
Nearby schools
GreatSchools rating
- 6/10Fairview Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 6/10Ramsey Junior High SchoolGrades: 6-8Distance: 1 mi
- 7/10Southside High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- District: Fort Smith
Source: ArkansasOne MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Arkansas
- Sebastian County
- Fort Smith
- 72901
- Towson Ave Unit 5



