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
Price cut: $28K (8/3)
$112,000
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
- 168 days
- 15
- 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
Originating MLS: Northwest Arkansas Board of REALTORS MLSFacts & 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
- Cumulative days on market: 164 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Price change | $112,000-20% |
Source:  ArkansasOne MLS #1344130 Report a problem | ||
| 4/24/2026 | Listed for sale | $140,000 |
Source: ArkansasOne MLS #1344126 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 72901
Nearby schools
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.
- $4,500-- bd-- ba720 sqft1217 Phoenix Ave LOT 2, Fort Smith, AR 72901Off Market
- $5,300-- bd1 ba980 sqft1217 Phoenix Ave LOT 17, Fort Smith, AR 72901Off Market
- $5,700-- bd-- ba600 sqft1217 Phoenix Ave LOT 12, Fort Smith, AR 72901Off Market
- $3,700-- bd-- ba714 sqft1217 Phoenix Ave LOT 4, Fort Smith, AR 72901Off Market
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