Medical Office with Leased
For Sale
$1,498,000
310 Thompson Ave, El Dorado, AR 71730
Commercial / Industrial, El Dorado, AR
Property Size14,034 SF
Lot Size1.47 Acres
Price / SF$106.74
Days on Market232
Property Features for 310 Thompson Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
50
Subdivision
GOODWIN
Directions
from n west ave, turn right onto w oak st., take a slight right onto thompson ave and the building is on your left.
Standard status
Active
APN
01400-00004-0000
Size
14,034 SF
Lot size
1.47 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
GOODWIN S-D S 135 FT N 200 FT
Tax Annual Amount
11551
Legal Description
GOODWIN S-D S 135 FT N 200 FT
Building Details
Year built
1987
Floors in Building
1
Listing Agency:
Jan's Realty
(870) 862-5435
Listed By:
Tra Cook
(870) 315-0170
Added: Feb 16
Changed: Oct 5
Last Checked: Oct 6 at 12:06PM
MLS# 26005943
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 14,034-square-foot medical office property was built in 1987 and occupies approximately 1.47 acres at 310 Thompson Ave in El Dorado. A portion of the building is leased, while additional space is available for owner occupancy or future tenants. The layout can accommodate medical office use or a multi-tenant configuration.
The roof was replaced in 2024. The property includes parking on its sizable lot.
The roof was replaced in 2024. The property includes parking on its sizable lot.
Key Highlights
- 14,034 square feet on approximately 1.47 acres
- A portion of the building is currently leased; additional space is available
- New roof installed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,743
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,694,860
$2.7M
Cap Rate 7%
$1,924,900
$1.9M
Cap Rate 9%
$1,497,144
$1.5M
Market Conditions
NOI Build-Up for 14,034 SF
Gross rent
$202.1K $14.40/SF
− Vacancy
−$22.4K −$1.60/SF
EGI
$179.7K $12.80/SF
− OpEx
−$44.9K −$3.20/SF
NOI
$134.7K $9.60/SF
Area
Union County, AR
Vacancy
11.10%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,694,860
Cap Rate 7%
$1,924,900
Cap Rate 9%
$1,497,144
Alternative Uses
Best Use
Office B
$1.92M
$1.68M – $2.25M
NOI $134,743 @ 7.0% cap · market cap 8.99%
Second Best
Healthcare Medical
$1.78M
$1.56M – $2.07M
NOI $124,411 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$2.57M
$2.25M – $2.99M
NOI $179,658 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,389
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 71730, AR
31,103
Population
13,774
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
88%
High-School Grad
457.4 sq mi
ZIP Area
68
Density / Sq Mi
$50,845
Median Household Income
$36,959
Median Earnings
$833
Median Rent
$123,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A 2024 roof replacement and existing tenancy provide useful building and occupancy details.
Where is this medical office space located?
The property is located at 310 Thompson Ave El Dorado, AR.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: 14,034 square feet on approximately 1.47 acres; A portion of the building is currently leased; additional space is available; New roof installed in 2024
