Auto Shop with Service
For Sale
$189,000
701 E Main St, El Dorado, AR 71730
Heated and cooled workspace includes an office, bathroom, and installed two-post lift.
Property Size1,374 SF
Lot Size0.47 Acres
Price / SF$137.55
Days on Market47
Property Features for 701 E Main St
General Information
Standard status
Active
Size
1,374 SF
Lot size
0.47 Acres
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Amenities
office area
bathroom
heated and cooled space
Building Details
Year Built
1964
Listing Agency:
Southern Realty Group
Listed By:
Cynthia Meadows · License #EB00059031
(870) 310-3100
Source:
Pcsingtolittlerock
Added: Sep 1
Changed: Oct 7
Last Checked: Oct 7 at 5:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southern Realty Group
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Investment Insights
Based on property information with market context.
This automotive property includes 1,374 square feet of heated and cooled space arranged with an office, bathroom, and multiple service bays. A two-post car lift remains installed, supporting automotive service operations. The property previously operated as a mechanic shop and car lot.
The site encompasses 0.47 acres at 701 E Main St in El Dorado, Arkansas. The lot provides space associated with vehicle parking, display, or equipment storage. Its existing layout combines enclosed workspace with outdoor land, offering a practical setting for an automotive business or other service-oriented operation.
The site encompasses 0.47 acres at 701 E Main St in El Dorado, Arkansas. The lot provides space associated with vehicle parking, display, or equipment storage. Its existing layout combines enclosed workspace with outdoor land, offering a practical setting for an automotive business or other service-oriented operation.
Key Highlights
- 1,374 square feet of heated and cooled space
- 0.47‑acre lot at 701 E Main St, El Dorado, AR 71730
- Multiple service bays with office and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,849
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,980
$217.0K
Cap Rate 7%
$154,986
$155.0K
Cap Rate 9%
$120,544
$120.5K
Market Conditions
NOI Build-Up for 1,374 SF
Gross rent
$16.5K $12.00/SF
− Vacancy
−$989 −$0.72/SF
EGI
$15.5K $11.28/SF
− OpEx
−$4.6K −$3.38/SF
NOI
$10.8K $7.90/SF
Area
Union County, AR
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,980
Cap Rate 7%
$154,986
Cap Rate 9%
$120,544
Alternative Uses
Best Use
Retail
$155.0K
$135.6K – $180.8K
NOI $10,849 @ 7.0% cap · market cap 5.74%
Second Best
Industrial
$78.5K
$68.7K – $91.6K
NOI $5,494 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$251.3K
$219.9K – $293.2K
NOI $17,589 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,181
Businesses Nearby
61k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Groceries 32%
Home Improvements & Furnishings 14%
Dining 9%
Brookshire's
Groceries
19,573 visits/mo
0.5 miles
Dollar General
Shops & Services
10,896 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
8,382 visits/mo
0.4 miles
Shell
Shops & Services
6,678 visits/mo
0.3 miles
KFC
Dining
5,336 visits/mo
0.5 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Dumas & West Auto Machine Works — 820 Robert E Lee St, El Dorado, AR 71730
- Karl Malone Toyota of El Dorado Service — 1830 W Hillsboro St, El Dorado, AR 71730
- RNR Tire Express — 1113 W Hillsboro St, El Dorado, AR 71730
- El Dorado Tire — El Dorado, AR 71730
- Kelley's Automotive & Wrecker — 819 W Hillsboro St, El Dorado, AR 71730
Frequently Asked Questions
What type of property is this?
Auto shop - Heated and cooled workspace includes an office, bathroom, and installed two-post lift.
Where is this auto shop located?
The property is located at 701 E Main St El Dorado, AR.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 1,374 square feet of heated and cooled space; 0.47‑acre lot at 701 E Main St, El Dorado, AR 71730; Multiple service bays with office and bathroom
