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El Dorado Commercial Property For Sale
For Sale
$189,000

701 E Main St, El Dorado, AR 71730

COMMERCIAL - El Dorado, AR

Property Size1,374 SF
Lot Size0.47 Acres
Price / SF$137.55
Days on Market106

Property Features for 701 E Main St

General Information

Property type Commercial Sale
Property subtype Other
Directions From Union County Court House head East on East Main, cross the railroad track and property is on right after the red light.
Subdivision East El Dorado
Standard status Active
APN 00640-00014-0000
Size 1,374 SF
Lot size 0.47 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 2, Block 2, Couch Addition
Tax Annual Amount 1424
Legal Description Lot 2, Block 2, Couch Addition

Building Details

Year built 1964
Floors in Building 1
Listing Agency: Southern Realty Group
Listed By: Cynthia Meadows · License #EB00059031
Added: Apr 21 Changed: May 21 Last Checked: Aug 4 at 4:06AM
MLS# 26017720

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 East Main property, previously operated as a mechanic shop and car lot, is ready for immediate use. The property includes 1,374 square feet of heated and cooled space, featuring an office area, a bathroom, and multiple service bays. A two-post car lift is already in place. Situated on a 0.47-acre lot, the property provides ample space for vehicle parking, inventory display, or equipment storage. The East Main location offers visibility and accessibility for customers, deliveries, and day-to-day operations. This property is suitable for those ready to own their workspace, relocate their current business, or seek a commercial investment.

Key Highlights

  • Ready‑to‑go mechanic shop/car lot setup with existing office, bathroom, and service bays.
  • Includes a two‑post car lift for immediate automotive or service use.
  • Located on East Main, offering high visibility and easy access.

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $16.5k $12.00
− Vacancy −$989 −$0.72
EGI $15.5k $11.28
− OpEx −$4.6k −$3.38
NOI $10.8k $7.90
1,374 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$155.0K
$135.6K – $180.8K (±1% cap)
NOI $10,849 @ 7.0% cap · market cap 5.74%
Second Best
Industrial
$78.5K
$68.7K – $91.6K (±1% cap)
NOI $5,494 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$251.3K
$219.9K – $293.2K (±1% cap)
NOI $17,589 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mallard Motors Car Dealership

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Electrical Service Carpet & Flooring Store Catering Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby
22k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 80% Dining 20%
Mobil Shops & Services
12,683 visits/mo 0.1 miles
First Financial Bank Shops & Services
4,616 visits/mo 0.1 miles
SUBWAY Dining
4,456 visits/mo 0.2 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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Cams Customs Hobby & Paint shop 1706 junction city rd, el dorado, ar 71730
  • Auto Body 1401 s m.l.k. jr blvd, el dorado, ar 71730
  • Mufflex Muffler Center 504 W Hillsboro St, El Dorado, AR 71730
  • Sims Wrecker Services 1513 Junction City Rd, El Dorado, AR 71730
  • Carsons Garage & Towing Service Inc 522 W 1st St, El Dorado, AR 71730

Frequently Asked Questions

What type of property is this?
Auto shop - Mechanic shop and car lot with office and service bays.
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: Ready‑to‑go mechanic shop/car lot setup with existing office, bathroom, and service bays.; Includes a two‑post car lift for immediate automotive or service use.; Located on East Main, offering high visibility and easy access.
More about this property
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