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    301 Thompson Ave El Dorado, AR 71730

    Sponsored
    For Sale
    $1,498,000

    14,034 SF Medical Office, 1.47 Acres

    Property size:
    14,034 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 14,034 square foot medical office building, situated on a spacious 1.47-acre lot in El Dorado, Arkansas, presents a compelling investment opportunity. Constructed in 1984, the single-story building boasts 100 parking spaces, ensuring ample convenience for patients and staff. A newly installed roof (2024) eliminates immediate capital expenditure needs. Currently partially leased, the property offers significant upside potential. Originally designed as a multi-physician eye clinic, its adaptable layout makes it suitable for a variety of medical uses, or even office or retail tenants. The building's strategic location on Thompson Avenue provides dual street access, optimizing traffic flow and enhancing accessibility for clients. The property's size and features make it an ideal choice for expansion or a new venture in a thriving Arkansas market. The asking price is $1,498,000. This is a rare opportunity to acquire a well-maintained, versatile property in a desirable location. The property is located at 301 Thompson Avenue, El Dorado, AR 71730.

    Property Features for 301 Thompson Ave

    General Information

    Property type
    Medical offices
    Square Feet
    14,034 SF
    Lot Size
    64,033 SF

    Building Details

    Year Built
    1984
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Dorado
    County
    Union
    State
    Arkansas
    Longitude
    -92.6703598
    Latitude
    33.213612

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    FAQs

    What type of property is this?
    Medical office - 14,034 SF Medical Office, 1.47 Acres
    Where is this medical office located?
    The property is located at 301 Thompson Ave El Dorado, AR.
    What is the asking price?
    The asking price for this property is $1,498,000.
    Request Owner's contact information
    301 Thompson Ave El Dorado, AR 71730
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    El Dorado, AR 71730
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 Thompson Ave El Dorado, AR 71730
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