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    Property profile & analytics

    220 10th St El Dorado, AR 71730

    • Drive through restaurants
    • 1,924 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimations
    $220,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-1747065
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 220 10th St

    Year built
    2016
    Construction
    FRAME
    Lot size
    0.40 lot acres
    Property size
    1,924 SF
    Property type
    Drive through restaurants
    APN
    04772-00622-0011
    APU
    4772006220011

    Description

    This exceptional commercial property, located at 220 W 10th St in El Dorado, Arkansas, presents a unique investment opportunity. Previously a fast-food restaurant, this 1,924 square foot building offers a versatile space ideal for a variety of retail or food service businesses. Built in 2016, the property boasts modern construction and a contemporary design. The building sits on a 0.4-acre lot and includes ample parking with 20 spaces. Its prime location on a busy 4-lane highway ensures maximum visibility and exposure, situated near other popular restaurants and shopping destinations. The property benefits from premium sign frontage and an easement, maximizing its marketing potential. The asking price is $325,000. This turnkey opportunity is perfect for an entrepreneur looking to establish a thriving business in a high-traffic area of El Dorado. The property's existing infrastructure, including drive-thru capability, makes it particularly attractive for quick-service restaurants. This is a rare chance to acquire a well-maintained, modern commercial building in a desirable location within Union County, Arkansas, zip code 71730. The single-story building offers a functional layout and is ready for immediate occupancy. Don't miss this chance to own a piece of El Dorado's thriving commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $220,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $236,000
      Market price range: $101k - $236k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Dorado
    County
    Union
    State
    Arkansas
    Longitude
    -92.6647
    Latitude
    33.2269
    CBSA code
    20980
    CBSA name
    EL DORADO, AR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,216
    $20,910
    $41,660
    $62,570
    -
    $104,550
    $208,300
    $312,850

    Comparable in this City

    • Value Estimation
      $250,000
      2,047 SF

      705 Timberlane Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,047 SF
      705 Timberlane Dr, El Dorado, AR 71730-6989
      View Details
    • Value Estimation
      $235,000
      1,578 SF

      1201 Hillsboro St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,578 SF
      1201 Hillsboro St, El Dorado, AR 71730-6911
      View Details
    • Value Estimation
      $225,000
      2,343 SF

      1600 Hillsboro St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,343 SF
      1600 Hillsboro St, El Dorado, AR 71730-6920
      View Details
    • Value Estimation
      $245,000
      2,918 SF

      1305 Nn St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,918 SF
      1305 Nn St, El Dorado, AR 71730
      View Details
    • Value Estimation
      $255,000
      2,701 SF

      1745 Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,701 SF
      1745 Ave, El Dorado, AR 71730-3868
      View Details
    • Value Estimation
      $245,000
      1,771 SF

      1017 Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,771 SF
      1017 Ave, El Dorado, AR 71730
      View Details

    Similar Nearby for Sale

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    • $300,000
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      Established Restaurant Business For Sale

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    • $225,000
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    • New
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      Historic Downtown Commercial Property Available

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    Similar Nearby for Lease

    • $6 SF/Yr
      90,000 SF

      Prime Retail Space - Union County

      Large Vacant Retail Space, High Traffic Area
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      View Details
    • Contact for pricing
      348,480 SF

      El Dorado Retail Center: 8 Acres

      Prime Retail Space: High-Traffic Location, 348,480 SF
      0 28Th St, El Dorado, AR 71730
      View Details
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    220 10th St
    El Dorado, AR 71730
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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