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    2220 Central Ave El Dorado, KS 67042

    For Sale
    $399,000

    Prime retail pad site, high traffic.

    Property size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land opportunity in El Dorado, Kansas, presents a rare chance to acquire a highly visible 0.93-acre (40,626 sq ft) pad site ideally situated on a hard corner at the intersection of Central Avenue and Haverhill Road. Boasting 190 feet of frontage on Central Avenue, this property benefits from a substantial daily traffic count of 13,400 vehicles. The C-1 zoning permits the development of a 2,400 sq ft retail or restaurant building, with the possibility of incorporating a drive-thru. The site offers excellent visibility and accessibility, with one curb cut on Central Avenue and another on Haverhill Road. Its strategic location is further enhanced by its adjacency to a QuikTrip and proximity to other established businesses including Arby's, KFC, Sonic, Freddy's, Two Brothers BBQ, Braum's, Subway, Long John Silver's, Hog Wild Pit BBQ, and O'Reilly Auto Parts. The property's location near Butler Community College (approximately 3,000 students) provides a substantial potential customer base. The asking price for this vacant land is $399,000. Lease terms are negotiable, contingent upon building specifications. This is an exceptional investment opportunity in a thriving retail corridor.

    Property Features for 2220 Central Ave

    General Information

    Property type
    Land
    Square Feet
    1,800 SF

    HighLights

    • $399,000 asking price for a vacant commercial land parcel.
    • 0.93‑acre lot (40,626 sq ft) suitable for 1,800‑2,400 sq ft retail/restaurant development.
    • C‑1 zoning allows for drive‑thru option.
    • High visibility location on Central Ave, with 190 feet of frontage and 13,400 vehicles per day.
    • Excellent location adjacent to QuikTrip, near other national and local restaurants and retailers.
    • Located near Butler Community College.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    El Dorado
    County
    Butler
    State
    Kansas
    Longitude
    -96.880303473629
    Latitude
    37.817503443948

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    FAQs

    What type of property is this?
    Land - Prime retail pad site, high traffic.
    Where is this land located?
    The property is located at 2220 Central Ave El Dorado, KS.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: $399,000 asking price for a vacant commercial land parcel.; 0.93-acre lot (40,626 sq ft) suitable for 1,800-2,400 sq ft retail/restaurant development.; C-1 zoning allows for drive-thru option.
    (316) 262-0000
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    2220 Central Ave El Dorado, KS 67042
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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
    2220 Central Ave El Dorado, KS 67042
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