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    119 6Th Ave El Dorado, KS 67042

    For Sale
    $850,000

    Prime 14,990 SF retail building, excellent location.

    Property size:
    14,990 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A retail property, located at 119 W 6th Ave in El Dorado, Kansas, presents a compelling investment opportunity. The 14,990 square foot building, constructed in 2007, sits on a 1.1-acre lot and boasts a prominent corner location at the signalized intersection of Main Street and 6th Avenue, offering significant street frontage. The building features a steel frame, brick and block exterior, and a modified bitumen roof. Ample parking is available with approximately 57 spaces on the asphalt surface. The interior is currently vacant, having previously housed a Walgreens pharmacy. The property is zoned C-1 and includes a total of 46,860 square feet of land across one parcel. The asking price is $850,000, with a price per square foot of $56.70. The 2023 property taxes were $39,760.85. This two-story free-standing building offers significant potential for a variety of retail uses. The substantial size and prime location make this a rare opportunity in the El Dorado market. All offers are subject to the Walgreens Real Estate Committee.

    Property Features for 119 6Th Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    14,990 SF
    Class
    A
    Lot Size
    47,916 SF

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • 14,990 SF building on a 46,860 SF lot.
    • Single parcel with C‑1 zoning.
    • Approximately 57 parking spaces.
    • Main Street & 6th Avenue corner location with signal.
    • Slab foundation, steel framing, brick and block exterior.
    • Asphalt parking lot and modified bitumen roof.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FedEx OnSite Mailing Service Anna K. Johnson, ... Pharmacy Capitol Federal ATM Atm Western Union Money Transfer Service COVID-19 Drive-Thru Testing ... Medical Laboratory

    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
    Butler
    State
    Kansas
    Longitude
    -96.850206885092
    Latitude
    37.824822333894

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    FAQs

    What type of property is this?
    Individual retail property - Prime 14,990 SF retail building, excellent location.
    Where is this individual retail property located?
    The property is located at 119 6Th Ave El Dorado, KS.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 14,990 SF building on a 46,860 SF lot.; Single parcel with C-1 zoning.; Approximately 57 parking spaces.
    Request Owner's contact information
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    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
    119 6Th Ave El Dorado, KS 67042
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