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    Property profile & analytics

    119 6Th Ave El Dorado, KS 67042

    • Drug stores
    • 14,990 SF
    • 1.08 lot acres
    For Sale
    View listing
    $850,000
    Value Estimation
    Last Sale
    Jun 26, 2025
    Location Intelligence
    Property ID
    US33-0164106
    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

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

    Property Details for 119 6Th Ave

    Year built
    2007
    Construction
    CONCRETE BLOCKS
    Lot size
    1.08 lot acres
    Property size
    14,990 SF
    Property type
    Drug stores
    APN
    008-211-02-0-10-03-005.00-0
    APU
    82110201003005000

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $745,000

    • CAP approach

      CAP return
      Estimation
      6%
      $965,000
      6.5%
      $975,000
      7%
      $1,000,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $980,000
      Geo Method
      $1,125,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $890,000
      Retail
      $960,000
      Mixed-Use
      $1,075,000
      Hospitality
      $1,050,000
      Educational
      $1,155,000
      Residential Income
      $935,000
      Energy
      $885,000
      Income-Based Land
      $1,180,000
      Food Service
      $910,000

    Location Insight

    • Map
    • Local Demand
    City
    El Dorado
    County
    Butler
    State
    Kansas
    Longitude
    -96.8505
    Latitude
    37.8245
    CBSA code
    48620
    CBSA name
    WICHITA, KS METROPOLITAN 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
    2019
    $65,307
    $18,698
    $456,053
    $474,751
    -
    $74,790
    $1,824,210
    $1,899,000

    Comparable in this City

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      2600 Central Ave

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      1104 Denver St

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      109 Griffith St

      RETAIL STORES (PERSONAL SERVICES) • 432 SF
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      312 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,750 SF
      312 Main St, El Dorado, KS 67042-3413
      View Details
    • Value Estimation by Request
      6,558 SF

      124 Central Ave

      FINANCIAL BUILDING • 6,558 SF
      124 Central Ave, El Dorado, KS 67042-2138
      View Details

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    119 6Th 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
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