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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Office buildings
206 Griffith St Ste A El Dorado, KS 67042-2060
Entity Owned
Free & Clear
Property ID
US33-0165056
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1994
Total area
9,108 SF
Lot
0.58 ac (25,265 SF)
Zoning code
I-1
APN
008-211-02-0-10-15-001.01-0
UPID
US33-0165056
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Butler County Health Department Public Health Department
-
Butler County Extension Agents County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$937k
Blend (final)
Blend
$935k
Owner & transaction history
BUTLER CO COMMISSIONERS
BUTLER CO COMMISSIONERS
Zoning & alternative use
I-1 · El Dorado, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the district is to permit industrial uses that are not obnoxious due to appearance, noise, emissions, or odor, that do not require intensive land coverage, and that can be compatibly developed with adjacent districts through site plan review
Zone name
Industrial Light District
General category
INDUSTRIAL
Zone area
1,679.10 ac
Source
Realmo
Top alternative use upside
Restaurant
$1.3M
+41.7%
Commercial (general)
$1.1M
+13.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs El Dorado submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Dorado submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$935,000
Current use
RESTAURANT
$1,330,000
Change: +42% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,060,000
Change: +13% · Conversion: Easy
MEDICAL BUILDING
$885,000
Change: -5% · Conversion: Easy
AUTO REPAIR, GARAGE
$840,000
Change: -11% · Conversion: Difficult
WAREHOUSE, STORAGE
$815,000
Change: -13% · Conversion: Difficult
RETAIL STORES
$810,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$103 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Land market value
$30,400
Improvement market value
$530,390
Total market value
$560,790
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1994
Heating
YES
Cooling
YES
Total area
9,108 SF
Lot
0.58 ac (25,265 SF)
Zoning code
I-1
APN
008-211-02-0-10-15-001.01-0
UPID
US33-0165056
Jurisdiction
BUTLER
Zoning & alternative use
I-1 · El Dorado, KSZoning I-1 · permitted uses
I-1 · El Dorado, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the district is to permit industrial uses that are not obnoxious due to appearance, noise, emissions, or odor, that do not require intensive land coverage, and that can be compatibly developed with adjacent districts through site plan review
Zone name
Industrial Light District
General category
INDUSTRIAL
Zone area
1,679.10 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$935,000
RESTAURANT
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$885,000
AUTO REPAIR, GARAGE
Est. value
$840,000
WAREHOUSE, STORAGE
Est. value
$815,000
RETAIL STORES
Est. value
$810,000
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Heating
YES
Cooling
Yes
Lot
0.58 ac
Current owner
From public records · entity-resolved
BUTLER CO COMMISSIONERS
Individual
Free & Clear · 0 yrs held
Mailing address
205 W HEALTH EXT 205TH W CENTRAL AVE AVE, EL DORADO, KS 67042
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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