Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    209 Main St El Dorado, AR 71730-6111

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    209 Main St El Dorado, AR 71730-6111

    View on Map
    • Retail space
    • 11,292 SF
    • 0.16 lot acres
    Off-Market
    Property ID
    US05-1884629
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The El Dorado House / (Bike/Boat/Book/etc) Store
    • At Ease Essentials / (Bike/Boat/Book/etc) Store
    • At Ease Licensed Massage Therapy and Bodywork Clinic - Michael R. Cary LMT / Alternative Medicine Practice / Spa & Massage Center
    • Four Points Coffee Co. / Cafe & Coffee Shop
    • Personal Transformation Institute / High School

    Property Details for 209 Main St

    Year built
    1927
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.16 lot acres
    Property size
    11,292 SF
    Property type
    Retail space
    APN
    00020-00050-0000
    APU
    20000500000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    El Dorado
    County
    Union
    State
    Arkansas
    Longitude
    -92.6624
    Latitude
    33.2116
    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
    $2,338
    $4,320
    $41,170
    $45,490
    -
    $21,600
    $205,850
    $227,450

    Comparable in this City

    • Value Estimation by Request
      11,184 SF

      1116 Hillsboro St

      RETAIL STORES (PERSONAL SERVICES) • 11,184 SF
      1116 Hillsboro St, El Dorado, AR 71730-7585
      View Details
    • Value Estimation by Request
      3,384 SF

      1201 Hillsboro St

      RETAIL STORES (PERSONAL SERVICES) • 3,384 SF
      1201 Hillsboro St, El Dorado, AR 71730-7592
      View Details
    • Value Estimation by Request
      1,770 SF

      614 Hillsboro St

      RETAIL STORES (PERSONAL SERVICES) • 1,770 SF
      614 Hillsboro St, El Dorado, AR 71730-7043
      View Details
    • Value Estimation by Request
      2,240 SF

      1031 Hillsboro St

      RETAIL STORES (PERSONAL SERVICES) • 2,240 SF
      1031 Hillsboro St, El Dorado, AR 71730-7575
      View Details
    • Value Estimation by Request
      2,328 SF

      111 Jefferson Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,328 SF
      111 Jefferson Ave, El Dorado, AR 71730-6107
      View Details
    • Value Estimation by Request
      2,488 SF

      115 Jefferson Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,488 SF
      115 Jefferson Ave, El Dorado, AR 71730-6107
      View Details

    Similar Nearby for Sale

    • $1,498,000
      14,034 SF

      Versatile Commercial Building on Large Lot

      14,000+ sqft building on 1.47 acres in El Dorado, AR.
      310 Thompson Ave, El Dorado, AR 71730
      View Details
    • $699,000
      8,000 SF

      Versatile Commercial Property in El Dorado

      One-acre property with 8,000 SF building, ideal for diverse businesses.
      1407 N West Ave, El Dorado, AR 71730
      View Details
    • $225,000
      8,905 SF

      Downtown El Dorado Building and Land

      Two buildings totaling 8905 SF in downtown El Dorado.
      418 W Main St, El Dorado, AR 71730
      View Details
    • Contact for pricing
      600 SF

      Corner Lot Commercial Property

      Versatile commercial property on corner lot, move-in ready condition.
      800 W Main St, El Dorado, AR 71730
      View Details
    • $45,000
      3,381 SF

      Commercial Space in El Dorado

      Commercial space with open floor plan in El Dorado, AR.
      109 Berry Ave, El Dorado, AR 71730
      View Details
    • $300,000
      1,280 SF

      Established Restaurant Business For Sale

      Turnkey restaurant opportunity with equipment, recipes, and catering trailers.
      1000 E Main St, El Dorado, AR 71730
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land in Growing Retail Corridor

      Land available in a rapidly expanding residential and retail corridor.
      West 28Th St, El Dorado, AR 71730
      View Details
    • Contact for pricing

      Former Bowling Alley For Rent

      Former bowling alley available for rent on a busy street.
      440 S Bradley Ave, El Dorado, AR 71730
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    209 Main St
    El Dorado, AR 71730-6111
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    209 Main St, El Dorado, AR, 71730

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!