2413 Hillsboro StEl Dorado, AR 71730

Property Details for 2413 Hillsboro St

Year built

2006

Lot size

7.52 AC

Property size (Sq ft)

45,186 SF

Property type

Motels

APN

00000-17032-0215

APU

170320215

Description

This exceptional 1.7-acre commercial land parcel, located at 2413 W. Hillsboro St, El Dorado, Arkansas, 71730, presents a remarkable investment opportunity. Priced at $329,000, this property offers unparalleled potential for a variety of commercial ventures. Its strategic location within El Dorado provides easy access to key areas, including the vibrant downtown core, SouthArk Community College, and the crucial interchange between Highway 82B and the Highway 82 bypass. The proximity to the Country Inn & Suites further enhances its appeal and visibility. Surrounded by a thriving commercial environment, this lot is ideally positioned to capitalize on the existing business activity and attract a significant customer base. The 1.7 acres provide ample space for development, allowing for flexibility in design and construction to suit diverse business needs. This is a rare opportunity to acquire a prime commercial lot in a rapidly growing area of El Dorado, offering significant long-term investment potential. Don't miss this chance to secure a piece of El Dorado's thriving commercial landscape. The property's coordinates are 33.2066022 latitude and -92.6970271 longitude. Union County is the location of this property.

• CAP approach

  CAP return

  Valuation

  6%

  $8,156,224

  6.5%

  $7,528,822

  7%

  $6,991,048

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,531,089

  Geo Method

  $7,595,564

• Alternative Use

  Use

  Valuation

  Residential

  $8,219,286

  Hospitality

  $7,528,822

  Educational

  $6,263,891

  Medical

  $6,479,316

  Retail

  $9,743,831

Location Insight

City

El Dorado

County

Union

State

Arkansas

Latitude

33.2062

Longitude

-92.6968

CBSA code

20980

CBSA name

EL DORADO, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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