2401 Central AveEl Dorado, KS 67042

  • Strip malls
  • 9,120 SF
For Lease
$14/SF/YR View listing

Property Details for 2401 Central Ave

Year built
1993
Construction
CONCRETE BLOCKS
Lot size
0.90 AC
Property size (Sq ft)
9,120 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
008-212-04-0-00-30-018.00-0
APU
82120400030018000

Description

This exceptional 1,800 square foot commercial property, located at 2401 W Central Ave in El Dorado, Kansas (zip code 67042), presents a fantastic opportunity for businesses seeking a versatile and well-appointed space. Classified as a Class C, single-tenant retail and office building, it boasts a modern, well-designed interior with abundant natural light, creating a welcoming atmosphere. The property features a customizable layout, allowing tenants to tailor the space to their specific operational needs. High visibility from W Central Ave and easy accessibility ensure strong client traffic. Ample parking is available for both tenants and their visitors, adding to the convenience. Professional landscaping enhances the curb appeal, creating a positive first impression. Contemporary fixtures and finishes are found throughout, reflecting a commitment to quality and modern aesthetics. This property is ideally suited for a variety of professional office uses, retail businesses, or service providers. Its location in Butler County, Kansas offers a strategic position within the El Dorado market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,316,875
    6.5%
    $2,138,654
    7%
    $1,985,893
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,643,931
    Geo Method
    $1,643,931
  • Alternative Use

    Use
    Valuation
    Residential
    $1,804,034
    Hospitality
    $1,652,486
    Educational
    $1,374,849
    Medical
    $1,422,132
    Retail
    $2,138,654
2401 Central Ave, El Dorado, Kansas

Location Insight

City
El Dorado
County
Butler
State
Kansas
Latitude
37.8169
Longitude
-96.8832
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
$19,363
$32,600
$89,625
$122,225
-
$130,400
$358,500
$488,900

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