2423 Central AveEl Dorado, KS 67042

Property Details for 2423 Central Ave

Year built

1976

Lot size

0.70 AC

Property size (Sq ft)

2,380 SF

Zone code

C1

Property type

Drive through restaurants

APN

008-212-04-0-00-30-003.00-0

APU

82120400030003000

Description

This exceptional 2,380 square foot freestanding restaurant space, formerly a Pizza Hut, presents a unique opportunity for a savvy entrepreneur. Located on Central Avenue, El Dorado's main thoroughfare, this highly visible property boasts excellent traffic counts and prominent placement. The building offers exclusive use of a pole sign along West Central Avenue, ensuring maximum brand visibility. The space is a second-generation restaurant, meaning some existing kitchen equipment may be available for use, potentially saving on initial setup costs. This turnkey location is surrounded by a strong mix of national and local businesses, including Verizon, Quik Trip, Domino's, Harbor Freight, Sutherlands, Jimmy John's, and numerous banks, creating a vibrant and established commercial environment. The single-tenant occupancy provides complete control and flexibility for the new tenant. This is an ideal location for a restaurant seeking high visibility and a strong customer base in a thriving commercial area. The property's prime location and existing infrastructure make it an attractive investment for a variety of restaurant concepts. The high traffic counts and established neighborhood ensure a steady stream of potential customers. Don't miss this chance to establish your business in a premier El Dorado location.

• CAP approach

  CAP return

  Valuation

  6%

  $604,623

  6.5%

  $558,114

  7%

  $518,248

• Comparable approach

  Method

  Valuation

  Relative Method

  $429,008

  Geo Method

  $429,008

• Alternative Use

  Use

  Valuation

  Residential

  $470,790

  Hospitality

  $431,241

  Educational

  $358,787

  Medical

  $371,127

  Retail

  $558,114

Location Insight

City

El Dorado

County

Butler

State

Kansas

Latitude

37.8169

Longitude

-96.8842

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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