Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Maumelle Land Ready for Development Title is generated by Realmo AI

    1101 Murphy Drive, Maumelle, AR 72113

    View on Map
    Claim this Listing
    For Sale
    $138,000

    Land Only - Maumelle, AR

    Property size:
    2,050 SF
    Lot size:
    0.42 Acres
    Price / SF:
    $67/SF
    Added:
    Nov 10, 2025
    Days on Market:
    188
    Last Refresh:
    May 17 at 5:06 pm

    Property Features for 1101 Murphy Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C3
    Standard status
    Active
    Size
    2,050 SF
    Lot size
    0.42 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Annual Amount
    412

    Building Details

    Year built
    1996
    Flooring type
    None
    Building materials
    Other, See Remarks
    Roof type
    Other, See Remarks
    Architectural style
    Other

    We can help!

    Listing Contact
    Crystal Childers
    Crystal Childers

    Listing agent Crystal Childers

    Listing office Keller Williams Realty 12814 Cantrell Road, Little Rock, AR

    Listing date Nov 10, 2025

    MLS# 25045248 Listing URL

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large lot, almost half an acre, suitable for various uses.
    • Existing slab from former business, potentially reducing construction costs.
    • High traffic location from surrounding businesses.
    • Existing parking lot and landscaping.
    • Conveniently located only three minutes from the center of Maumelle.
    • Year Built: 1996

    Overview

    This property features approximately 0.42 acres of commercial land in Maumelle, Arkansas. The site contains a slab remaining from a former Lucky's Sports Bar & Grill. Existing parking and landscaping are in place. The property is zoned C3 and is located near area businesses with high traffic. It is situated approximately three minutes from the center of the city.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maumelle
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.395128
    Latitude
    34.867318

    Nearby Similar for Sale

    • $528,000

      Prime Commercial Land in Maumelle

      Corner pad site in growing area, suitable for various uses.
      109 Diamond Park Ln, Maumelle, AR 72113
      View Details
    • $4,824,031

      Maumelle Commercial Development Opportunity

      Prime commercial land for development in Maumelle, Arkansas.
      0 Maumelle Boulevard, Maumelle, AR 72113
      View Details
    • $325,000

      Maumelle Acreage on Highway 365

      Level acreage ideal for development on Highway 365.
      14225 Old Maumelle Rd, Maumelle, AR 72113
      View Details
    • $1,900,000
      7,200 SF

      Mixed-Use Investment Opportunity, Maumelle

      1.2 acres with building, home, and warehouse near I-40.
      21505 Hwy 365 N, Maumelle, AR 72113
      View Details
    • $7,250,000
      41,136 SF

      Maumelle Condo Portfolio Opportunity

      24-unit condo portfolio in Maumelle's desirable Country Club area.
      225 Country Club Parkway, Maumelle, AR 72113
      View Details
    • $500,000

      Maumelle Land Investment Opportunity

      Prime C1 zoned land in Maumelle, AR for sale.
      00 Odom, Maumelle, AR 72113
      View Details
    • $138,000

      Residential Lot in Country Club

      Level lot with lake view and green space.
      511 Corondelet Lane, Maumelle, AR 72113
      View Details
    • $34,900

      Residential Lot in Maumelle, AR

      Residential lot with approved custom home plans available in Maumelle.
      112 Turtle Creek Cove, Maumelle, AR 72113
      View Details
    • $138,000

      Residential Lot in Maumelle, AR

      Residential lot available in Country Club of Arkansas.
      505 Corondelet Lane, Maumelle, AR 72113
      View Details
    • $86,000

      Residential Lot in Maumelle, AR

      Level lot for building a custom home.
      604 Corondelet Lane, Maumelle, AR 72113
      View Details
    • $125,000

      Residential Lot with Valley Views

      0.62-acre homesite in gated subdivision with valley views.
      15621 Summit View Lane, Maumelle, AR 72113
      View Details
    • $200,000

      Residential Lot in Maumelle, AR

      Level lot to build your dream home with neighborhood amenities.
      117 Turtle Creek Cv, Maumelle, AR 72113
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land in Maumelle ready for new development.
    Where is this commercial land located?
    The property is located at 1101 Murphy Drive Maumelle, AR.
    What is the asking price?
    The asking price for this property is $138,000.
    What are key features of this property?
    This property features: Large lot, almost half an acre, suitable for various uses.; Existing slab from former business, potentially reducing construction costs.; High traffic location from surrounding businesses.
    (501) 553-8216
    We can help!
    Listing Contact
    Crystal Childers
    Crystal Childers
    Learn More
    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.
    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
    1101 Murphy Drive, Maumelle, AR 72113
    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!