Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Lot 15 Heather Ridge Drive Bigelow, AR 72016

    View on Map
    Claim this Listing
    For Sale
    $33,000

    Residential Lot - Bigelow, AR

    Lot size:
    5.00 Acres
    Added:
    Jul 17, 2025
    Days on Market:
    289
    Last Refresh:
    May 1 at 12:06 am

    Property Features for Lot 15 Heather Ridge Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    304.8

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kristi Copeland
    Kristi Copeland

    Listing agent Kristi Copeland

    Listing office Realty One Group Lock and Key 2120 W. Main, Cabot, AR

    Listing date Jul 17, 2025

    MLS# 25028357 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.

    Overview

    Wooded Lot with Lake Views

    This 5-acre wooded parcel is located in Heather Ridge Subdivision on a quiet dead-end street. The lot offers views of Lake Maumelle and Pinnacle Mountain. It is located a short drive from Little Rock. Some utilities are available at the street. The property is near the Arkansas River and Lake Maumelle.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Bigelow
    County
    Perry
    State
    Arkansas
    Longitude
    -92.635775
    Latitude
    34.913813

    Nearby Similar for Sale

    • $1,299,000

      87 Acres in Bigelow, Arkansas

      Secluded 87-acre oasis near Little Rock with diverse landscape.
      00 Ross Hollow Road, Bigelow, AR 72016
      View Details
    • $304,000

      Highway Frontage Acreage in Bigelow

      9.5 acre tract with extensive highway frontage in Bigelow, Arkansas.
      18337 HWY 113, Bigelow, AR 72016
      View Details
    • $65,000

      Bigelow Acreage with Highway Access

      8.11-acre wooded parcel perfect for building or recreation.
      225 Ledwedge Road, Bigelow, AR 72016
      View Details
    • $60,000

      Land in Bigelow, Arkansas

      Acreage with mature trees, city water, and paved road access.
      31000 W Hundley Road, Bigelow, AR 72016
      View Details
    • $60,000

      Land with Development Potential

      Acreage suitable for development or recreational activities in Bigelow, AR.
      17925 cobb Lane, Bigelow, AR 72016
      View Details
    • $24,000

      Acreage Overlooking Arkansas River

      Rural lot perfect for a future home or getaway.
      Lot 130/131 Westwind Road, Bigelow, AR 72016-0000
      View Details
    • $868,230

      Residential Development Land with Utilities

      Subdivided development land with utilities in place, ready for completion.
      000 Palisades, Bigelow, AR 72016
      View Details
    • $59,900

      Residential Land in Bigelow, AR

      4.4 acres of land with well in Bigelow, Arkansas.
      31 W Southridge Road, Bigelow, AR 72150
      View Details
    • $304,000

      Land on Highway 113

      Land available on Highway 113 in Bigelow, Arkansas.
      18337 HWY 113, Bigelow, AR 72016
      View Details
    • $35,000

      Residential Lot in Bigelow, AR

      Large residential lot in new Bigelow subdivision, ready for development.
      490 Arkansas Highway 113, Bigelow, AR 72016
      View Details
    • $35,000

      Residential Lot in Bigelow, AR

      Large residential lot in new Bigelow subdivision, ready for building.
      490 Arkansas Highway 113, Bigelow, AR 72016
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 5-acre wooded lot with views of Lake Maumelle and Pinnacle Mountain.
    Where is this residential land & home lot located?
    The property is located at Lot 15 Heather Ridge Drive Bigelow, AR.
    What is the asking price?
    The asking price for this property is $33,000.
    What are key features of this property?
    This property features: Breathtaking views of Lake Maumelle and Pinnacle Mountain.; 5‑acre wooded parcel offers peace and privacy.; Located in Heather Ridge Subdivision on a quiet dead‑end street.
    (501) 416-0488
    We can help!
    Listing Contact
    Kristi Copeland
    Kristi Copeland
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!