Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land with Lakeview Title is generated by Realmo AI

    511 Corondelet Lane, Maumelle, AR 72113

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

    LAND - Maumelle, AR

    Lot size:
    0.28 Acres
    Added:
    Apr 8, 2026
    Days on Market:
    45
    Last Refresh:
    May 22 at 2:06 pm

    Property Features for 511 Corondelet Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    Lot 1786
    Tax Annual Amount
    900

    We can help!

    Listing Contact
    Dana Kellerman
    Dana Kellerman

    Listing agent Dana Kellerman

    Listing office CBRPM Maumelle 105 Country Club Parkway Suite 200, North Little Rock, AR

    Listing date Apr 8, 2026

    MLS# 26014376 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

    • Level lot with lake view and green space.
    • Located in Country Club of Arkansas - THE QUARTERS Phase XXIV‑C.
    • Opportunity to build a custom home.
    • Option to choose from existing custom home plans.
    • John Wright Construction is the builder.
    • Potential for completion within approximately 6 months.

    Overview

    This 0.28-acre residential land is located in the new phase of Country Club of Arkansas, specifically in The Quarters Phase XXIV-C. The level lot offers a lakeview and green space. A home can be built on this lot, with construction potentially completed within approximately six months.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Auto Repair Shop Gym & Fitness Center Skin Care Clinic Accounting Firm Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Maumelle
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3656
    Latitude
    34.849082

    Nearby Similar for Sale

    • $1,900,000
      7,200 SF

      Maumelle Commercial Investment Opportunity

      1.2 acres with multiple buildings near high-traffic intersection.
      21505 Hwy 365 N, Maumelle, AR 72113
      View Details
    • $4,824,031

      Maumelle Commercial Development Land

      Prime 8.1-acre commercial development site on Maumelle Blvd.
      Maumelle Boulevard, Maumelle, AR 72113
      View Details
    • $295,000

      Maumelle Land For Sale

      1.53 acres on Hwy 365 ready for development.
      14225 Old Maumelle Rd, Maumelle, AR 72113
      View Details
    • $212,800

      Maumelle Commercial Land For Sale

      Prime industrial commercial land located in Maumelle, Arkansas.
      Louis Nelson Drive lot: 2, Maumelle, AR 72113
      View Details
    • $200,000

      Residential Lot in Maumelle, AR

      Level lot ready for your dream home construction.
      117 Turtle Creek Cv, Maumelle, AR 72113
      View Details
    • $125,000

      Residential Land with Valley Views

      0.62-acre homesite with valley views in gated community.
      15621 Summit View Lane, Maumelle, AR 72113
      View Details
    • $125,000

      Residential Land in Gated Subdivision

      0.71-acre homesite with valley views, convenient location.
      15625 Summit View Lane, Maumelle, AR 72113
      View Details
    • $138,000

      Residential Land in Maumelle, AR

      Residential land for sale in Country Club of Arkansas.
      505 Corondelet Lane, Maumelle, AR 72113
      View Details
    • $811,522

      Prime Commercial Parcels Available

      Two commercial parcels in North Little Rock, Arkansas.
      8910 Counts Massie Rd, Maumelle, AR
      View Details
    • $133,000

      Residential Land with Lakeview

      Level lot in Country Club of Arkansas with lakeview.
      601 Corondelet Lane, Maumelle, AR 72113
      View Details
    • $138,000

      Residential Lot in Maumelle, AR

      Residential lot in Country Club of Arkansas, Maumelle.
      501 Corondelet Lane, Maumelle, AR 72113
      View Details
    • $662,467
      5,000 SF

      Maumelle Investment Property For Sale

      95% occupied investment property in the heart of Maumelle.
      800 Edgewood Drive, Maumelle, AR 72113
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Level lot in Country Club of Arkansas with lakeview.
    Where is this residential land & home lot located?
    The property is located at 511 Corondelet Lane 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: Level lot with **lake view and green space**.; Located in Country Club of Arkansas - THE QUARTERS Phase XXIV‑C.; **Opportunity to build a custom home.**
    (501) 960-0700
    We can help!
    Listing Contact
    Dana Kellerman
    Dana Kellerman
    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
    511 Corondelet Lane, 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!