Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Louis Nelson Dr Maumelle, AR 72113
    Back to Search
    Property profile & analytics

    Louis Nelson Dr Maumelle, AR 72113

    View on Map
    • Land
    • 1 SF
    • 4.89 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Louis Nelson Dr

    Lot size
    4.89 lot acres
    Property size
    1 SF
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 4.89-acre parcel, located at the end of a cul-de-sac on Louis Nelson Drive in Maumelle, Arkansas, presents a unique opportunity for industrial development. Zoned I-1 ("Industrial Park District"), this property aligns seamlessly with the surrounding industrial landscape, offering immediate access to established infrastructure and a thriving business community. The asking price is $295,000, translating to $1.38 per square foot. Situated in a high-growth city with a readily available skilled workforce, this site boasts convenient access to major transportation arteries, including Interstates 40 and 430, ensuring efficient logistics and distribution. The property's location at the north end of Louis Nelson Drive, accessible via Carnahan Drive west from Maumelle Boulevard (past Murphy Drive, then left onto Louis Nelson Drive), provides excellent visibility and accessibility. The Pulaski County Assessor's Parcel Number (APN) is 42M0070000312. This prime development site offers significant potential for a variety of industrial uses within a desirable and established industrial park setting.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Maumelle
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3881
    Latitude
    34.8617

    Comparable in this City

    • Value Estimation by Request
      6.14 Acres

      10001 Crystal Hill Rd

      Land • 6.14 Acres
      10001 Crystal Hill Rd, North Little Rock, AR 72113
      View Details
    • Value Estimation by Request
      1.43 Acres

      Maumelle Blvd

      Land • 1.43 Acres
      0 Maumelle Blvd, Maumelle, AR 72113
      View Details
    • Value Estimation by Request
      4.12 Acres

      Murphy Dr

      Land • 4.12 Acres
      0 Murphy Dr, Maumelle, AR 72113
      View Details
    • Value Estimation by Request
      1.09 Acres

      Commerce Cv

      Land • 1.09 Acres
      0 Commerce Cv, Maumelle, AR 72113
      View Details
    • Value Estimation by Request
      1.60 Acres

      Burkhalter Industrial Dr

      Land • 1.60 Acres
      0 Burkhalter Industrial Dr, North Little Rock, AR 72113
      View Details
    • Value Estimation by Request
      4.89 Acres

      Maumelle Industrial Park

      Land • 4.89 Acres
      0 Maumelle Industrial Park, Maumelle, AR 72113
      View Details

    Similar Nearby for Sale

    • $495,000

      Land For Sale

      Land available for sale.
      Murphy Dr, Maumelle, AR 72113
      View Details
    • $133,000

      Residential Land For Sale

      Residential land available in Maumelle, Arkansas.
      601 Corondelet Ln, Maumelle, AR 72113
      View Details
    • Contact for pricing

      Land For Sale Maumelle

      Land available for sale in Maumelle, Arkansas.
      16411 Maumelle Blvd, Maumelle, AR 72113
      View Details
    • $49,900
      0.54 Acres

      Half-Acre Lot in Osage Hills

      Desirable 0.54-acre lot in Maumelle's Osage Hills neighborhood.
      105 Navajo Trl, Maumelle, AR 72113
      View Details
    • $4,000,000

      Land Available Off Highway 365

      Land for sale off Highway 365 in Maumelle, Arkansas.
      off 365 W Bradley Rd, Maumelle, AR 72113
      View Details
    • Contact for pricing

      Commercial Park Court Land For Sale

      Land available for sale in Commercial Park Court.
      98 Commercial Park Ct, Maumelle, AR 72113
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo

      Highway 365 Land For Rent

      Land available for rent on Highway 365 North.
      22024 Highway 365 N, North Little Rock, AR 72113
      View Details
    • $9 SF/Yr
      15,000 SF

      Office/Flex Space Available For Rent

      Office and flex space available with tenant improvement options.
      9800 Maumelle Blvd, Maumelle, AR 72113
      View Details
    • $8 SF/Yr
      56,000 SF

      North Little Rock Warehouse Space

      56,000 SF warehouse space available for lease.
      7000 Counts Massie Rd, North Little Rock, AR 72113
      View Details
    • $5,900 /Mo
      5,900 SF

      Industrial Property with Highway Exposure

      2.83-acre industrial parcel for lease in North Little Rock.
      13300 Long Fisher Rd, North Little Rock, AR 72113
      View Details
    • Contact for pricing

      North Little Rock Flex Space

      Flex space available for lease in North Little Rock.
      41 Collins Industrial Pl, North Little Rock, AR 72113
      View Details
    • $7 SF/Yr
      27,179 SF

      Warehouse with Climate-Controlled Space

      27,179 SF warehouse featuring climate-controlled space.
      9450-9460 Maumelle Blvd, North Little Rock, AR 72113
      View Details
    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.
    Louis Nelson Dr
    Maumelle, AR 72113
    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
    Louis Nelson Dr, 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!