Southern Hills Ln Jonesboro, AR 72401

This exceptional 3.32-acre commercial land parcel is situated in the thriving Southern Hills Development in Jonesboro, Arkansas, located behind a Kum & Go convenience store. The asking price is $2,012,472, translating to approximately $14 per square foot. This strategic location benefits from significant infrastructure improvements underway, including a projected three-lane connection from South Culberhouse to Southwest Drive designed to alleviate traffic congestion. Applications for a traffic signal at Southwest Drive and South Ridge are in progress, and improvements to the intersection of Southwest Drive and Kellers Chapel Road are also planned. The area boasts completed pedestrian infrastructure, such as bike trails and sidewalks, enhancing walkability and accessibility. The development is experiencing robust growth, with commercial construction already underway, approximately 31 new residential homes under construction, and plans for 192 Class A multi-family units commencing construction in 2024, followed by an additional 300 Class A multi-family units in 2027. This translates to a total projected rooftop count of 647 units, indicating a significant increase in population and consumer demand. This property presents a unique opportunity to capitalize on the substantial growth and development within Southern Hills, offering excellent potential for a variety of commercial ventures. The property is located in Craighead County, Arkansas, with a Jonesboro zip code of 72401, and is easily accessible via Southern Hills Ln.