8 Block C Southern Hl Jonesboro, AR 72404

This exceptional 2-acre commercial lot, designated Lot 8 Block C in the Southern Hills development of Jonesboro, Arkansas, is priced at $2,265,120. Zoned C-3, it presents a unique investment opportunity within a rapidly growing area. Southern Hills is experiencing significant infrastructure improvements, including a new 3-lane road connection designed to alleviate traffic congestion. Further enhancements are underway, such as a planned traffic signal at Southwest Drive and South Ridge, and improvements to the intersection of Southwest Drive and Kellers Chapel Road. The development boasts completed pedestrian amenities like bike trails and sidewalks, and is seeing active commercial and residential construction. Currently, approximately 31 new homes are under construction, with plans for 192 Class A multi-family units commencing construction in 2024, and an additional 300 Class A multi-family units slated for 2027. This translates to a total projected rooftop count of 647 units, indicating substantial future growth and increased demand. The property's strategic location in Jonesboro, AR, zip code 72404, offers excellent access and visibility within a dynamic and expanding community. This lot presents a compelling investment opportunity for developers seeking to capitalize on the burgeoning Southern Hills development. The asking price reflects a cost of $26 per square foot.