2001 Margo Ln Jonesboro, AR 72401

This exceptional commercial land parcel, located at 2001 Margo Lane in Jonesboro, Arkansas, presents a unique investment opportunity. The 1,400 square foot lot boasts approximately half an acre of space, strategically positioned on a corner lot with significant frontage. Enjoy approximately 210 feet of frontage on East Highland (Highway 18) and approximately 105 feet of depth along Margo Lane. The property is currently zoned C-3 with a limited use overlay, making it suitable for a variety of commercial ventures. Currently generating monthly income of $700 from a month-to-month tenant, this property offers immediate cash flow potential. Its prime location is further enhanced by its proximity to the proposed east bypass on MLK Drive, designed to connect to Highway 49 at the Farville curve, diverting traffic from Red Wolf Boulevard to the I-555 connection. This strategic location makes it exceptionally well-suited for businesses such as food outlets or convenience stores, capitalizing on the increased traffic flow. The asking price for this high-potential commercial property is $324,900. Don't miss this chance to own a piece of Jonesboro's thriving commercial landscape. The zip code is 72401, and the property is situated in Craighead County.