11.02 Acres in Jonesboro, AR - $1,818,300

This 11.02 +/- undeveloped land is a prime piece of real estate, located in the Southern Hills Development, strategically located along highway 49 with high visibility and significant traffic flow of 28,000 cars per day on Southwest Drive. The land is zoned for 176 Class A apartments, making it an excellent opportunity for developers aiming to build premium, modern multifamily housing. The developing Southern Hills development features a wide variety of businesses, including restaurants, Shadrach's Coffee, full service (with Tesla charging) gas station, Tommy's Car Wash, automotive services and more which cater to a growing and vibrant community. The site is set to benefit from a future traffic light, which will enhance accessibility and ease of entry, making it even more appealing to residents and visitors alike. The surrounding infrastructure and planned improvements signal a high-growth area with strong potential for increased property values and commercial success. The land is ideal for developers looking to capitalize on the demand for high-quality housing and the synergy of a thriving business district.

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