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Three+/- acres of prime property at the interchange of I-40 and State Hwy 1, Forrest City, AR. Forrest City, Arkansas is located in Northeast Arkansas off of Interstate 40, between Little Rock and Memphis (45 miles west of Memphis and 85 miles east of Little Rock). Forrest City' population is approximately 15,371. Forrest City, is known as the Jewel of the Delta, and the Hub of Business and Industry in Eastern Arkansas. Forrest City is home to several businesses employing over 200 people such as Boars Head Provision, Airtherm Products Inc., Coremart, Federal Correctional Institute and Forrest City Medical Center.