1,460 acres + – Crittenden County, Arkansas

527_raglandr

SOLD…1,460 acre grain farm near Horseshoe Lake west of Hwy 147 and north of the Green River Road in Crittenden county, Arkansas in sections 3, 4, 9 and 10 T4N R7E. Approximately 25 minurtes from downtown Memphis, Tn.

1,460 acres more or less (acreage to be determined by a new survey) @ $2,472 per acre.

1,460 acres total m/l
1,420 acres cropland acres
40 acres m/l duck holes/bayou/roads

Irrigation: 2,640′ center pivot will water approximately 550 acres and three other “flood type” irrigation wells are available for a total of 4 wells.

*Approximately one mile frontage on Fifteen Mile Bayou and 1/2 mile frontage on Boggy Bayou.

ASCS Crop Bases:
Rice – 112 acres m/l
Wheat – 372 acres m/l
Soybeans – 1200 acres m/l

SOILS: Shu, Sha, Tnu – Call for soil maps.

Total acres of this tract will be determined by a new survey and price will be adjusted based on $2,472 per acre.

FARM RENT: Cash rent at $95.00 per crop acre. The farm is rented for the 2009 and 2010 crop years. Any crop rents will be prorated at closing. Call office for rent information and ASCS farm maps, etc.

DUCK HUNTING: This tract has a nice duck hole located on the south end of the farm. This mallard hole has been producing good duck hunting opportunities for many many years. Water control structures, levees, a duck blind and well are in place.

ACCESS: The farm has access off of 2 different county roads. Great access!

PRICE: SOLD SOLD SOLD SOLD

*Adjoining 1,455 acre tract available for a total of 2,915 acres more or less and priced at $2,472 per acre.

BROKERS OPINION: This farm is competitively priced at $2,472 per acre with other farms in the immediate area having sold in the $2,500 – $2,750 range. In todays market, tracts of land like this are getting harder and harder to find.
Investors can realize a greater return from income producing farmland than they can with C.D.’s or the stock market.

Contact:
Joey Burch, broker/agent 501-454-1782
Ricky Harris, agent 901-870-7216
Shown by appointment.

Status: Sold
Price: $3,609,120
Address: Hwy 147 area
City: Horseshoe Lake area
County: Crittenden
State: Arkansas
Zip: 72348
Listing ID: 527
Acres (approx.): 1460
Bedrooms:
Bathrooms:
Agent: Joey Burch

Area / Additional Features:
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Additional Photos

Listing Agent: Joey Burch

Joey Burch

Joey has a background in family farming and is an avid hunter in the Arkansas and Mississippi Flyways. He travels the region everyday bringing together buyers and sellers of farmland and recreational properties and is licensed in Arkansas, Missouri, Louisiana and Mississippi. Whether you are looking for farmland, hunting properties, or a weekend retreat in the Ozarks, Joey can assist you. Joey has won many tourism awards in the past for designing agricultural tours for visitors to our area and is also the founder and publisher of Farm and Cabin Magazine. Joey Burch, Principal Broker and one of the founders of Outdoor Properties, LLC.
www.farmandcabin.com
Email: jhb@outdoorproperties.com
Phone: 501-454-1782
Mobile: 501-454-1782
Fax: 870-269-7665

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