312.6 +/- Acres Humphreys County, Mississippi Asking Price: $1,112,861
LOCATION:
The farm is located 20 miles southeast of Leland and appoximately 15 miles southwest of Indianola, Mississippi
SIZE:
312.6 +/- deeded acres 238.3 +/- tillable acres Typical crops produced in the area are corn, cotton, rice, soybeans and milo.
IMPROVEMENTS:
The farm has an extensive irrigation system. Irrigation water is abundant and sweet. Most of the cropland has been precision leveled. There are no farm structures on the premises.
SOILS:
The extensive land leveling of the farm has vastly improved the soil land capability.
USDA/FSA Crop Bases and Yields:
Crop Base
Acreage
Yield
Generic
127.02
825 lbs.
Corn
32.87
86 bu.
Wheat
34.12
53 bu.
Soybeans
35.25
35 bu.
Rice
4157 lbs.
LEASE:
Possesion of the farm is subject to the existing lease that expires on December 31, 2018. Current tenant desires a new 3 to 5 year lease.
PRICE:
This farm is offered on the public market at a price of $1,112,861.00 ($3560.00 per deeded acre and $4675 per tillable acre). The farm is sold "where is" "as is".
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