249.64 +/- Acres Cross County, Arkansas Asking Price: $1,000,000
LOCATION:
The farm is located approximately 3 miles north of Parkin and 30 miles west of the Mississippi River bridge in Memphis, TN.
SIZE:
249.64 +/- deeded acres 242.98 +/- tillable acres Typical crops produced in the area are corn, cotton, rice, soybeans, wheat and milo.
IMPROVEMENTS:
Approximately half of the farm has been leveled to grade and is furrow irrigated. 138 acres are irrigated and the balance of the tillable acres are non-irrigated. The water depth is approximately 40 feet and recharges from the Mississippi River. There are no farm structures on the premises.
SOILS:
Soils on this farm are highly productive with Dundee silt loam, Alligator Clay, and Earle Clay making up the majority of the farm.
USDA/FSA Crop Bases and Yields:
Crop Base
Acreage
Yield
Wheat
99.3
41 bu.
Rice, long-grain
93.4
4680 lb.
Soybeans
71.2
39 bu.
Rice, medium-grain
8.9
4680 lb..
LEASE:
Possesion of the farm is subject to the existing lease that expires on December 31, 2019. The existing lease allows for 25% of the crop produced net to the landlord.
PRICE:
This farm is offered on the public market at a price of $1,000,000 ($4,006.00 per deeded acre and $4,116.00 per tillable acre). The farm is sold "where is" "as is".
All content is copyright protected as intellectual property of White Land Company
