Speer Farm

295 Acres
Clay County, Arkansas
Asking Price:  $550,000

The Speer Farm is located 1 mile east of Nimmons, Arkansas, 9 miles east of Piggott, Arkansas, and approximately 55 miles northeast of Jonesboro, Arkansas

The Speer Farm consists of 295 acres of farmland, of which 205 acres are cropland. and 90 acres are woodland. 50 acres of the woodland is old timber with an appraised value of $47,000.00.The balance is mitigated from clearing some of the farmland. This timber is 3 years old.
 

Topography

The farm has been precision leveled.
 

Soils

The soil is Commerce Silt Loam, on of the most productive soils in the State.
 

Summary

The Speer Farm is a highly productive farm with great hunting on the timber land. About half of the cropland lies inside the levee and all the timber is inside the levee. When the water is up it will back up on the timber and cropland thus making it attractive for duck hunting. Deer and small game are abundant on the property. Water will not run through the land inside the levee because of another levee next to the river.
 

Improvements

The farm is 100 percent irrigated with two turbine wells. The farm is furrow irrigated, or can be flood irrigated.
 

Water

The water is good and abundant. The static water level is approximately 40 feet.
 

The Speer Farm is priced at $550,000.00 or $1,864.00 per acre