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125/Acre Cash Lease In Place

Co. Rd. 815 : Palestine, AR 72372

Saint Francis County, Arkansas

317 Acres
$1,521,600
$4,800 / ac
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Farm Description

Acres 317 more or less

The first thing a buyer will notice about this farm is the excellent soil. It is all silt loam which is perfect for growing corn, beans, wheat or really anything. This well-drained silty loam farm is already graded and irrigated with a very adequate water supply. This property has 2 turbine wells that allow for excellent furrow irrigation to all areas of the farm. The L’Angeuile River boarders the east side of the property and a nice roadway leads through the farm right down to the river.

The 2014 crop plan includes 244 acres in rice, and 50 in beans.

All 295 acres are irrigated leaving the balance for beautiful wildlife habitat. There are 2 wells on the property; all are diesel.

Deeded:

317 +/- deeded acres

295+/- irrigated

0 +/- acres dryland crop

22+/- woods

Leased:

The farm will generate $125 cash rent p/acre in 2017-19.

This farm offers excellent duck hunting opportunities and a hunting lease can be offered for $15,000.

Farms Maps & Files

More Farm Details

Flat Terrain
Gravel Road Access
FARMFLIP ID
78055
Last Updated
103 Days Ago

Farm Price History

8/29/17
$1,521,600
$-132,900
-8.0%
3/29/17
$1,654,500
$-4,578,300
-73.5%
3/7/16
$6,232,800
$4,584,400
278.1%

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