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$ 4,300,000
Est. payment /mo
Price Dropped by $50K
Address not disclosed England, AR 72046
602 Acres Lot
UPDATED:
11/13/2024 06:18 AM
Key Details
Property Type Vacant Land
Sub Type Farm or Ranch Land
Listing Status Active
Purchase Type For Sale
Subdivision Metes & Bounds
MLS Listing ID 24025237
Annual Tax Amount $6,500
Lot Size 602.000 Acres
Acres 602.0
Property Description
The “South England Farm” consists of 602 +/- deeded acres located in Lonoke and Jefferson Counties along Highway 15, just south of England, Ar. This total offering has 565 +/- tillable acres across two non-contiguous tracts. Both tracts are located in very near proximity to each other (within 1/4 mile) and are currently farmed by the same producer who has it leased through the 2025 crop year. The southernmost tract in this offering is located along Highway 15, south of England, AR, and includes five zero-grade fields and one precision-level field. This portion of the farm is irrigated via three electric wells strategically placed across the farm and one diesel-powered unit located on a recovery ditch near the south end. The northernmost tract is located on Tar Bottom Road and is comprised of four zero-grade fields with one precision leveled field located on the northernmost part all irrigated via two diesel-powered turbine wells as well as a diesel-powered re-lift located on a recovery ditch near the middle of this tract. This farm currently has a tenant in place for the next two crop seasons with a “flex” rent structure of $225 cash rent or 77.5/22.5 crop share.
Location
State AR
County Lonoke
Area England School District
Exterior
Utilities Available Well-On Property
Listed by Midwest Land Group, LLC • Zachary C Luster