$2,350,000
$2,350,000
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Address not disclosed England, AR 72046
345 Acres Lot
Key Details
Sold Price $2,350,000
Property Type Vacant Land
Sub Type Farm or Ranch Land
Listing Status Sold
Purchase Type For Sale
Subdivision Metes & Bounds
MLS Listing ID 24025233
Sold Date 10/04/24
Annual Tax Amount $3,897
Lot Size 345.000 Acres
Acres 345.0
Property Description
The “North England Farm” consists of 345 +/- deeded acres with 315 +/- of those acres being tillable, cropland A. Located just north of England, AR, this contiguous tract lies on the south side of Central High Rd and is dissected by Indian Bayou on the northeast corner. All 315 of the tillable acres are currently in zero-grade rice production and are all irrigated via 3 wells strategically located across the farm as well as by one re-lift in the Indian Bayou. Currently, there is a prominent local tenant in place who is farming this tract on a crop share of 75/25 with no input cost for the owner. Though considered an investment-grade production farm, this tract stands out due to its location in a prominent area for duck hunting. With Indian Bayou running through the property along with its near proximity to some of the world's most renowned duck hunting locations, properties in this area have been highly sought out for their recreational history. This property was leased out for the 2023-2024 duck season for $15,000 and have requested to continue that lease for the 2024-2025 season should the new owner wish to carry that on.
Location
State AR
County Lonoke
Area England School District
Exterior
Utilities Available Well-On Property, Elec-Municipal (+Entergy)
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