Offered for sale are 653.9 (+/-) total acres of timber and farmland located in Crittenden County, Arkansas, in Marion, Arkansas. The property offers an excellent agricultural investment, as well as fantastic opportunities for residential and light commercial development in the future.
All tracts offer access via Gammon Road and McNeely Road. Ninety-one percent of the property is tillable farmland. The gentle undulation and variable and fertile soils make this farm capable of raising any crop. The farm has a rich history of producing great cotton and corn crops. Milo and soybeans have been a staple on the farm for years. In the past few years, rice and beans have been rotated on the precision level field. The gentle undulation has provided drainage to make wheat and double crop beans a strong choice on this farm.
Residential development is taking place on three contiguous tracts. Rustling Oaks is located to the West and is a traditional development of medium-density homes in the $165,000 to $225,000 range. Delta Acres is to the Northwest and features homes from $175,000 to $275,000 on larger rural lots. Coleman Farms is located to the North and features upscale homes of $250,000 to $400,000 on three-acre lots.
The farm is offered for sale at an asking price of $2,850,000.00: $4,358 per acre.
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