The West Road Farm

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Description: Download Informative PDFThe West Road Farm is an agriculture and recreational investment opportunity consisting 312 acres of farmland with 305 acres or 98% of the land in cultivation. The farm is located in Crittenden County, Arkansas near Proctor, Arkansas, nestled a short 25 miles from Memphis, Tennessee. The farm is conveniently access via an all weather surfaced county road. The farm is set up for the waterfowl enthusiasts as it possess three established pits and a 500 foot, enclosed duck hunting blind. The blind is set up for the all day hunt with comfortable space to rest, eat and enjoy your company.




Location:
Proctor, Arkansas, Crittenden County, Northeast Arkansas
The NE 1/4 of Section 7, Township 5 North, Range 7 East and the NW 1/4 of Section 8, Township 5 North, Range 7 East Center LAT/LON - 35.07167, -90.38247

 

Access:
Easily accessed via West Road, a short drive from Interstate 40.

Acreage Allocation:
312.01 +/- acres per Farm Service Agency
305.46 +/- acres in cultivation or 98%
1.5 +/- acres in roads or .5%
4.95 +/- acres in ditches and tree lines or 1.5%

Soils Allocation:
Alligator Silty-Clay - 40%
Sharkey Silty-Clay - 60%

Irrigation:
100% of the cultivated acres are precision land formed and irrigated.

Improvements:
2 - electric submersible irrigation wells
2 - turbine irrigation wells powered by diesel power units
8 - risers for crop irrigation
3 - duck hunting pits
1 - 500 square foot enclosed duck blind / clubhouse
A site establish for the access to and operation of a RV with power and water

FSA Acre Allocation:
Please note the Agriculture Act of 2014 will allow for the reallocation of the base acres. The information below is the current acre allocation per FSA.

FSA Farm #3580, Crittenden County, Arkansas
Wheat - 8.2 acres
Soybeans - 122.4 acres
Long Grain Rice - 163.9 acres
Medium Grain Rice - 3.6 acres

Leases:
Cultivated acres are leased for a 75/25% split share for all crops and FSA program benefits. Crop lease is for 2015-2017 crop years, but Seller reserved the right to terminate if required. Duck hunting is currently leased for $10,000 per year. Current lease expires March 1, 2015.

Real Estate Taxes:
Total property taxes are $1425.80 annually.

Mineral Rights:
Any mineral rights in possession of the Seller will transfer to the Buyer at closing.

Recreation:
The farm has a long history for quality duck hunting. The combination of the flooded rice and bean fields, with multiple pits and blinds, offers a hunter a chance to vary his hunting experiences.

Utilities:
Electricity is available at the property.

Offering Price:
The West Road Farm is offered for sale at $1,525,000 or $4,890 per acre.

Contact Info:
For additional information regarding to this property or to schedule a showing, please contact Franklin Fogleman by calling 901-674-2840.