Possum City 80

 

Location:
Cherry Valley, Arkansas, Cross County, Northeast Arkansas
The E 1/2 of the NE 1/4 of Section 3, Township 9 North, Range 3 East Center
LAT/LON: 35.36959, -90.77316

 

Access:
Easily accessed via State Highway 1.

Acreage Allocation:
80.0 +/- acres per Farm Service Agency
64.35 +/- acres in cultivation or 80%
15.65 +/- acres in roads, tree and a bayou or 20%

 

Soils Allocation:
Arkabutka Silt Loam - 15.7%
Calloway Silt Loam - 42.9%
Collins Silt Loam - 4.7%
Henry Silt Loan - 22.9%

 

Topography:
The farm is precision land formed with slopes of 0%.

 

Irrigation:
100% of the cultivated acres are irrigated.

Improvements:
1 - electric submersible irrigation well
1 - riser for crop irrigation


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 #3273, Cross County, Arkansas.
Soybeans - 20.4 acres
Long Grain Rice - 42.6 acres
Medium Grain Rice - 4.1 acres

 

Leases:
The farm is currently leased for 25% of crop receipts and 25% of the FSA program payments. Currently, there are 38 acres of wheat seeded on the farm.

 

Real Estate Taxes:
Total property taxes are $352.45 annually.

 

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

 

Recreation:
The general area has a well known history for duck hunting.

 

Utilities:
Electricity is available on the property.

 

Offering Price:
The Possum City Farm is offered for sale at $352,000 or $4,400 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