Possum City 80

 

The Possum City Farm is an agriculture and recreational investment opportunity consisting 80 +/- acres of farmland with 64.35 +/- acres. The farm is located in Cross County, Arkansas near Cherry Valley, Arkansas, only 12 miles North of Wynne, Arkansas. The farm is conveniently access via State Highway 1. The farm, with its precision leveled land and quality soils allows for a diverse mix of productive crops. The farm could easily be established into a duck hunters paradise.



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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