The Cartwright Farm

 

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Description
The Cartwright Farm is an agriculture investment opportunity consisting 299.42 +/- acres of farmland with 294.51 +/- acres or 98.4% of the land in cultivation. The farm is located in Crittenden County, Arkansas near Marion, Arkansas, only 10 miles from Memphis, Tennessee. The farm is accessed via a farm turnrow, only 1/2 mile from a paved county road. The farm, with its quality loamy soils and gentle undulation, allows for a diverse mix of productive crops including cotton, corn, soybeans, milo and wheat.
 
Location: 
Marion, Arkansas, Crittenden County, Northeast Arkansas parts of Sections 15 & 16, Township 7 North, Range 8 East.
Center LAT/LON: 35.13488, -90.14213
 
Access: 
Easily accessed via a farm road and Rosoboro Island Road, a short drive from Interstate 55.
 
Acreage Allocation:

299.42 +/- acres per survey
294.51 +/- acres in cultivation or 98.4%

 
Soils Allocation:

Dubbs Silt Loam - 20.1%
Dundee Silt Loam - 29.7%
Sharkey Silty Clay - 41.9%
Beulah - 7.5%
Forestdale Silty Clay Loam - .9%

 
Topography
The farm has gentle undulating with slopes of 0% - 1%.
 
Irrigation: 
71% of the cultivated acres are irrigated by two center pivot irrigation systems.
 
 
Improvements: 

2 - Zimmatic - 1/4 mile center pivot systems with end guns
2 - turbine irrigation wells powered by diesel power units to operate center pivots (power units are not part of the sale)

 
Farm Service Agency acres and programs:
FSA Farm #3604 & 3649, Crittenden County, Arkansas.
 

Crop Acres Yield ARC/ PLC
Wheat 20.4 47 ARC - CO
Generic Base 234.4 742 N/A
Corn 4.8 48 ARC - CO
Grain Sorghum 9.3 57 ARC - CO
Peanuts 1.9 2580 PLC
Soybeans 30.3 36 ARC - CO

 
Leases: 
The farm is currently operated by the owner of the farm. The Cartwright Farm can be sold unencumbered by lease or the owner will consider a sales / leaseback. The owner would welcome the chance to lease the farm in the future.
 
Real Estate Taxes: 
Total property taxes are $1,820.21.
 
Mineral Rights: 
Any mineral rights in possession of the Seller will transfer to the Buyer at closing. 
 
Offering Price: 
The Cartwright Farm is offered for sale at $1,275,000 or $4,250 per acre.
 
Contact Info: 
For additional information regarding this property or to schedule a showing, please contact Franklin Fogleman by calling 901-674-2840.