Brooks 40

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Description:
The Brooks 40 is an agriculture and recreational investment opportunity consisting 41.1 +/- acres of farmland with 41.1 +/- acres or 100% of the land in cultivation. The farm is located in Cross County, Arkansas near Birdeye, Arkansas, only 45 miles from Memphis, Tennessee. The farm is conveniently accessed via an all-weather surfaced county road, a short drive from Higwhay 42. The farm, with its gentle undulation, allows for a diverse mix of productive crops.

 

Location:
Birdeye, Arkansas, Cross County, Northeast Arkansas The SE 1/4 of SW 1/4 of Section 33, Township 9 North, Range 4 East. LAT/LON: 35.2130, -90.4031

 

Access:
Easily accessed via gravel road, a short drive from Highway 42.

 

Acreage Allocation:
41.1 +/- acres per Farm Service Agency 41.1 +/- acres in cultivation or 100% of acres.

 

Soils Allocation:
Alligator Silt Loam - 98%, Mantachie Silt Loam - 2.0%

 

Topography:
The farm has gentle undulating with slopes of less than 1%.

 

Irrigation:
100% of the cultivated acres are irrigated as the farm is precision leveled.

 

Improvements:
1 - turbine irrigation well powered by diesel power unit

 

FSA Acre Allocation:
FSA Farm #1065, Cross County, Arkansas
Long Grain Rice - 53.2 acres
Medium Grain Rice - 5.1 acres

All FSA base acres are part of the Price Loss Coverage (PLC) program and have a yield of 4487 pounds per acre.

 

Leases:
The farm is currently leased to a local farmer. The lease is verbal and is based on a 25% crop share.

 

Real Estate Taxes:
Total property taxes are $213.46 annually.

 

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

 

Offering Price:
The Brooks 40 is offered for sale at $175,000 or $4,258 per acre.

 

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