rice

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    Description:
    The Hyatt Farm is an agriculture and recreational investment opportunity consisting 192.82 +/- acres of farmland with 165.61 +/- acres or 86% of the land in cultivation. The farm is located in Mississippi County, Arkansas near Joiner, Arkansas, only 30 miles from Memphis, Tennessee. The farm is conveniently accessed via State Highway 61.

     

    Location:
    Joiner, Arkansas, Mississippi County, Northeast Arkansas
    LAT/LON: 35.2933, -90.1023

     

    Access:
    Easily accessed via Highway 61.

     

    Acreage Allocation:
    192.82 +/- acres per Farm Service Agency, 165.61 +/- acres in cultivation or 86%, 27.21 +/- acres in woods, roads, and ditches or 14%.

     

    Soils Allocation:
    Tunica Silty Clay – 28.3%
    Sharkey Silty-Clay – 39.8%
    Earle Clay – 20%
    Misc. Soils Complexes – 11.3%

    Topography:
    The farm has gentle undulating with slopes of
    0% - 1%.

     

    Irrigation:
    There is no irrigation at this time.

     

    Leases:
    The farm is currently under lease to a local farming operation. Lease terms call for 25% of the crop and government payments to accrue to the owner.

     

    Real Estate Taxes:
    Total property taxes paid for 2016 are $1,616.20.

     

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

     

    FSA Acre Allocation:
    Wheat Base Acres: 60.00 Wheat PLC Yield: 60 bu
    Generic Base Acres: 21.08
    Soybeans Base Acres: 131.86

     

    Offering Price:
    The Hyatt Farm is offered for sale at $550,000 or $2,852 per acre.

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

    The McGavock Farm is an agriculture and recreational investment opportunity consisting 566.76 +/- acres of farmland with 518.74 +/- acres or 92% of the land in cultivation.  The farm is located in Mississippi County, Arkansas near Joiner, Arkansas, only 30 miles from Memphis, Tennessee. The farm is conveniently accessed via State Highway 61.  
     

     

    Location:
    Joiner, Arkansas, Mississippi County, Northeast Arkansas
    LAT/LON: 35.2933, -90.1014

     

    Access:
    Easily accessed via Highway 61.

     

    Acreage Allocation:

    566.76 +/- acres per Farm Service Agency, 518.74 +/- acres in cultivation or 92%,  48.02 +/- acres in woods, roads, and ditches.
     

    Soils Allocation:
    Tunica Silty Clay – 18.6%
    Sharkey Silty-Clay – 41.0%
    Earle Clay – 10.5%
    Misc. Soils Complexes – 29.9%

    Topography:
    The farm has gentle undulating with slopes of 0% - 1%.

     

    Irrigation:
    A ¼ mile center pivot irrigation system is located on the farm but is not part of the sale.

     

    Leases:
    The farm is currently under lease to a local farming operation. Lease terms call for 25% of the crop and government payments to accrue to the owner.

     

    Real Estate Taxes:
    Total property taxes paid for 2016 are $4,832.00.

     

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

     

    FSA Acre Allocation:

    Wheat Base Acres:184.80Wheat PLC Yield: 60 bu
    Generic Base Acres:65.00
    Soybeans Base Acres:406.20

     

    Offering Price:

    The McGavock Farm is offered for sale at 1,650,000 or $2,911 per acre.

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

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    Description:
    The Crown Mill Farm is an agriculture and recreational investment opportunity consisting 4,057 +/- acres of farmland with 3,643 +/- acres or 89.7% of the land in cultivation. The farm is located in Cross County & Crittenden County, Arkansas near Earle, Arkansas, only 25 miles from Memphis, Tennessee. The farm is conveniently accessed via State Highway 184. The farm, with its ample irrigation, allows for a diverse mix of productive crops or could be further improved with land forming to make a great rice farm.

     

    Location:
    Earle, Arkansas, Cross County & Crittenden County, Northeast Arkansas
    LAT/LON: 35.1834, -90.2948

     

    Access:
    Easily accessed via Highway 184. The farm is also bisected by an all-weather county road.

     

    Acreage Allocation:
    4,057 +/- acres per Farm Service Agency 3,503 +/- acres in cultivation or 86.3%, 139.76 +/- acres in CRP or 3.45%, 414.24 +/- acres in building sites, pasture, woods, roads, and ditches or 10.25%

     

    Soils Allocation:
    Alligator Silty Clay – 34.1%
    Alligator Clay – 27.8%
    Sharkey Silty-Clay - 18%
    Dubbs and Dundee Silt Loam – 9.3%

    Topography:
    The farm has gentle undulating slopes of 0% - 1%.

     

    Irrigation:
    Approximately 2,550 +/- acres of the farm are irrigated or 70% of the cultivated acres. Approximately 875 acres are precision leveled, 500 acres are flood irrigated and 1,175 acres are irrigated by center pivots. There are 135 acres irrigated by an additional center pivot which is owned by the current tenant.

     

    Leases:
    The farm is currently under lease to a local farming operation. Lease terms call for 25% of the crop and government payments to accrue to the owner. The current lease expires December 31, 2020.

     

    Improvements:

    • Five (5) Valley Center Pivot Irrigation Systems. Lengths are 12288 LF, 1290 LF, 1580 LF, 1933 LF and 2457 LF. All pivots have diesel power units that will remain with the pivots.
    • Four (4) 18,000-bushel grain bins
    • One (1) Hutchinson 13 x 82 swing away auger
    • Sixteen (16) Irrigation wells. Six (6) electric-powered wells and eleven (10) diesel-powered wells
    • Enclosed Equipment Shed
    • Tenant House/Duck Club

    Note: A sixth pivot on the farm belongs to the tenant.

     

    Real Estate Taxes:
    Total property taxes paid for 2016 are $25,000.13.

     

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

     

    Recreation:
    The farm has a history of quality duck hunting. An existing duck hunting club is established on the farm and has use of the house located on the farm. More details are available upon request.

     

    Utilities:
    Water and electricity are available on the farm and are used to service the house and shop.

     

    FSA Acre Allocation:
    The farm is comprised of the following farm FSA Numbers: 476, 3672, 3764, 3763, 3674 and 3675. The following page contains a chart of the aggregate base of the acres of each crop and farm.

     

    Offering Price:
    The Crown Mill Farm is offered for sale at $15,200,000 or $3,746 per acre.

     
    Contact Info:
    For additional information regarding this property or to schedule a showing, please contact Franklin Fogleman by calling 901-674-2840.
     
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    Description: 
    The French Farm is an agriculture and recreational investment opportunity consisting 190.82 +/- acres of farmland with 185.66 +/- acres or 97% of the land in cultivation.  The farm is located in Mississippi County, Arkansas near Joiner, Arkansas, only 30 miles from Memphis, Tennessee. The farm is conveniently accessed via State Highway 61.  
     
    Location: 
    Joiner, Arkansas, Mississippi County, Northeast Arkansas 
    LAT/LON: 35.2932, -90.1011
     
    Access: 
    Easily accessed via Highway 61.
     
    Acreage Allocation: 
    190.82 +/- acres per Farm Service Agency, 185.66 +/- acres in cultivation or 97%, 5.16 +/- acres in woods, roads, and ditches or 3%.
     
    Soils Allocation: 
    Tunica Silty Clay – 14.0%
    Sharkey Silty-Clay – 43.1%
    Steele and Tunica Soils – 11.2%
    Misc. Soils Complexes – 31.7%
     
    Topography: 
    The farm has gentle undulating with slopes of 0% - 1%. 
     
    Irrigation: 
    A ¼ mile center pivot irrigation system is located on the farm, but the pivot is not part of the sale.  The pivot belongs to the farm tenant.
     
    Leases: 
    The farm is currently under lease to a local farming operation.  Lease terms call for 25% of the crop and government payments to accrue to the owner.  
     
    Real Estate Taxes: 
    Total property taxes paid for 2016 are $1,644.79. 
     
    Mineral Rights: 
    Any mineral rights in possession of the Seller will transfer to the Buyer at closing. 
     
    FSA Acre Allocation: 
    Wheat Base Acres:  64.34Wheat PLC Yield: 60 bu
    Generic Base Acres:  22.67
    Soybeans Base Acres:141.48
     
    Offering Price: 
    The French Farm is offered for sale at $550,000 or $2,882 per acre.
     
    Contact Info:
    For additional information regarding this property or to schedule a showing, please contact Franklin Fogleman by calling 901-674-2840.
     
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    Description:
    The Frost Farm is an agriculturel investment opportunity consisting 74 +/- acres of farmland with 70.5 +/- acres or 95% of the land in cultivation.  The farm is located in Monroe County, Arkansas near Hunter, Arkansas, only 70 miles from Memphis,  Tennessee. The farm is conveniently accessed via Highway 49.  The farm, with its rolling undulation, allows for a diverse mix of productive crops

     

    Location:
    Hunter, Arkansas, Monroe County, Northeast Arkansas. The S 1/2 of the NW 1/4 of Section 1, Township 4 North, Range 2 West.    Center  LAT/LON: 34° 59’ 34.1, -91° 9’ 46.8

     

    Access:
    Easily accessed via Highway 49.

     

    Acreage Allocation:
    74 +/- total acres, 70.50 +/- acres in cultivation or 95%, 3.5 +/- acres in woods and roads or 5%.

     

    Soils Allocation:
    Grenada Silt Loam        58.4%
    Immanuel Silt Loam        28.4%
    Foley – Calhoun Complex    13.2%

     

    Topography:
    The farm has rolling undulating slopes of greater than 1%. Irrigation:
    100% of the cultivated acres are irrigated by furrow irrigation or row fall irrgation.  Improvements:  
    2 – electric, submersible wells

     

    FSA Acre Allocation:
    Crop            Acres        Program
    Wheat            12.9        ARC – CO
    Rice –     Long Grain    41.5        PLC
    Soybeans        62.6        ARC – CO
    Rice – Medium Grain    3.9        PLC

     

    Leases:
    The farm is currently leased to a local farmer for a 20% crop share.  The lease is verbal.

     

    Real Estate Taxes:
    Total property taxes are $307.76 annually.

     

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

     

    Offering Price:
    The Frost Farm is offered for sale at $240,500 or $3,250 per acre.

    The Frost Farm is offered for sale at $220,000 or $2,973 per acre.

     

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

     

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    Description: 
    The Walnut Lake Farm is an agriculture and recreational investment opportunity consisting 253.79 +/- acres of farmland with 198.02 +/- acres or 78% of the land in cultivation.  The farm is located in Lee County, Arkansas, Southwest of Moro, Arkansas. The farm is conveniently accessed  via an all weather road, County Road 129, very close to Highway 79.  The farm, with its loamy soils and precision leveled land, allows for a diverse mix of productive crops. 
     
    Location: 
    Moro, Arkansas, Lee County, Northeast Arkansas. The fractional portion of NW 1/4, the SW 1/4 of the NE 1/4, and the N 1/2 of the SE 1/4  of Section 19, Township 2 North, Range 4 East.  
    LAT/LON: 34.4675, -91.2273 
     
    Access: 
    Easily accessed via County Road 129, from Highway 79. 
     
    Acreage Allocation: 
    253.79 +/- acres per Farm Service Agency 198.02 +/- acres in cultivation or 78% of acres. 
     
    Soils Allocation: 
    Foley - Bonn Complex - 59.4%, Calloway Silt Loam - 13.9%, Zachary Soils - 12.9%, Henry Silt Loams - 9.6%
     
    Topography: 
    The farm has gentle undulation with slopes of less than 1%. 
     
    Irrigation:
    155.94 acres +/- acres precision leveled and irrigated with turbine wells. 42.08 acres +/- acres are not irrigated, but could be leveled.
     
    Improvements:  
    2 -Irrigation wells powered by diesel power units
    The owner will retain the diesel power units and fuel tanks.
     
    FSA Acre Allocation: 
    FSA Farm #3902 , Lee County, Arkansas
    Long Grain Rice69.44 acres 
    Medium Grain Rice6.59 acres
    Wheat41.85 acres
    Soybeans78.39 acres
     
    All rice base acres are enrolled in the PLC program. All soybeans and wheat base acres are enrolled in the ARC - CO program.
     
    FSA Farm #3216, Lee County, Arkansas
    Soybeans20.3 acres
     
    All soybean base acres on this farm are enrolled in the PLC program.
     
    Leases: 
    The farm is currently operated by the owners.  The owners desire to lease back the farm.
     
    Real Estate Taxes: 
    Total property taxes are $1,067.07 annually. 
     
    Recreation:
    The hunting rights have been leased by a local hunting club.  The hunters have utilized several blinds to hunt the flooded fields.  More information available on request.
     
    Mineral Rights: 
    Any mineral rights in possession of the Seller will transfer to the Buyer at closing. 
     
    Offering Price: 
    The Walnut Lake Farm is offered for sale at $1,100,000 or $4,335 per acre.
     
    Offering Price: (REDUCED 12/15/2017)
    The Walnut Lake Farm is offered for sale at $950,000 or $3,743 per acre.
     
    Contact Info:
    For additional information regarding this property or to schedule a showing, please contact Franklin Fogleman by calling 901-674-2840.
     
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    Description:
    The Wilson 200 is an agriculture and recreational investment opportunity consisting 204.79 +/- acres of farmland with 157.62 +/- acres or 77% of the land in cultivation. The farm is located in Lee County, Arkansas near Moro, Arkansas. The farm is conveniently accessed from Highway 78. The farm, with its loamy soils and irrigation improvements, allows for a diverse mix of productive crops.

     

    Location:
    Moro, Arkansas, Lee County, Northeast Arkansas The fractional South 1/2 of Section 4, Township 2 North, Range 4 East. LAT/LON: 34.4833, -91.0188

     

    Access:
    Easily accessed via Highway 78.

     

    Acreage Allocation:
    204.79 +/- acres per Farm Service Agency 157.62 +/- acres in cultivation or 77% of acres.

     

    Soils Allocation:
    Calloway Silt Loam - 50%, Hilleman Silt Loam - 43.8%, other Silt Loams - 7.2%

     

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

     

    Irrigation:
    121.86 +/- acres can be watered down the row, at this time. Seller is planning to install underground pipe or another well to water another 32 acres. After that improvement, all but 3.76 acres of crop land will be irrigated.

     

    Improvements:
    2 -Irrigation wells powered by electricity
    The owner is planning to add another well or underground pipe for additional irrigation.


    FSA Acre Allocation:
    FSA Farm #4257, Tract #214, Lee County, Arkansas
    Long Grain Rice 69.44 acres
    Medium Grain Rice 6.59 acres
    Wheat 41.85 acres
    Soybeans 78.39 acres
    All long and medium rice base acres are enrolled in the PLC program. All soybean and wheat base acres are enrolled in the ARC - CO program.

     

    Leases:
    The farm is currently operated by the owners. The owners desire to lease back the farm.

     

    Real Estate Taxes:
    Total property taxes are $659.50 annually.

     

    Recreation:
    The slough on the farm will impound water for most of the year. The owners have been leasing the slough, totaling about 47 acres to a local hunting club, for duck hunting. More information is available upon request.

     

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

     

    Offering Price:
    The Wilson 200 is offered for sale at $725,000 or $3,540 per acre.

     

    Offering Price: (REDUCED 12/15/2017)
    The Wilson 200 is offered for sale at $665,000 or $3,247 per acre.

     

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