Marvell, AR 72366 - Phillips County

The TLMLAND LLC. Farm consists of approximately 3,360 total acres located in Phillips and Lee County, Arkansas, along the Arkansas State Highway 49 corridor between Marvell & Helena. The total offering has 3,001 tillable acres, and consists of three (3) non-contiguous farm clusters. All three tracts are in close proximity to each other which make this a unique opportunity to acquire a large acreage footprint in the same geographic area with one producer. Since 2020, the majority of the farm has had extensive land leveling and irrigation improvements completed making it a turnkey investment grade farm. Approximately 2,090 acres are furrow irrigated, 581 acres are irrigated bypivots, and 330 acres are non-irrigated. The farms are predominately light soils and have historically been planted in cotton with some rice, corn, wheat, and soybeans rotated in as well. In this offering brochure we will refer to the west farm as the Headquarters Farm, south farm as Old Little Rock Road Farm, and the east farm as the La Grange Farm.

The Headquarters Farm consists of 1,549 total acres resting just north of the community of Marvell in three non-contiguous tracts. There are 1,276 tillable acres, of which 1,087 acres are irrigated by seventeen (17) wells, which are further detailed on the irrigation map included in this offering brochure. Approximately 793 acres are furrow irrigated, and 294 acres are irrigated by pivots. This core tract is bisected by Arkansas State Highway 243 which provides excellent access. The west tract has good access from Phillips County Road 137 and the east tract has access Phillips County Road 263.

The Old Little Rock Road Farm consists of 552 total acres located southeast of the community of Marvell in three non-contiguous tracts. The tillable acreage consists of 538 acres, all of which are furrow irrigated by ten (10) wells, except for 13 acres. The irrigation map included in this offering brochure provides additional details. This core tract has frontage and is accessible from both Phillips County Roads 350 & 357; while the northeast tract is easily accessible from Phillips County Road 350 and the southeast tract from Phillips County Road 336.

The La Grange Farm consists of 1,260 total acres located to the east of the community of La Grange in two non-contiguous tracts. There are 1,187 tillable acres, of which 1,058 are irrigated by eleven (11) wells. Approximately 771 acres are furrow irrigated, and 287 acres are irrigated by pivots. The irrigation map included in this offering brochure provides additional details. The core tract has frontage and access from both Lee County Road 233, and Phillips County Road 210. The western tract is bisected by Phillips County Road 240 which provides good access to both parcels.

Mileage Chart

- Brinkley, AR 51 Miles

- Memphis, TN 70 Miles

- Lake Village, AR 80 Miles

- Greenville, MS 95 Miles

- Little Rock, AR 118 Miles

Acreage: 3,360

- Headquarters Farm: 1,549 acres (1,276 tillable acres)

- Old Little Rock Road Farm: 552 acres (538 tillable acres)

- La Grange Farm: 1,260 total acres (1,187 tillable acres)

Estimated Tax

- Headquarters Farm: $12,304.28 (based on 1,505.30 acres)

- Old Little Rock Road Farm: $5,375.11 (based on 675.17 acres)

- La Grange Farm: $9,571.67 (based on 1,102.88 acres)

Seller will entertain competitive offers on any of the three (3) individual clusters of farms. Contact listing agents for more details.