England, ARLonoke County

THE CENTRAL FARM

LONOKE COUNTY, ARKANSAS BEING +/- 440 ACRES MORE OR LESS

ASKING PRICE IS $4,750 PER ACRE

Click Here for: Property Brochure_The Central Farm

Property Overview:

The Central Farm is an excellent agricultural and recreational investment located in the heart of the Arkansas Grand Prairie. Comprised of 440 +/- acres, it provides income from farming operations currently using an 80/20% crop share split, and has excellent opportunities for waterfowl and white tail deer hunting.

+/- 440 total acres

+/- 324.63 FSA tillable acres

+/- 70 acres in income producing Conservation Reserve Program (CRP)

Farm #1741 Tract #2461

Current 80/20% Crop Share

Duck Hunting

Deer Hunting

Location:

The Central Farm is located in Lonoke County on the north side of Central High Road just northeast of England, Arkansas.

Little Rock 30 miles

Stuttgart 26 miles

England 7 miles

Memphis 130 miles

Surrounding Properties:

The Central Farm is surrounded by excellent rice, corn, and soybean farms in the middle of duck country. Besides Bakers Bayou and Indian Bayou, Cross Bayou is just to the south, making this an excellent location in the middle of the Grand Prairie Flyway.

Property Highlights:

Dissected by both Indian Bayou and Bakers Bayou, the waterfowl potential is remarkable. While it does have a current hunting history, with the right development, this property would be of a quality that any duck hunter would admire.

The tillable farmland is comprised of 324.63 FSA crop base acres. The current farm tenant is a well-respected farmer that annually produces high yields and works hard to ensure the land is well taken care of. The property has two 8 gearhead wells, and can also be irrigated by a re-lift from Bakers Bayou. The soil make up is largely silt clay and silt loam. The southern most 46 +/- acres have been highly improved through zero-grade leveling and are in continuous rice production. In addition, 70 acres +/- of the farm are enrolled in CRP making annual payments of $7,134.

Land Area:

The farm offered is comprised of 440 +/- acres, with 326.63 FSA crop base acres.

Improvements:

This property is a well improved farm with two eight inch gearhead wells that irrigate the property. The current farm tenant also uses a tenant owned re-lift out of Bakers Bayou to help irrigate the farmers own property, as well as the Central Farm. The southernmost 46 acres is zero-graded rice ground.

Income:

The farm lease provides the current owner with an 80/20% crop share agreement, while the ground enrolled in CRP makes and annual payment of $7,134.

Taxes:

The taxes are $2,732.48.

Price:

Price Reduced on 01.31.2020:

The listing price is $4,750 per acre, or $2,090,000 total.

Listing/Showing Info:

Wellons Real Estate is the exclusive representative firm of the Seller. For additional information or to schedule a private tour of the property, please contact Ben Wellons at 501.482.LAND (5263) or email [email removed] The information here within is intended only for the person(s) to which are agents/brokers of Wellons Real Estate and may contain proprietary, business-confidential and/or privileged material. All information here within has been reported to be truthful and accurate, however Wellons Land does not warrant or guarantee such. If you are not the intended recipient of this document you are hereby notified that any use, review, retransmission, dissemination, distribution, reproduction or any action taken in reliance upon this message is prohibited. If you received this in error, please contact the sender and delete the material from any computer.