TBD Hwy 15, England, AR 72046

$4,350,000
List Price
$4,350,000
Status
ACTIVE
Days on Market
66
MLS#
24025237
Lot Size
26,223,120
Acres
602
Subdivision
Metes & Bounds
MLS Area Major
England School District

Property Description

The “South England Farm” consists of 602 +/- deeded acres located in Lonoke and Jefferson Counties along Highway 15, just south of England, Ar. This total offering has 565 +/- tillable acres across two non-contiguous tracts. Both tracts are located in very near proximity to each other (within 1/4 mile) and are currently farmed by the same producer who has it leased through the 2025 crop year. The southernmost tract in this offering is located along Highway 15, south of England, AR, and includes five zero-grade fields and one precision-level field. This portion of the farm is irrigated via three electric wells strategically placed across the farm and one diesel-powered unit located on a recovery ditch near the south end. The northernmost tract is located on Tar Bottom Road and is comprised of four zero-grade fields with one precision leveled field located on the northernmost part all irrigated via two diesel-powered turbine wells as well as a diesel-powered re-lift located on a recovery ditch near the middle of this tract. This farm currently has a tenant in place for the next two crop seasons with a “flex” rent structure of $225 cash rent or 77.5/22.5 crop share.

Additional Information

Taxes
$6,500

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Calculator source: Real Geeks

Listing courtesy of Midwest Land Group, LLC.