White Land Company proudly presents the Grover Tyer farm and transitional property. This property is partially located in the Wynne city limits and has approximately one-quarter mile frontage on U.S. Highway 64. It also has approximately one-fourth mile frontage on old 1 Highway now known as Martin Luther King Road. The property consists of 220 deeded acres of land. It has city water on the east half and rural water on the west half of the property. It has no sewer at this time. It is rated wetlands by the Corp of Engineers but that designation can be reviewed and changed if needed. The property is adjacent to (across the street on the southeast corner) the Wynne Industrial Park and has Drummond Asphalt Company on the north end of the east half of the property. The property is adjacent to the Arkansas Highway Department on Highway 64. Highway 64 is a major East-West highway for the movement of commercial trucks and widening of the road is underway as is the widening of Highway 1, the North-South road. There are two major railroads within 1/4 mile of the property also. The property is at this time a working farm with 217.9 cultivatable acres. It has a rice base of 52.8, wheat base of 63 acres, and a soybean base of 165.1. Farmland adjacent to the property leases for up to $120 per acre. The farm is currently leased but is available for sale and possession may be acquired at any time after crops are gathered. The current owners will consider renting the property back from the purchaser if required or farm management is also available if needed.
The property across from Martin Luther King street and adjacent to the property just sold for $11,000 per acre in a total sale of 6 acres, thus making this property a great value at $10,000 per acre or $2,200,000. The owners will also consider a partial sale.
Aerial Map
Aerial Map
Regional Location Map
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