The Tyer Farm is located approximately 10 miles north of Jonesboro, Ar. via highway 63 north and 2.5 miles west of Bono, Ar. via highway 230 west and then 3/4 mile south on county road 147.
The farm has 100 acres of rice base, 21.8 of wheat base, 2.8 acres of grain sorghum base, 13.4 acres of soybean base for a total of 140 base acres.
The farm has 200 acres more of less deeded, 194.38 farmland acres, 189.58 acres cropland. All farmland is precision leveled except 22 acres and this can be leveled at minimal cost.
There are two wells on the farm. One well is on the north end and the other on the south end. The south well was put down in 2018 by Vick Well Drilling of Paragould, Ar. and the north well was new in 2013. I don't know who put that well down but assume Vick did but could find out if needed. The water is sweet and plentiful as both wells pump good streams of water.
The farm consists of all silt loam soils that are conducive to high yields and a copy of the soil map and legend is included in this package.
The east side of the farm containing 100 acres was leveled in 2016 and the west 67 acres was leveled when I purchased the farm in 2013. I have put all new culverts and drain pipes except one and it will be replaced this spring. The farm can be insured to the max if desired and has that insurance in place now. The farm is now leased to Bobby Davis and his family on a 75/25% split.
The asking price of the farm is $1,075,000 or $5,375.00 per deeded acre.
This mega rice farm is located in the heart of the Arkansas rice-growing region with good state highway access. The farm is 35 miles northwest of Memphis, Tennessee.
13,495 +/- Total Acres (Cross and Poinsett plat maps) 11,677 +/- (USDA Form 156) Acres of Tillable Farm Ground, Owner will lease back and provide for a 25% gross revenue to the buyer or has recently stated he would pay at least $225 per tillable acre cash rent.
Acreage balance in timber, waterways, sloughs, ditches and leaves.
Underground irrigation and risers provide irrigation for all precision leveled land (there are approximately 100 acres in Tract Two that have not yet been precision leveled).
Approximately (75) irrigation wells, Seventy Three (73) turbine powered irrigation wells, Two (2) submersible irrigation wells.
For an aerial video tour of a recent rice crop, click on the swift ditch farm video.
99% of cropland is irrigated and precision leveled for the 2020 crop.
The 59 irrigation wells on the farm can produce up to 200 million gallons of rechargeable groundwater daily.
Excellent waterfowl habitat for duck and goose and whitetail deer hunting.
Recent years yields on this excellent rice farm range from 150 to 220 bushels per acre and soybean yields range from 50 to 70 BPA.
Asking Price: $65,000,000 - Tracts may be purchased individually for a price of $5,500 per tillable acre.
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