273 Acres Woodruff County, Arkansas Asking Price: $546,000
LOCATION:
The Racetrack Farm is located in Woodruff County Arkansas. This tract is excellent farmland in a great area. The land is located a few miles east of Augusta, Arkansas on Highway 64 with lots of frontage. This area is known for producing great crops, including produce. Commercial potential exists for the 4,000+/- feet of Highway 64 frontage. FSA details for the farm are below.
ACREAGE:
The 273 acres of farmland is suitable for grain crops and produce.
RACETRACK - SWANSON FARM
Operator = Logan Alexander Enterprises LLC Tract #2912 - Cropland 76.3, Double Crop 76.3, Total 152.6
BASES/PAYMENTS:
Crop
Base Acres
Payment Acres
Yield
Rate
Payment
Wheat
80.3
66.9
35
.52
$1,217.58
Upland Cotton
50.6
42.1
425
.0667
$1,193.43
Rice
21.7
18.1
3590
.0235
$1,527.01
TOTAL
$3,938.02
CRP = $32.78 x 27.5 acres = $901.45 yearly
RACETRACK - ADEN FARM
Operator = Logan Alexander Enterprises LLC Tract #2913 - Cropland 30.1, Double Crop 30.1, Total = 60.2
BASES/PAYMENTS:
Crop
Base Acres
Payment Acres
Yield
Rate
Payment
Wheat
41.5
34.6
33
.52
$593.74
Upland Cotton
18.7
15.6
399
.0667
$415.18
TOTAL
$1,008.92
RACETRACK - BURROW FARM
Operator - Logan Alexander Enterprises LLC Tract #562 - Cropland 98.6, Double Crop 98.6, Total = 197.2
BASES/PAYMENTS:
Crop
Base Acres
Payment Acres
Yield
Rate
Payment
Wheat
182.5
152.0
33
.52
$2,608.32
Grain Sorghum
14.7
12.2
47
.35
$200.69
TOTAL
$2,809.01
PRICE:
Asking Price: $614,250. Reduced price = $546,000
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