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Critt-Cross Farm

 

249.64 +/- Acres
Cross County, Arkansas
Asking Price: $1,000,000

LOCATION:

The farm is located approximately 3 miles north of Parkin and 30 miles west of the Mississippi River bridge in Memphis, TN.


 
SIZE:

249.64 +/- deeded acres
242.98 +/- tillable acres
Typical crops produced in the area are corn, cotton, rice, soybeans, wheat and milo.


 
IMPROVEMENTS:

Approximately half of the farm has been leveled to grade and is furrow irrigated.  138 acres are irrigated and the balance of the tillable acres are non-irrigated. The water depth is approximately 40 feet and recharges from the Mississippi River. There are no farm structures on the premises.


 
SOILS:

Soils on this farm are highly productive with Dundee silt loam, Alligator Clay, and Earle Clay making up the majority of the farm.


 

USDA/FSA Crop Bases and Yields:


Crop Base

Acreage

Yield  

   Wheat

99.3

41 bu.

   Rice, long-grain

93.4

4680 lb.

   Soybeans

71.2

39 bu.

   Rice, medium-grain

8.9

4680 lb..

 

 

 

LEASE:

 

Possesion of the farm is subject to the existing lease that expires on December 31, 2019. The existing lease allows for 25% of the crop produced net to the landlord.
 

 
PRICE:

This farm is offered on the public market at a price of $1,000,000 ($4,006.00 per deeded acre and $4,116.00 per tillable acre). The farm is sold "where is" "as is".


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