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Critt-Cross Farm |
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SOLD
PRICE REDUCED TO $899,000
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.
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SIZE: |
249.64 +/- deeded acres 242.98 +/- tillable acres Typical crops produced in the area are corn, cotton, rice, soybeans, wheat and milo.
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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.
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SOILS: |
Soils on this farm are highly productive with Dundee silt loam, Alligator Clay, and Earle Clay making up the majority of the farm.
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USDA/FSA Crop Bases and Yields:
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Crop Base
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Acreage
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Yield
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Wheat
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99.3
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41 bu.
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Rice, long-grain
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93.4
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4680 lb.
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Soybeans
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71.2
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39 bu.
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Rice, medium-grain
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8.9
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4680 lb..
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LEASE:
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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.
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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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