White Land Company
   Home  |  Weather  |  Useful Links  |  Mortgage Calulator  |  Contact Us 

Nesler Farm and Hickory Ridge Duck Club

 

499 +/- Acres
Cross County, Arkansas
Asking Price: $2,500,000

LOCATION:

This outstanding farm is located in the epicenter of the Arkansas rice producing region, approximately 3 miles northeast of Hickory Ridge, 1.5 miles north of Highway 64, 25 miles northwest of Wynne, 38 miles south of Jonesboro and 70 miles west of the Mississippi River bridge in Memphis, TN. This is an area of highly intensified agricultural production of rice, soyeans, milo, corn and some wheat.


 
SIZE:

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


 
IMPROVEMENTS:

There is an additional 26 acres in reservoir to facilitate irrigation of all crops and provides a tail water recovery system. The reservoir is also used for recreation and is valued at more than the tillable acreage on the farm. The reservoir also adjoins a 24 acre reservoir that is owned by the Arkansas Game and Fish Commission which includes a total of 213 acres known as the Brushy Creek Wildlife Management Area.

The farm is 100% irrigated. All irrigation wells are connected via underground pipeline with strategically located risers. Owner added a new relift station in 2018 and precision leveled 105 acres adjacent to the reservior. 

 

 
SOILS:

There are 2 types of soils on the farm, Henry Silt Loam and Crowley Silt Loam. The highly desirable silt loam soils are perfectly suited to the production of rice, soybeans, milo, corn and wheat.


 

USDA/FSA Crop Bases and Yields:


Crop

Crop Base

Yield  

 Rice

374.4

6136 lb.

 

 

HUNTING:

 

The region is also historically noted for the unsurpassed quality of waterfowl hunting. The farm is the location of the well known Hickory Ridge Duck Club, an enterprise that produces over $60,000 per year in hunting fees for the opportnity to hunt waterfowl. Hunters from Atlanta, Ohio, Tennessee, Alabama and many other places have been hunting this property for over 50 years and they keep coming back for more. The hunting income and the hunting rights have already been contracted for the 2018-19 duck hunting season and will not convey until the 2019-20 hunting season. The income breakdown is as follows: 3 hunting pits at $10,000 each, 1 hunting pit at $8,500, and 2 hunting pits at $7,500 each. Day hunts are also provided at a fee of $225 per gun for 1/2 day hunts, no lodging or meals are provided.

With the hunting income at this incredibly high number, the owner will have options on various rental methods available. Taking this into consideration, the ROI on this farm can be as high as 6%.


 
PRICE:

This farm is offered on the public market at a price of $2,500,000 cash. The farm is sold "where is" "as is".


Click to view larger image (320x240)
Click to view larger image (320x240)
Click to view larger image (1008x756)
Click to view larger image (1008x756)
Click to view larger image (640x480)
Click to view larger image (320x240)
Click to view larger image (320x240)
Click to view larger image (320x240)
Click to view larger image (360x270)
Click to view larger image (320x240)
Click to view larger image (640x480)
Click to view larger image (1008x756)