Property Info

Description

Peoples Company is proud to offer 1,102 acres m/l in Chicot County located in the Mississippi River Delta region of southeast Arkansas. This property consists of approximately 937.35 FSA cropland acres with primary soil types Perry clay, Portland clay, and Gallion silt loam. The farm possesses favorable fertility due to high nutrient organic fertilizer recently applied.

In recent years, extensive improvements have been completed on this property including precision leveling and land planning to improve farmability and drainage. In addition, irrigation infrastructure including wells and pumps have been installed to provide supplemental water during dry weather cycles. The farm also includes two reservoirs which provide nearly 500 acre-feet of on-farm irrigation water storage. Fixed infrastructure on the property includes a tenant house/cabin, Morton building, and on-farm grain storage of roughly 27,000 bushels.

In addition to being a highly productive farm, the ideal location along the Mississippi River provides a hunting haven. The property is teeming with waterfowl during hunting season due to the reservoirs and the ability to flood the fields. The recently remodeled cabin and Morton building provide choice hospitality for hunters. This prime hunting ground can be used for personal enjoyment or leased for additional revenue.

This property is conveniently located near Highway 82 with quick access to multiple grain marketing options on the nearby Mississippi River. The farm is currently under a strong cash rental lease for the 2022 season that offers significant income and returns to the landowner. Please contact Agent for more details.

Legal Description

North: Section 15 and Section 22, Township 16 South, Range 3 West, Chicot County, Arkansas
South: Section 27 and Section 34, Township 16 South, Range 3 West, Chicot County Arkansas

Details

The property includes efficient and recently updated irrigation infrastructure to provide timely delivery of water to crops throughout the growing season. The irrigation system has nine groundwater wells to provide irrigation water in dry weather cycles. Just this year in 2022, three new wells and pumps have been installed to allow for ample timely irrigation. Electric pumps are utilized to run the irrigation system which reduces cost and emissions.

In addition to the groundwater irrigation system, the tailwater recovery system captures and reuses fresh rainwater as well as surface irrigation water to irrigate the crops. Approximately 117 acres of above ground reservoirs provide nearly 500 acre-feet of irrigation storage. In 2020, the Rock Weir dam was installed on the north side of Montgomery Road to enhance the recovery system.

Directions

From the Intersection of  US Highway 65/US Highway 82: Travel west onto US Highway 82 for 7.5 miles. Turn left and head south on Montgomery Road. The north portion of the property will be on the southeast corner of Highway 82 and Montgomery Road. Continue south for 1.25 miles and the south part of the farm will be on the east side of the road.

• Sign On Property: Yes
• School District: Lakeside School District
• General Area: West of Lake Village, AR
• Net Taxes: $11,439.22
• Possession: At Closing, Subject to Tenant's Rights
• Terms: Cash/Conventional

Additional Info

A principal of the selling entity is a licensed real estate agent in the State of Arkansas. 

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