Phillips County, AR
2311.00 Acres M/L

1111 Hwy 318
Marvell, AR 72366

Price	$15,250,000
Listing	#17667

LAND AGENT & AUCTIONEER

Joel King, ALC, CAI

Office: 870.275.6249
Mobile: 870.847.0945
Joel@PeoplesCompany.com

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OWNER, LANDMARK AG

George Baird, AFM, AAC

Office: 901.483.0373
Mobile: 901.483.0373
GBaird@LandmarkAg.net

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Description

Peoples Company is pleased to bring 2,311 acres m/l of irrigated farmland to the market located in Phillips County, AR. The farm is estimated to be 2,032 acres in production, or 88.5%, with 90% or 1,829 acres being irrigated. There are 10 pivots irrigating approximately 802 acres. The balance of the irrigated acres has been land formed for row irrigation.

There are 3 groups of farm tracts that are located south of Marvell, AR approximately 7.5 miles. All tracts are located on or near paved roads near the Walnut Corner and Gobel communities and are easily accessible by county road frontage.

The idea that you can purchase nearly 2300 acres relatively close to each other is very unusual these days. The farm soil NCCPI rating ranges from 57.53 to 70.92 for the various tracts. The makeup of soils is mainly Loring, Memphis, Falaya, and Calloway silt loam allowing for a diverse crop mix including cotton, corn, soybeans, rice, and wheat.

Legal Description

Tracts in S-3.34&35 T-02R 01E 423.88 acres +/-. Tracts in S-13,14,23&24 T-03S R-01E and S-07,18&19 T-03S R-02E 1611.98 acres +/-. Tracts S-27,33&34 T-02S R-02E & S-04 T-03S R-02E 252.23 acres +/-. All in Phillips County, AR. Exact legal description to be taken from Title Commitment.

Directions

Farm NW is located 1 1/2 miles west of Walnut Corner on Hwy 318 along Hwy 316. Farm NE is located 2 miles East of Gobel along Hwy 316. Farm South is located SE of Farm NW and SW of Farm NE all south of Phillips Rd 374 and Hwy 318. All in Phillips County, AR due south of Marvell, AR 7.5 miles.

MLS Number: 10114903
Parcel Number: See parcel property list in documents
School District: Marvell-Elaine
General Area: South of Marvell, AR approx. 7 miles
Lot Size: 2311 acres
Water: Wells
Zoning: Agriculture

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