Fully Improved Lincoln County Tillable Tract

Property Description

Located in Lincoln County along the banks of Deep Bayou just south of Grady, Arkansas is where you will find this fully improved, investment grade tillable tract! Consisting of 1,022 +/- contiguous acres, nine wells for irrigation, one permanent re-lift, and 120,000 bushels of grain storage, this farm is a highly desirable investment grade farm. According to the Farm Service Agency office there are a total of 951.63 tillable acres, all of which are irrigated and most of which have been precision leveled to a fall. There are roughly 200 acres on the farm that need touching up and releveling, but still water fine according to the tenant. This farm is currently being leased out to a well respected, local tenant who has this farm on annual 50/50 rotation of rice and soybeans. The current rent structure is set up on an 80/20 crop share with no cost to the owner and is on a year-to-year basis. The current tenant would be interested in farming it for the new owner, however the opportunity is available for the new buyer to come in and farm on his own or find a new tenant if so desired. Based off of the last 4 years of income history, this farm comes in right at 3.5% ROI solely off of the crop production income at asking price.

This farm is also located in an area known for good waterfowl hunting with its close proximity to Deep Bayou and the Arkansas River. The untapped potential of this farm could be a great opportunity for the investor or duck hunter looking to develop additional recreational income or personal opportunities!

Centrally located, but in a separate parcel of its own, lies a 120,000 bushel grain storage facility built in 2019. This facility consists of three separate 40,000 bushel GSI drying bins equipped with drying floors, 10” unloading augers, and two separate 30HP LS centrifugal fans that give enough ample air to dry your stored crop. These bins also utilize a state of the art Opi Blue air drying management system that gives you the opportunity to remotely control your bin fans and monitor information about the condition of stored grain from your desktop or mobile device. This facility also includes a concrete drive over pit for easy loading and unloading capabilities. The drive over augers, as well as the auger for loading and unloading the bins, will be included in the offering.

If you’re looking for a new Arkansas rice farm of your own or simply looking to diversify your investments with a stable long term return, this farm fits the mold! A good tenant, steady return, untapped potential for duck hunting, and single contiguous block make this Lincoln County property a highly desired tillable tract. If you’d like to take a personal tour or have any more questions, reach out to Zach Luster at Midwest Land Group today.