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Wheatly Moro Farm

MLS Number: AR231406
Price : $5,885,250
Type: Farm
Acreage : 1,121.00
State: Arkansas
County: Lee
Status: Under Contract
Property Documents: N/A

1-31 UPDATE We have added on 208 good acres, the shop, house, and grain bins (4) and lowered the price AGAIN! 1121 acre high yielding all irrigated improved farm is first class with one of the best farmers in east Arkansas in place. It produces a steady high yield year after year. Soybeans were 71/acre last year, rice 230 , corn 205 per acre. Wells are where they need to be, some fairly new all put in and maintained by Geisler Bros Irrigation. Located with road frontage on Highway 78, in western Lee County, this is a highly desired area of farmland in the Arkansas Delta. This farm is easily accessible, just a few miles south of the I 40 exit at Wheatly.
The 40 acres on the south end is excellent duck hunting. Located and set up perfect
Approximately 600 acres of this farm has a solar farm option on it, renewable each year. If they happen to go through with a solar farm, that land would produce $550 per acre rent with escalating clauses for 25 years. This is a long shot, but possible.

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