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- Gumwood Farms.pdf
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Details about the Land
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| County: Lonoke |
Type: Acreage |
Acres: 694.9 |
| Address: |
City: England |
State: Arkansas |
| Zip: 72046 |
Price:
$1,750,000.00 |
Status: Available |
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Description of the Land
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Gumwood Farms is located just north of England, Arkansas and offers an agricultural investment opportunity along with good duck hunting. The farm is within a 20 minute drive from Little Rock and access is via Arkansas Highway 165 and interior farm roads. The acreage breaks down as follows: 34% cultivated, 46% in Conservation Reserve Program, 9% in irrigation reservoir, and 11% in other. There are no structural improvements on the property, however the cultivated acreage has been leveled to zero-grade for continuous rice rotation. The irrigation reservoir has the capability to gravity flow water onto the cultivated land to provide for efficient use of water resources. Historically the property has been farmed by the ownership group, however the potential exists for a sale/lease back to be negotiated with the current owner to manage and farm the land. There is a cell tower on the property with a long-term lease in place and an annual direct payment of $12,251.16 is received by the owner. The farm is offered for sale through Lile Real Estate, Inc. for $1,750,000.00. Any questions concerning this offering or to schedule a property tour should be directed to Gar Lile of Brandon Stafford of Lile Real Estate, Inc. |
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Gar Lile
Lile Real Estate, Inc.
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Find more property:
Arkansas Land for Sale |
England, Arkansas Land for Sale |
Lonoke County Land for Sale
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