• Asking Price $15,250,000
  • 1111 Hwy 318 Marvell, AR 72366

  • Other / Resale (MLS)

Property Details for 1111 Hwy 318, Marvell, AR 72366

Features

  • Lot Size: 2297 sq. ft.

Facts

  • Property ID: 919741578
  • MLS Number: 24020182
  • Property Type: Other
  • County: PHILLIPS
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Peoples Company is pleased to bring 2,297 acres m/l of irrigated farmland to the market located in Phillips County, AR. The farm is estimated to be 2,032 acres i production or 88.5%, with 90% or 1,829 acres being irrigated. There are 10 pivots irrigated approximately 802 acres. The balance of the irrigated acres has been land formed for row irrigation. There are three groups of farm tracts that are located south of Marvell, AR approx. 7.5 miles. All tracts are located on or near paved roads near the Walnut Corner and Gobell 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 make up of soils are mainly Loring, Memphis, Falaya and Calloway silt loam allowing for a diverse crop mix including cotton, corn, soybeans, rice and wheat.

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Property Brokerage: King Real Estate 1201 Nettleton Circle Jonesboro AR 72401
Copyright © 2024 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.