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Address not disclosed Marked Tree, AR 72365
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Key Details
Sold Price $348,600
Property Type Vacant Land
Sub Type Farm or Ranch Land
Listing Status Sold
Purchase Type For Sale
Subdivision 00-10-09 - River
MLS Listing ID 24004134
Sold Date 01/19/24
Annual Tax Amount $160
Lot Size 52.000 Acres
Acres 52.0
Property Sub-Type Farm or Ranch Land
Property Description
52.0 deeded acres, 46.0 tillable FSA acres Productive farm in a strong agricultural area; located on protected side of St. Francis River Levee system Seller is a farmland developer in the area; open to sale-leaseback at 3.5% of purchase price Farm was precision-leveled in Q3 2021; 12-inch irrigation well drilled in November 2021 Average annual farm rent of $329/tillable acre in 2022-23 Survey and satisfactory title search completed in 2021 Farm is leased for the 2024 crop year under the Flex lease structure used in 2022-23 Good deer hunting on west side of property; close proximity to St. Francis Sunken Lands WMA (less than 1 mile)
Location
State AR
County Poinsett
Area Poinsett County
Exterior
Utilities Available Well-On Property
Read Less
Bought with Coldwell Banker Heritage Homes