The Homeplace Farm

THE HOMEPLACE FARM
403.05(+/-) ACRES • LONOKE COUNTY, ARKANSAS
ASKING PRICE: $2,015,250
Click Here for: Property Brochure_The Homeplace Farm

Property Overview:
The Homeplace Farm is an outstanding agricultural and recreational investment property. The property is comprised of 403.05 +/- contiguous acres located in between Lonoke and England on Highway 31.

• +/- 403.05 Total Acres
• +/- 352.11 Tillable Acres
• +/- 21.2 Acres Enrolled in Conservation Reserve Program (CRP)
• Farm #1692 Tract #1915
• 80/20% Current Crop Share
• Duck Hunting
• White Tail Deer Hunting

Location:
The Homeplace Farm is located in Lonoke County on Highway 31 in between Lonoke and England, Arkansas.
Little Rock – 28 miles
Stuttgart –  29 miles
Lonoke – 11 miles
Memphis – 125 miles

Surrounding Properties:
The Homeplace Farm is located directly on Bakers Bayou. The area is world renown for waterfowl, as the confluence of Big Ditch and Bayou Meto are only five miles to the east. Nearby farming & hunting properties include Goosehead Farms, 7 Oaks Farm, & Bearskin Farms.

Property Highlights:
The tillable farmland is comprised of 352.11 +/- acres that makes a great income source on an 80/20% crop share lease. The tenant who farms the land takes excellent care of the property and regularly produces crops with high yields. The farm regularly raises corn, rice, and soybeans. The property has 21.2 acres enrolled in CRP makes annual payments of $1,979.

Due to the location of the property, the Homeplace Farm holds great opportunities for waterfowl hunting. Utilizing the flooded rice fields makes it easy for the owner to access the legendary hunting of the Grand Prairie, while many more opportunities await for anyone who wishing to develop the farm as a duck hunting destination. The trophy white tail population is also ripe for harvest among the wooded brake of Bakers Bayou.

Land Area:
The farm offered is comprised of 403.05 +/- acres, with 352.11 +/- arable acres. There are 21.2 acres enrolled in income producing CRP. The soil is largely comprised of silt loam and silt clay

Improvements:
This property is an improved farm with three eight-inch gearhead wells that irrigate the farmland.

Income:
The farm lease currently provides an 80/20% crop share agreement, and also provides $1,979 in annual CRP payments.

Taxes:
The taxes are $3,174.76

Price:
The listing price is $5,000 per acre, or $2,015,250 total.

Listing/Showing Info:
Wellons Real Estate is the exclusive representative firm of the Seller. For additional information or to schedule a private tour of the property, please contact Ben Wellons at 501.482.LAND (O) or email Ben@WellonsLand.com. The information here within is intended only for the person(s) to which are agents/brokers of Wellons Real Estate and may contain proprietary, business-confidential and/or privileged material. All information here within has been reported to be truthful and accurate, however Wellons Land does not warrant or guarantee such. If you are not the intended recipient of this document you are hereby notified that any use, review, retransmission, dissemination, distribution, reproduction or any action taken in reliance upon this message is prohibited. If you received this in error, please contact the sender and delete the material from any computer.