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402 Acres in Independence County, Rosie, Arkansas

Property Details

Parcel Size 402 Acres
Price $1,995,000
State Arkansas
County Independence
City Rosie
Zip Code 72571

Property Description

402 +/- ROW CROP, 307 +/- CROPLAND, 11-TIER PIVOT, 25/75 CROP SHARE, 2 WELLS & 1 RELIFTAll over the US, land prices are soaring to all-time highs, and that is also the case in Arkansas.  Arkansas is now seeing some row crop acres go as high as $12,000 per acre and recreational acres as high as $17,000 per acre, especially if it has good duck hunting.  If you can find a farm with good farm income and recreational income, then that is a farm you need to take a good close look at.  We proudly say Mossy Oak Properties Strawberry River Land and Homes offers such a farm!  This may well be the most affordable good little farm in the whole state of Arkansas.  This 407 +/- row acre farm is located in the small community of Rosie, about 3 miles west of Oil Trough.  The farm is on its own island, having the White River on one side and a private lake on the other 3 sides.As everyone knows, the White River Bottoms have some of the most fertile soils in Arkansas.  The farm has about 307 farmable acres with 2 wells and a relift in the White River, so water will not be an issue.  The farm has an 11-tier pivot watering about 213 +/- acres.  The current farmer said this acreage could quickly increase with a bit of work to the farm!  With such rich soil, there is no limit to what this farm will grow.  It currently has corn, soybeans, and milo growing, but as you will see on the FSA 156 EZ, Rice and Wheat are also substantial crops.  With this farm only 10 miles from 2 huge poultry mills, corn and milo demand a premium.  The farm is now a 25/75 crop share with some additional rent of $6,000 for a storage tank rent and $1,000 for the use of a well by the neighbor.  There is also the possibility of hunting income that could be a bonus on this farm!!  Nate and Blake Fuller are the local farmers who lease the farm and would love to sign a long-term lease.  If you come to this farm or any other farm these guys rent, you will see they take care of their farms and have a great history with their landlords.  So, for out-of-state owners, owning a row crop farm is an excellent investment.  There is a 5-acre lake and the private lake that surrounds the farm on three sides that would allow the new land owner to enjoy some of Arkansas’s duck hunting, especially in late-season cold snaps when the grain fields freeze up.  And you definitely would have the chance to hunt Canada geese, with the White River being one of the major migration routes for the Canada Geese.  In the spring, you could spend every day catching the giant crappie that comes into the private lake from the White River to spawn, and in the fall, hunt giant whitetail deer.  So,…

Property Type

Location

Rosie, 72571 Arkansas County: Independence

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MLS Details

Listing Office:
  • Listing Agent: Pamela Welch

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