Zero Grade Rice Farm in Clay County, Arkansas
Excellent opportunity to invest in a premium rice farm in Clay County, Arkansas. This 105 +/- acre tract is zero graded and irrigated with a 16” well. The well produces approximately 3,000 gallons of water per minute and is powered by a diesel unit. There is power right by well so converting to electric could be a future option. The farm has a history of harvesting 180-200 bushels of rice, and on rotation years, 40-50 bushels of beans. There is 5 man pit in the center of the field that could provide recreational opportunities for the new owner, or additional revenue from a lease. Country Road 109 borders the whole south line, and the turn rows around the remaining sides give 360-degree access. For more information on this listing, please contact Michael Rook with Midwest Land Group.
Property Features
-105 +/- acre rice farm
-16” irrigation well
-Zero graded
-Good drainage
-360-degree ac...
-360-degree access to field
-County road frontage along the south boundary
-5 man duck pit
-Tenant willing to continue farming
-History of harvesting 200 bu. of rice
-3.8% R.O.I. at asking price
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