Hwy 183 , Rayville, LA 71269(Richland Parish)

128.17 Acres in Rayville, LA - $339,200

128.17 ac farm land and pending mitigation bank, in Richland Parish, LA

This tract is leveled and irrigated with a single well. There are approximately 111 acres cultivatable with remainder in ditches and hardwoods according to FSA 156EZ.

FSA Base Data

Rice long 68.5 ac 2393 yield

Rice medium 1.8 ac 2393 yield

Cotton 33.5 ac 587 yield

Grain Sorghum 4.2 ac 35 yield

The soils are a mix of Class II varieties primarily composed of Forestdale silt clay loam, Gilbert silt loam and Gilbert-Egypt silt loams.

The farm is leased for $130 / crop acre for the 2012 farm year. No rent or FSA direct payments will convey until after the 2012 farm year.

This property is pending final approval for a mitigation bank by the Vicksburg Corps of Engineers. The preliminary analysis has been completed and the property will potentially qualify. Details on the mitigation banking potential for the property are availa...