$2,667,500
485± Acres
Available
Faulkner County, Arkansas

485 +/- Row Crop Acres, Grain Storage, Conway, Arkansas

ID: 50392
Status: Available
Price: $2,667,500
Acres: 485±
Price Per Acre: $5,500
Type: Farms, Hunting Land, Recreational Land
City, State: Conway, Arkansas
County: Faulkner
ZIP Code: 72016

Description

Farming in the Arkansas River Valley has always been a challenge for farmers.  This is one of the reasons why the prices for row crop land have lagged in value compared to other parts of Arkansas.  Prices for farmgrounds in midwest states have gone as high as $30,000 per acre and part of Arkansas, as high as $12,000 per acre.  Investors are now looking at other parts of Arkansas, such as the Arkansas River Valley, where they can purchase row crop farms where they can buy for half that price, and they are willing to take on some risk.  You need to see a farm like this in the Arkansas River Valley.  485 +/- Acres with 420 +/- tillable, this farm is 5 minutes from Conway in the Cadron River Valley and joins the South bank of the Cadron River.  This is a turn-key farm, leveled on zero grade, consisting of 7 fields, with these fields being irrigated by underground pipe or gravity flow from 2 lifts on the Cadron River.  This means the farm is irrigated by surface water, and by using surface water, you could be eligible for programs for migratory waterfowl.  The farm has roads around every field, making them easily accessible.  Let's discuss how this farm can take out some risk for the landowner from unpredictable floods by the river.  With the entire farm on zero grade, you can hold shallow floods on the fields, and if the weather stays wet in the spring, you can fly rice on the fields with a plane. As the rice sprouts, you let the water off and have a stand of rice.  This common farming practice in Arkansas has been used for over 50 years. With this, it will also reduce your cost to put the crop in and help hold down red rice, which is also considered a weed.  This farm has other ways of producing income, and one of them is waterfowl hunting.  Whether everyone wants to admit it or not, Arkansas waterfowl migration is changing, with neighboring states watching Arkansas be the world's number 1 destination to hunt waterfowl.  These states have begun preparing areas to hold birds in their states to enjoy the $ 100,000 millions of dollars in revenue they generate from hunting.  Oklahoma is one of these states. Oklahoma farming is changing, going from all wheat to dryland corn and milo, which is holding Arkansas's duck, but this is not all bad for the future of duck hunting in the Arkansas River Valley because ducks that are leaving Oklahoma are going to the green timber tracks of eastern Arkansas fly right over the Arkansas River Valley.  The future seems bright, with these 485 +/- acres quickly holding water. We refer to the Arkansas River Valley as Arkansas Duck Hunting Last Frontier.  The 485 +/- Acres possibly has another source of revenue.  With the world getting smaller and more wild places being developed for industry and homesites, the federal government is assisting in programs to set aside land for conservation for migratory songbirds and waterfowl.  This property, the wetland reserve easement, could qualify for this program.  You could still enjoy hunting while conserving land for wildlife.  This program allows you to help design and develop the land, enabling you to have food plots for different kinds of wildlife.  You would be getting the best of both worlds.  Get some money back, reduce your risk, and still get to hunt, win, win for all!  I would love to show you this diamond in the rough and help you make this your dream property!  Call us today!

Proudly listed with your land specialist at Mossy Oak Properties Selling Arkansas, 870-495-2123 .  Arlon Welch, 870-897-9080 or Pamela Welch, 870-897-0700 .  Equal housing opportunity.  www.WeSellArkansas.com

Ask Pamela About This Property

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