AT 159 FARM

$6,054,750.00

AT 159 FARM

Sale

Property Description

Description:

The AT 159 farm is a highly productive, fully developed, and versatile farm in the Missouri Bootheel. The farm has a history of producing cotton, corn and soybeans, and with the leveling 2 years ago is now capable of adding rice to the rotation. Of the 621 total acres, 601 are cultivated, all the cultivated acres have been leveled on a 1% grade for optimal irrigation and drainage. This farm is a highly productive investment grade property in a fantastic area to own land. Farms this size in the bootheel rarely come available.

Location:

The farm is located approximately 6 miles northeast of Kennett, Missouri and has excellent access via county road 282 on the north line and county road 284 on the south line. The property joins the little river drainage district canals.

Topography:

100% Precision Leveled to a 1% grade.

Improvements:

4 irrigation wells

Price:

$6,054,750.00

Lease:

The property is currently leased for 2023 and 2024 crop season for $275 per cultivated acre. Lease available upon request.

Possession:

At closing subject to farm lease.

Showing:

By appointment only. For appointment please contact.
Shelby Smith
The Farmland Group, LLC
5160 Sanderlin Avenue
Suite One
Memphis, Tennessee 38117
901-766-9041

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