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Hall Farm

$6,240,000
+/- 827.4 Acres in Phillips County, AR, Marvell, AR
Status: Under Contract
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Property Type
Commercial Acreage
Recreational Land
Timberland
Acreage
827.4 acres
County
Phillips, AR
Format
Sale
Features
N/A
List Date
Aug 22, 2024
Documents
N/A
Description
Hall Farm +/- 827.4 Acres in Phillips County, AR Click Here for Hall Farm Brochure Property Overview: The Hall Farm is comprised of 827.4 +/- acres located in Phillips County, Arkansas on Highway 318. Of that acreage, 778.29 are cultivated according to the Farm Service Agency. The farm has excellent soil types, and has a long history of growing cotton, corn, and soybeans. The primary soil types are roughly 61% silt loam, and 39% silt clay. The farm is improved, and is roughly 98% irrigated. There are a total of eight wells on the property, two of which are capped. The remaining six wells are used for both pivot and furrow irrigation. There are two electric Reinke center-pivots, while about 300+/- acres has been precision leveled. One of the most positive factors of the Hall Farm is the access to groundwater. Located on the dry side of the White River levee, the water table is extremely high. The farm is highly productive, and as of the 2025 growing season it will have a long- term, five year lease with one of the most competitive cash rents per acre in Phillips County. While this farm is largely an agricultural investment opportunity, the Hall farm presents a substantial opportunity to hunt waterfowl. Located right next to the confluence of Big Creek and the White River, the area is well known for the large number of ducks it holds during the winter months. The farm can hold water in a low swag, and also contains a 9+/- acre cypress pond. Property Highlights: 827.4 +/- total acres 778.29 cultivated acres 98% +/- irrigated cultivated acres 8 wells 9+/- acre cypress pond Duck hunting opportunity Strong long term 5-year cash rent Location: The Hall Farm is located on Highway 318 in Phillips County, Arkansas just south of Marvell. Marvell - 13 miles Helena - 31 miles Memphis - 92 miles Little Rock - 110 miles Income: The farm is currently leased. Leasing information is available upon request. Taxes: The estimated taxes are $9,708.86. Price: The list price of the Hall Farm is $6,240,000. Listing/showing Information: Wellons Real Estate is the exclusive representative firm of the Seller. For additional information or to schedule a private tour of the property, please contact Jeremiah Moore at 870.674.4373 and email jeremiah@wellonsland.com. Furthermore, the information here within is intended only for the person(s) to which are agents/brokers of Wellons Real Estate and may contain proprietary, business- confidential and/or privileged material. All information here within has been reported to be truthful and accurate, however Wellons Land does not warrant or guarantee such. If you are not the intended recipient of this document you are hereby notified that any use, review, retransmission, dissemination, distribution, reproduction or any action taken in reliance upon this message is prohibited. If you received this in error, please contact the sender and delete the material from any computer.
Listing Agent
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Ben Wellons
Co-Op Member Owner
WELLONS REAL ESTATE
Little Rock, Arkansas
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