GJK Chicken Jean Rd
GKJ Family Farm Chicken Jean RD
Description:
The Farmland Group is proud to offer the GKJ Family Limited Partnership farmland for sale. This property is a well-located, high-quality farm located in the heart of some of the best producing agricultural farmland in East Central Arkansas. The Johnson family has owned this farmland for decades and have made numerous improvements such as precision land leveling on a portion of the acres and a surface water irrigation re-lift in Indian Bayou to enhance the crop production and lower production costs. This farm has been farmed by the same tenant for many years.
Location:
The property is located in South Central Lonoke County near the community of Keo, Arkansas. This farm has excellent access on Chicken Jeans Road and is in close proximity to various farm supply stores, fertilizer outlets, equipment & parts dealerships and grain elevators.
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Acreage:
The farm consists of 469.08 FSA Farmland Acres and contains 450.67 FSA Cropland Acres . All of the FSA Base Acres convey with the sale of the property.
Soils:
The farm is comprised of a variety of soil types including Rilla Silt Loam, Portland Silty Clay and Perry Silty Clay. These types of soils are most suitable for growing Rice, Corn, Soybeans, Milo and Wheat.
Improvements:
There are 4 irrigation wells on the property and one surface water re-lift in Indian Bayou. Numerous fields have been precision leveled.
Price:
$3,026,336 or $6,715 per FSA Cropland Acre
Lease:
The farm is currently under a one year written 80/20 crop share lease. Per conversations with the owner, this written lease will terminate on 12/31/25.
Possession:
At Closing, subject to existing farm lease.
Disclaimer:
The Farmland Group, LLC is the Exclusive Agent for the property described herein. This brochure and all information contained herein is believed to be correct; however, we make no guarantee as to its accuracy. Prospective buyers are urged to inspect the property and perform their own independent due diligence. The Farmland Group, LLC and its agents assume no liability as to errors, omissions or investment results.
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More by Phillip Howell and Allen Evans
