Technical
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Property profile

0 Abernathy Rd Oak Grove, LA 71242

OFF-MARKET
Land
80 ac lot
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Property summary

AI-generated overview

This exceptional 80-acre farm in Oak Grove, Louisiana, presents a rare investment opportunity. Located in West Carroll Parish (APN 0400361110), this fertile land boasts 80.56 FSA tillable acres, ideal for diverse crop cultivation. The rich soil has historically yielded corn, soybeans, milo, and rice. The property includes a well, two risers, and half a mile of underground pipe for irrigation, ensuring consistent productivity. Currently under a year-to-year lease with a local farmer, this family-owned land (over 100 years) offers potential for long-term appreciation within a thriving agricultural community. Situated in Section 7 of District E Township, the property is zoned for agriculture and provides a solid foundation for continued farming operations. The asking price is $519,120. This is a unique chance to acquire established, productive farmland in a prime location.

Property profile

Verified
Property type Land
Lot 80 ac (3,484,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Abernathy Rd Oak Grove, LA 71242
Oak Grove metro
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Value estimations

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Owner & transaction history

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