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    OFF-MARKET
    Land

    0 Quebec Rd, Tallulah, LA 71282

    1478 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment opportunity: This prime 1,478.25-acre row crop farm in Madison Parish, Louisiana, presents a compelling investment opportunity. Located on Quebec Road, the property boasts 1,425 acres of tillable cropland, meticulously irrigated by a sophisticated system including three Valley 8000 center pivots (1,450', 1,450', and 1,780' with end guns) covering 570 acres and advanced row fall systems irrigating an additional 685 acres. Seven turbine wells and sixteen risers ensure a consistent water supply. The land features predominantly Class III Sharkey Clay soil, known for its excellent drainage and fertility, complemented by 7% Class II soils. 351 acres have undergone precision grading for optimal irrigation efficiency. Projected yields are 160 bushels of corn per acre ($4.88/bushel market price in 2024) and 52 bushels of soybeans per acre ($11.55/bushel market price in 2024), further enhanced by estimated government assistance payments of $15 per acre. The property benefits from convenient access to Highway 80 and Interstate 20, proximity to a well-equipped grain cooperative (approximately 8 miles west of Lake Bruin), and a stable agricultural workforce in Madison Parish (population approximately 12,093). While 65% of the property lies within a flood hazard area, existing drainage systems effectively mitigate flood risks. Low property taxes ($2.72 per acre) contribute to strong investment returns. The property's highest and best use is continued high-yield row crop farming, with potential for livestock grazing or future agribusiness expansion. One relift from Despair Lake provides additional water management. The property offers a blend of operational efficiency, market demand, and growth potential, making it an attractive investment in Louisiana agriculture.

    Property profile
    Verified
    Property type Land
    Lot 1478 ac (64,381,680 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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