0 Tlm Land Llc, Lexa, AR 72355
Exceptional investment opportunity: 3,360± acres of prime farmland in Phillips and Lee Counties, Arkansas, strategically located along Arkansas State Highway 49 between Marvell and Helena. This expansive property comprises three non-contiguous farm clusters, offering a unique opportunity to acquire a significant acreage footprint in a single geographic area. Significant improvements have been made since 2020, including extensive land leveling and irrigation upgrades, resulting in a turnkey investment-grade farm. The land is predominantly light soil and has a history of cotton production, with crop rotation including rice, corn, wheat, and soybeans. Irrigation is a key feature, with approximately 2,090± acres furrow irrigated, 581± acres irrigated by pivots, and 330± acres non-irrigated. The property is divided into three distinct farms: the Headquarters Farm (1,549± total acres, 1,276± tillable acres, with 17 wells), the Old Little Rock Road Farm (552± total acres, 538± tillable acres, with 10 wells), and the La Grange Farm (1,260± total acres, 1,187± tillable acres, with 11 wells). Each farm offers excellent access via county and state roads. Detailed irrigation maps are available. Asking price: $22,852,615. This is a rare opportunity to acquire a large-scale, high-yield agricultural operation in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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