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Property profile & analytics
OFF-MARKET
Land

0 Plafcan Rd Carlisle, AR 72024

80 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 80-acre commercial land parcel, known as the Plafcan North Farm, presents a compelling investment opportunity in Lonoke County, Arkansas. Situated just north of Carlisle, this property boasts approximately 76 acres of highly productive cropland, classified as Class II soil. The land's versatility is evident in its historical use for cultivating corn, rice, and soybeans. Currently, the tillable acreage is leased under a 75/25 net crop share agreement with Don Kittler Farms, providing a consistent income stream. Irrigation is facilitated by a well located on an adjacent property. Convenient access is ensured via Fred Koch Road, a county-maintained gravel road. The asking price for this prime agricultural investment is $452,000. The property's location is 34.8050376 latitude, -91.7783358 longitude, with the address listed as Plafcan Rd, Carlisle, AR 72024. This offering represents a rare chance to acquire a substantial, income-producing tract of fertile Arkansas farmland. The property is zoned for commercial use.

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
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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