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Property profile & analytics
OFF-MARKET
Land

Farm Turner Rd Lake Village, AR 71653

160 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 160± acre agricultural property, known as Turner Road Farm, presents a compelling investment opportunity near Lake Village, Arkansas. The Farm Service Agency (FSA) reports 156.5± total acres, with 150.92± tillable acres historically used for rice and soybean cultivation. Its strategic location offers convenient access to vital resources, including nearby grain elevators, tractor dealerships, and agricultural supply depots, fostering a strong and supportive farming community. The property boasts Big Bayou frontage and convenient all-weather access from Shelton-Turner Road. Adding to its appeal, the property includes a brick home, currently unoccupied but with potential for renovation into a residence or hunting lodge, and a mobile home. The property's APN is 010-05052-000, 010-05048-000, and 010-05166-000. The asking price is $1,032,000, representing a price per acre of $6,450. This turnkey agricultural investment is ready for immediate production or further development, making it an attractive proposition for experienced farmers and astute investors alike. The property's location in Chicot County, Arkansas, zip code 71653, provides easy access to local amenities and transportation networks. This is a rare opportunity to acquire a substantial and productive agricultural holding in a desirable location.

Property profile
Verified
Property type Land
Lot 160 ac (6,969,600 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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