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Property profile

0 Ashley County Boeuf, AR 71663

OFF-MARKET
Land
761 ac lot
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Property summary

AI-generated overview

This 761-acre farm in Ashley County, Arkansas, is located seven miles northeast of Hamburg. Approximately 683.95 acres are currently tillable and irrigated, producing soybeans, rice, corn, and cotton. The property features precision-leveled fields with multiple access points, maximizing farming efficiency. Significant recent improvements include the installation of two new irrigation wells and over 6,500 feet of underground pipe within the last three years. These upgrades enhance irrigation precision, reduce water waste, and increase ground coverage. The farm's soil composition includes Grenada, Henry, and Calloway Silt Loam. The property is currently leased under a cash rent agreement through December 31st, 2024, with a local tenant. Its above-average size, soil quality, topography, and crop versatility contribute to high demand and above-average lease rates within the county. The farm is situated in a productive region of north-central Arkansas, benefiting from ample water resources supporting diverse cropping seasons. This exceptional property presents a compelling investment opportunity in a prime agricultural location. The asking price is $5,129,625.

Property profile

Verified
Property type Land
Lot 761 ac (33,149,160 SF)

Cap rate & NOI

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

Location

Ashley County Boeuf, AR 71663
Boeuf metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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