12470 Jim Devault Rd, Farmington, AR 72730
This exceptional 33-acre chicken farm in Farmington, AR, presents a rare investment opportunity. Boasting a substantial gross annual income of $790,000, this meticulously maintained property features eight 43x500-foot drop-ceiling houses, all constructed in 2004. Despite being built in 2004, the barns are in exceptional condition, thanks to continuous upgrades and maintenance over the past two decades. Recent improvements within the last five years include new drinker lines, updated heaters, enhanced fan systems, and upgraded insulation, ensuring peak operational efficiency. The farm utilizes well water with a reliable public water backup and natural gas heating. The property's strategic location offers significant advantages: a mere 15-minute commute to the University of Arkansas and proximity to excellent public schools. Furthermore, the farm benefits from its location within a rapidly growing area, promising future appreciation. The 2,276 square foot main building is situated on a spacious 33-acre lot. This turnkey operation is poised for continued success and offers a compelling return on investment. The property's strong financial performance, coupled with its prime location and recent upgrades, makes it an exceptional opportunity for discerning investors seeking a high-yield, low-maintenance agricultural asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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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