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    OFF-MARKET
    Commercial real estate

    1850 Hamilton Rd, Lonoke, AR 72086

    700 ac lot
    Property ID
    US05-0520873
    Property summary
    AI-generated overview

    This exceptional 700-acre property in Lonoke County, Arkansas, presents a unique investment opportunity. Approximately 542.6 acres are tillable farmland, meticulously precision-leveled and fully irrigated by surface water from a 100-acre reservoir connected to Bayou Meto. The irrigation system features two relift pumping stations and underground pipelines. The farm boasts a consistent history of strong crop production. Beyond agriculture, the property offers significant recreational potential, with abundant wildlife providing excellent hunting and fishing opportunities, historically generating supplemental commercial income. Conveniently located off Highway 89 near the new Lonoke I-40 interchange, the farm is easily accessible. On-site improvements include a grain bin facility with a loop delivery system, Mettler Toledo scales, a concrete grain pit, two 26,000-bushel bins, one 10,000-bushel bin, and two 7,500-bushel bins. Two tenant houses (1,384 sq ft and 1,120 sq ft) are also present, along with two pole barns (60' x 64' and 30' x 96') for equipment storage. The property is currently leased on a 75/25 crop-share basis, with the lease expiring December 31, 2023. Note that the seller will retain approximately 140 acres and a 4,800 sq ft metal farm shop, which will be available to the farm tenant. A survey is required to finalize the legal description of the acreage conveyed in the sale. The asking price is $5,250,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 700 ac (30,492,000 SF)
    UPID US05-0520873
    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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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