An excellent small farm, just Southeast of the Jonesboro City limits. All levelled to grade and irrigated. The farm has been owner-occupied for over 30 years with a high level of management. The land consists of Silt Loam soils which are suited to: Cotton, Soybeans, Corn, Peanuts and Wheat. The farm is currently in a Corn/Soybean annual rotation. The seller is willing to lease back the farm if requested.
The property is easily accessed by public county roads, being fronted along the south property line for a half-mile by (gravel) County Road # 655. The Northern 16-acre tract is accessed by way of a farm field road. The farm is only one-quarter mile from paved County Road #655 (Barnhill Road) to the West and County Road #673 to the East. (See Maps)
Located near Jonesboro’s Industrial Park, the property lends itself to future commercial development. The property is three miles Northeast of the Nestle Road interchange onto Interstate 555, and 1 1/2 miles Southeast of the Barnhill Road / CW Post Road intersection.
This is an excellent investment opportunity, with a reliable annual income source from farm rents.