trotter lands

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offered for sale

TROTTER LANDS

An Agricultural and Recreational Investment Opportunity 447.0 (+/-) Total Acres • Jefferson County, Arkansas 2 Tracts - Individually Offered For Sale offered by

L i c e n s e d i n A r k a n s a s , L o u i s i a n a , M i s s i s s i p p i , Te n n e s s e e a n d Te x a s

DISCLOSURE STATEMENT Lile Real Estate, Inc. is the listing agency for the owner of the property described within this offering brochure. A representative of Lile Real Estate, Inc. must be present to conduct a showing. The management of Lile Real Estate, Inc. respectfully requests that interested parties contact us in advance to schedule a proper showing and do not attempt to tour or trespass on the property on their own. Thank you for your cooperation. Some images shown within this offering brochure are used for representative purposes and may not have been taken on location at the subject property. This offering is subject to errors, omissions, change or withdrawal without notice. All information provided herein is intended as a general guideline and has been provided by sources deemed reliable, but the accuracy of which we cannot guarantee.

vicinity map

property summary Description:

The Trotter Lands consist of 447.0 +/- total acres in two non-contiguous tracts located in Pine Bluff, Jefferson County, Arkansas, with the West Tract being 281.00 +/- acres and the East Tract being 166.00 +/- acres. Both tracts provide the unique opportunity to have a recreational and agricultural investment with close proximity to Pine Bluff, Arkansas. The West tract has great access, with approximately 1,500 linear feet of frontage along E. 38th Street and 1,350 linear feet of frontage along S. Ohio Street. The Farm Service Agency reports a total 137.99 cropland acres for the West Tract that are a light sandy soil good for growing soybeans, milo, or wheat. The cropland has the cropping history that is required to be eligible for enrollment into the Conservation Reserve Program. This tract also provides a timberland investment opportunity with the acreage that is enrolled in the Conservation Reserve Program, as well as the other timberland acreage. Deer hunting opportunities exist along Bayou Bartholomew which bisects the central portion of the tract, as well as in the timberland portion of the tract. The East tract has great access as well, with approximately 2,500 linear feet of frontage on Arkansas State Highway 65 Business, and 1,400 linear feet of frontage on Arkansas State Highway 63. The cropland acreage on this tract is a sandy soil that is well suited for a soybean and wheat rotation, and has also been planted in milo in the past. The Farm Service Agency reports a total of 146. 58 cropland acres for the East Tract, all of which are eligible to be enrolled into the Conservation Reserve Program if one so desired. Deer hunting opportunities exist on this tract, as well as possibly fishing in the former borrow pit areas on the eastern side of the property. It is important to note that both of these tracts have transitional higher and better use possibilities that should be considered by any prospective investor. There is a viable thought that with the property’s geographic location in relation to the city of Pine Bluff, available municipal utilities, and neighboring commercial development that with demographic and economic changes in the future for Pine Bluff a future higher density of development could be conceivable and warranted. The West Tract is being offered for $337,200.00 ($1,200.00 per acre), and the East Tract is being offered for $415,000.00 ($2,500.00 per acre). Please contact Gar Lile, or Gardner Lile of Lile Real Estate, Inc. at 501-374-3411 for more information.

Location:

Pine Bluff, Arkansas; Jefferson County; Southeastern Region of Arkansas

Irrigation:

All cropland acreage is non-irrigated.

Access:

• •

West Tract: E. 38th Street & S. Ohio Street East Tract: Arkansas State Highway 65B & Arkansas State Highway 63

property summary Farm Bases:

Please see attached Farm Service Agency (FSA) 156EZ within this brochure.

West Tract CRP Information:

Tract Number Contract Number 7549 7549 7549

11104 11104 537A

Expiration Date Field Number 9/30/26 9/30/26 9/30/21

Total

Est. Real Estate Taxes: • •

5 6 7

Acreage

Rental Rate

Payment

2.60 18.79 8.20

$126.86 $126.86 $65.00

$329.84 $2,383.70 $533.00

29.6

$3,246.54

West Tract: $1,177.00 East Tract: $1,011.00

Mineral Rights:

All mineral rights owned by the Seller, if any, shall transfer to the Buyer.

Farming Contract:

• •

West Tract: Farm is available for lease. East Tract: Farm is rented on a 75/25 crop share.

Offering Price:

• •

West Tract: $337,200.00 ($1,200.00 per acre) East Tract: $415,000.00 ($2,500.00 per acre)

Contact:

For questions concerning this offering or to schedule a property tour, contact Gar Lile or Gardner Lile of Lile Real Estate, Inc. at 501-374-3411.

ownership map

traffic count map

aerial map

soil map Soils Map

State: County: Location: Township: Acres: Date:

Arkansas Jefferson 14-6S-9W Vaugine 429.47 10/3/2016

Soils data provided by USDA and NRCS.

Area Symbol: AR660, Soil Area Version: 13 Code Soil Description

35

Roxana silt loam, 0 to 1 percent slopes

49

Acres

Percent of field

Non­Irr Class Legend

Non­ Bahiagrass Irr Class *c 

Common bermudagrass

Corn Cotton Grain lint sorghum

Grass Grass Improved clover legume bermudagrass hay

Pasture

Ric e

Soybeans

Tall To fescue

207.14

48.2%

I

 

 

 

 

 

 

 

 

 

 

 

 

Wabbaseka­ Latanier complex, undulating

75.45

17.6%

IIIw

 

6.5

 

700

 

 

 

11

 

 

35

9

15

Grenada silt loam, 1 to 3 percent slopes

51.06

11.9%

IIe

 

 

85

700

 

 

4

9.5

 

 

38

8

19

Hebert silt loam, 0 to 1 percent slopes

21.39

5.0%

IIw

 

 

 

 

 

 

 

 

 

 

 

 

5

Calloway silt loam, 1 to 3 percent slopes

21.27

5.0%

IIe

 

6.5

90

700

 

 

 

9

 

 

38

8.5

4

Calloway silt loam, 0 to 1 percent slopes

20.82

4.8%

IIw

 

6

95

750

 

 

 

9

 

 

40

8

34

Rilla silt loam, 1 to 3 percent slopes

9.47

2.2%

IIe

 

7.5

95

900

95

 

 

13.5

 

 

40

 

11

Crevasse loamy fine sand

8.53

2.0%

IVs

 

 

 

 

 

 

 

 

5

 

 

 

25

Ouachita soils, frequently flooded

5.39

1.3%

IVw

7

7

 

 

 

 

 

9

 

 

30

 

topography map Topography Map

map center: 34° 12' 32.85, -91° 58' 26.89

0ft

1909ft

14-6S-9W Jefferson County Arkansas 10/3/2016 Field borders provided by Farm Service Agency as of 5/21/2008.

3819ft

farm service agency

- west tract

fsa map

- west tract

farm service agency

- east tract

fsa map

- east tract

lowe’s bordering west tract

west tract cropland

west tract s.

38th street frontage

west tract s. ohio street frontage

east tract cropland

east tract hwy.

63 frontage

east tract intersection

east tract north gate

notes

LILE REAL ESTATE, INC. Arkansas - Corporate Office 401 Autumn Road Little Rock, AR 72211 501.374.3411 501.374.0609 (fax)

Tennessee - Regional Office 5521 Murray Avenue, Suite 110 Memphis, TN 38119 901.260.4580 901.260.4582 (fax)

[email protected] www.lilerealestate.com

L i c e n s e d i n A r k a n s a s , L o u i s i a n a , M i s s i s s i p p i , Te n n e s s e e a n d Te x a s