offered for sale
elgin plantation
An agricultural and recreational investment opportunity. 471 (+/-) total acres • Jackson County, Arkansas offered by
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 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 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
subject property
property summary Description:
The Elgin Plantation is an agricultural, investment opportunity, which consists of two tracts totaling 471 (+/-) acres. The farm is located in Jackson County in northeast Arkansas and was established in 1842. 93% of the land on both tracts is tillable farmland and both tracts are easily accessed via Arkansas Highway 37. The property is situated in a prime waterfowl flyway, which provides additional value in the form of recreational duck hunting. This farm offerd for sale at an asking price of $1,177,500.00 (2,500.00 per acre).
Location: Elgin, Arkansas; Jackson County; Northeast Region of Arkansas Mileage Chart Newport, AR 13 miles Batesville, AR 31 miles Little Rock, AR 108 miles Memphis, TN 110 miles Access:
Acreage:
Access is via Arkansas Highway 37 and interior farm roads. 471 (+/-) Total Acres
West Tract: 271 (+/-) acres Acreage Breakdown - Tract 1 251 (+/-) acres (93%) in tillable farmland 20 (+/-) acres (7%) in ditches, roads, and other East Tract: 200 (+/-) acres Acreage Breakdown - Tract 2 186 (+/-) acres (93%) in tillable farmland 14 (+/-) acres (7%) in ditches, roads, and other Improvements:
West Tract - House/lodge site with electricity and well
Irrigation:
East Tract - 1 well (12”) with gearhead
South Tract - 2 wells without pumps - 1 well (12”) with gearhead Both
tracts are permitted to add as many wells as needed.
Farm Bases: West Tract Crop Wheat Long Rice Medium Rice Soybeans Total Base Acres
FSA No. 1030 Tract No. 1599 Base Acres
224.2 114.2 10.9 319.2 668.5
Direct Yield
32 3,571 3,571 18
CC Yield
49 4,431 4,431 22
Direct Payment:
$13,957.00 (estimated)
Farm Lease:
There is an annual lease in place with the farm tenant at a 75/25 crop share for 2011.
Real Estate Taxes: $1,662.00 (estimated) Wtr/Min Rights:
Any and all owned by Seller shall transfer to Buyer.
Recreation:
Duck hunting
Offering Price:
$1,177,500.00 ($2,500.00 per acre)
Contact:
Any questions concerning this offering or to schedule a property tour should be directed to Joel Whicker (mobile: 501-658-0658) or Gar Lile (mobile: 501-920-7015) of Lile Real Estate, Inc.
plat map
aerial view
- west tract
aerial view
- east tract
topographic map
91° 18' 41''
91° 17' 27''
Farmland Classification—Jackson County, Arkansas
652800
653100
653400
653700
654000
654300 35° 46' 6''
3959400
3959400
35° 46' 7''
3959100 3958800
3958800
Fo
3959100
DvU
3958500
B eU
3958500
DvU
3958200
3958200
BoA
3957900
3957900
BoU BoU Fo
BeU
3957300
BoA
3957300
Fo
3957600
3957600
BeU
35° 44' 46''
35° 44' 45'' 653100
653400
653700
Map Scale: 1:12,000 if printed on A size (8.5" x 11") sheet.
0 0
100 450
Natural Resources Conservation Service
200
400 900
Meters 600 1,800
Feet 2,700
Web Soil Survey National Cooperative Soil Survey
654000
654300 91° 17' 28''
91° 18' 42''
652800
5/18/2011 Page 1 of 3
Farmland Classification–Jackson County, Arkansas
Farmland Classification Farmland Classification— Summary by Map Unit — Jackson County, Arkansas Map unit symbol
Map unit name
Rating
Acres in AOI
Percent of AOI
BeU
Beulah fine sandy loam, undulating
All areas are prime farmland
19.2
6.7%
BoA
Bosket fine sandy loam, 0 to 1 percent slopes
All areas are prime farmland
153.8
53.4%
BoU
Bosket fine sandy loam, undulating
All areas are prime farmland
106.9
37.1%
DvU
Dundee silt loam, undulating
All areas are prime farmland
0.2
0.1%
Fo
Forestdale silty clay loam
Prime farmland if drained and either protected from flooding or not frequently flooded during the growing season
7.8
2.7%
287.9
100.0%
Totals for Area of Interest
Description Farmland classification identifies map units as prime farmland, farmland of statewide importance, farmland of local importance, or unique farmland. It identifies the location and extent of the soils that are best suited to food, feed, fiber, forage, and oilseed crops. NRCS policy and procedures on prime and unique farmlands are published in the "Federal Register," Vol. 43, No. 21, January 31, 1978.
Rating Options FarmlandNo Classification–Lafayette, Little River, and Miller Counties, Arkansas Aggregation Method: Aggregation Necessary
Tie-break Rule: Lower
MAP LEGEND Area of Interest (AOI) Area of Interest (AOI) Soils Soil Map Units Soil Ratings Not prime farmland All areas are prime farmland Prime farmland if drained Prime farmland if protected from flooding or not frequently flooded during the growing season Prime farmland if irrigated Prime farmland if drained and either protected from flooding or not frequently flooded during the growing season Prime farmland if irrigated and drained
Natural PrimeResources farmland if irrigated and either protected from Conservation Service
flooding or not frequently flooded during the growing season
MAP INFORMATION
Prime farmland if subsoiled, completely removing the root inhibiting soil layer Prime farmland if irrigated and the product of I (soil erodibility) x C (climate factor) does not exceed 60
US Routes
Map Scale: 1:13,200 if printed on A size (8.5" × 11") sheet.
Major Roads
The soil surveys that comprise your AOI were mapped at 1:20,000.
Local Roads
Prime farmland if irrigated and reclaimed of excess salts and sodium Farmland of statewide importance Farmland of local importance
Please rely on the bar scale on each map sheet for accurate map measurements. Source of Map: Natural Resources Conservation Service Web Soil Survey URL: http://websoilsurvey.nrcs.usda.gov Coordinate System: UTM Zone 15N NAD83 This product is generated from the USDA-NRCS certified data as of the version date(s) listed below.
Farmland of unique importance
Soil Survey Area: Lafayette, Little River, and Miller Counties, Arkansas Survey Area Data: Version 9, Dec 2, 2008
Not rated or not available
Date(s) aerial images were photographed:
Political Features Cities Water Features Oceans Streams and Canals Transportation Rails Interstate Highways
2000
The orthophoto or other base map on which the soil lines were compiled and digitized probably differs from the background imagery displayed on these maps. As a result, some minor shifting of map unit boundaries may be evident.
Web Soil Survey National Cooperative Soil Survey
5/18/2011 Page 3 of 3
35° 45' 34''
35° 44' 52''
91° 17' 3'' 91° 17' 4''
655200
655200
Fm
Pa
655400
U
BeU
655600
BoU
655600
BoA
200 1,000
400
656000
656000
656200
BoA
656200
Feet 3,000
656400
BoU
656400
656600
BeU
656600
656800
BoU
656800
91° 15' 48''
5/18/2011 Page 1 of 3
91° 15' 49''
Farmland Classification—Jackson County, Arkansas
655800
Pa
655800
2,000
Meters 600
BeU
500
Main Ditch
Web Soil Survey National Cooperative Soil Survey
3958600
3958400
3958200
3958000
3957800
3957600
3957400
Fc
Be
655400
100
Map Scale: 1:9,050 if printed on A size (8.5" x 11") sheet.
0 0
Natural Resources Conservation Service
Main Ditch
3958600 3958400 3958200 3958000 3957800 3957600 3957400
Petro Rd
35° 45' 32''
35° 44' 51''
Farmland Classification–Jackson County, Arkansas
Farmland Classification Farmland Classification— Summary by Map Unit — Jackson County, Arkansas Map unit symbol
Map unit name
Rating
Acres in AOI
Percent of AOI
BeU
Beulah fine sandy loam, undulating All areas are prime farmland
34.4
18.1%
BoA
Bosket fine sandy loam, 0 to 1 percent slopes
All areas are prime farmland
18.5
9.7%
BoU
Bosket fine sandy loam, undulating All areas are prime farmland
43.9
23.1%
Fc
Foley-Calhoun complex
Not prime farmland
32.6
17.2%
Fm
Foley-Calhoun-McCrory complex
Not prime farmland
0.7
0.4%
Pa
Patterson fine sandy loam
All areas are prime farmland
59.7
31.4%
189.9
100.0%
Totals for Area of Interest
Description Farmland classification identifies map units as prime farmland, farmland of statewide importance, farmland of local importance, or unique farmland. It identifies the location and extent of the soils that are best suited to food, feed, fiber, forage, and oilseed crops. NRCS policy and procedures on prime and unique farmlands are published in the "Federal Register," Vol. 43, No. 21, January 31, 1978.
Rating Options Aggregation Method: No Aggregation Necessary Tie-break Rule: Lower Farmland Classification–Lafayette, Little River, and Miller Counties, Arkansas
MAP LEGEND Area of Interest (AOI) Area of Interest (AOI) Soils Soil Map Units Soil Ratings Not prime farmland All areas are prime farmland Prime farmland if drained Prime farmland if protected from flooding or not frequently flooded during the growing season Prime farmland if irrigated Prime farmland if drained and either protected from flooding or not frequently flooded during the growing season Prime farmland if irrigated and drained
Natural PrimeResources farmland if irrigated and either protected from Conservation Service
flooding or not frequently flooded during the growing season
MAP INFORMATION
Prime farmland if subsoiled, completely removing the root inhibiting soil layer Prime farmland if irrigated and the product of I (soil erodibility) x C (climate factor) does not exceed 60
US Routes
Map Scale: 1:13,200 if printed on A size (8.5" × 11") sheet.
Major Roads
The soil surveys that comprise your AOI were mapped at 1:20,000.
Local Roads
Prime farmland if irrigated and reclaimed of excess salts and sodium Farmland of statewide importance Farmland of local importance
Please rely on the bar scale on each map sheet for accurate map measurements. Source of Map: Natural Resources Conservation Service Web Soil Survey URL: http://websoilsurvey.nrcs.usda.gov Coordinate System: UTM Zone 15N NAD83 This product is generated from the USDA-NRCS certified data as of the version date(s) listed below.
Farmland of unique importance
Soil Survey Area: Lafayette, Little River, and Miller Counties, Arkansas Survey Area Data: Version 9, Dec 2, 2008
Not rated or not available
Date(s) aerial images were photographed:
Political Features Cities Water Features Oceans Streams and Canals Transportation Rails Interstate Highways
2000
The orthophoto or other base map on which the soil lines were compiled and digitized probably differs from the background imagery displayed on these maps. As a result, some minor shifting of map unit boundaries may be evident.
Web Soil Survey National Cooperative Soil Survey
5/18/2011 Page 3 of 3
notes