hickory ridge farm & reserve

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offered for sale

hickory ridge farm & reserve An agricultural and recreational investment opportunity 547.42 (+/-) total acres • Cross County, Arkansas

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 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

subject property

property summary Description: The Hickory Ridge Farm & Reserve consists 547.42 (+/-) contiguous acres located just west of Hickory Ridge, Arkansas in western Cross County. The property offers 437.07 (+/-) acres of tillable farmland producing rice and soybeans. Access is directly from Arkansas Highway 42 and interior farm roads. The land is positioned along Bayou DeView and has an superb reputation for duck hunting. There are three (3) duck hunting blinds and two (2) pits established on the property. Crop irrigation and duck hunting water is available via Bayou DeView and five (5) wells. This property is offered for sale for $1,642,260.00 ($3,000.00 per acre). Contact Hunter Ziegler at 901-351-5296 or 901-260-4580 to schedule a tour or for additional information. Location:

Hickory Ridge, Arkansas; Cross County; Northeast Region of Arkansas

Mileage Chart

Searcy, AR Jonesboro, AR Memphis, AR Little Rock, AR Access:







54 miles 37 miles 70 miles 101 miles

Access is via Arkansas Highway 42 and interior farm roads.

Acreage:

547.42 (+/-) Total Acres (surveyed) - 437.07 (+/-) acres in cultivation (80%) - 100.26 (+/-) acres in woodland and bayou (18%) - 10.09 (+/-) acres in ditches, roads, and other (2%)

Irrigation:

Five (5) wells - 3 gearhead with 10” discharge - 1 gearhead with 6” discharge - 1 electric, submersible with 6” discharge

Mineral Rights:

Any mineral rights owned by the Seller shall convey in the property sale, without reservation.

Recreation: The property offers excellent duck hunting associated with the Bayou DeView flyway. There are four (2) duck hunting blinds, a tree island (natural duck blind), and two (2) pit established on the property. Farming Contract: A written 75/25 crop share is in place with the landowner receiving 25 percent. Real Estate Taxes: Tract Parcel Number ID S-T-R 1 001-00888-000 1166 17-09-01 2 001-00900-000 1192 18-09-01 TOTALS

Est. Acreage

47.0 512.48 559.48

Est. Taxes

$4.88 $59.76 $64.64

Offering Price:

$1,642,260.00 ($3,000.00 per acre)

Contact:

Any questions concerning this offering, or to schedule a property tour should be directed to Hunter Ziegler at 901-351-5296 or 901-260-4580.



plat map

ba yo

ud ev ie

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specific features

B

E

C

S M

N

F

I R

Q

OP K

D

L

G H

J

ar highway

B Gate C Gate D Gate

E F G H I J K L M

42

6” Well 10” Well 10” Well 6” Well 10” Well Drain Pipe Large Drain Pipe Water Control Pipe Water Control Pipe

N O P Q R S

22’ Duck Blind 22’ Duck Blind 18’ Duck Pit 26’ Duck Blind 18’ Duck Pit Tree Island Natural Duck Blind

Aerial Map

map center: 35° 24' 16.68, 91° 1' 38.61 scale: 15290

18-9N-1E Cross County Arkansas 5/6/2015

Topography Map

map center: 35° 24' 16.68, 91° 1' 38.61

18-9N-1E Cross County Arkansas

scale: 15290

5/6/2015

Soil Map

Arkansas Cross 18-9N-1E Hickory Ridge 547.4 5/6/2015

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

Soils data provided by USDA and NRCS.

Area Symbol: AR037, Soil Area Version: 14 Area Symbol: AR067, Soil Area Version: 11 Code Soil Description

Acres

Percent of field

Non­Irr Class Legend

Non­ Bahiagrass Irr Class

Common bermudagrass

Corn Cotton lint

Improved bermudagrass

Rice Irrigated

Soybeans

Tall fescue

Warm season grasses

Wheat Wheat Irrigated

Za

Zachary silt loam

227.21

41.5%

IVw

 

6

 

 

 

 

 

 

 

 

 

Ag

Alligator silt loam

112.94

20.6%

IIIw

 

7.5

 

600

 

130

35

9

 

 

45

W

Water

81.98

15.0%

 

 

 

 

 

 

 

 

 

 

 

 

FgA

Foley and Grubbs silt loams, 0 to 2 percent slopes

71.58

13.1%

IIIw

 

6

 

650

 

120

30

8

 

40

 

Am

Alligator silty clay loam

32.99

6.0%

IIIw

 

7.5

 

600

 

130

35

9

 

 

45

CrA

Crowley and Hillemann silt loams, 0 to 1 percent slopes

9.89

1.8%

IIIw

7.5

5.5

 

475

 

130

30

 

 

 

 

DbB

Dubbs fine sandy loam, gently undulating

8.39

1.5%

IIe

 

 

85

800

12

 

35

10

6.5

50

 

Fc

Foley­ Calhoun complex

2.19

0.4%

IIIw

 

6

 

650

 

120

30

8

 

40

 

Co

Crowley silt loam

0.23

0.0%

IIIw

7.5

5.5

 

475

 

130

30

 

 

 

 

Weighted Average

0.1

5.4

1.3

268.6

0.2

53.2

14.5

3.6

0.1

6.2

12

Area Symbol: AR037, Soil Area Version: 14 Area Symbol: AR067, Soil Area Version: 11 Soils data provided by USDA and NRCS.

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