Cousart bayou farm

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Acreage: 620 (+/-)
Type: Agricultural & Recreational
Location: Jefferson County, Arkansas
Price: Sealed Bid Sale (BID DATE: October 25, 2018 by 3:00 PM)

Contact: Gardner Lile or Gar Lile

•    501-658-9275 (m)
•    501-920-7015 (m)
•    gardner@lilerealestate.com | glile@lilerealestate.com

The Cousart Bayou Farm is an investment grade agricultural commodity production farm consisting of 620 (+/-) total acres located eight miles east of the city of Pine Bluff in Jefferson County, Arkansas. This farm has been developed and improved to be a strong income producing farm with nearly all of the tillable acreage being precision leveled. According to the Farm Service Agency, there are 559.48 tillable acres, of which 350.08 acres have been leveled to a zero grade, and 163.07 have been leveled with a fall. On the western portion of the farm, there are three wells that irrigate the entire farm with the eastern fields being irrigated by gravity flowing the water from the west. The farm has great access and frontage along Arkansas State Highway 425 on the west side. On the northwest corner of the farm, there is a headquarters site with a 4,000 square foot metal building shop and an equipment yard.

The farm has a history of heavy rice rotation with some acreage being planted in soybeans each year; this combination has historically pro­duced a solid return for the landlord. The hunting rights on the farm have not historically been leased out. With that said, we believe the hunting rights could be leased out for additional income each year. With nearly all of the tillable acreage being precision leveled, planting his­tory, and such a strong efficiency this farm lends itself to continue to be a strong agricultural investment. 

All bids must be received at the offices of Lile Real Estate, Inc. by 3:00 p.m. on Thursday, October 25, 2018. Contact Gardner Lile (mobile: 501-658-9275) or Gar Lile (mobile: 501-920-7015) to request a bid package or to schedule a property tour.


 


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.