Phillips County
Irrigated Income Earning Tillable Acreage
Phillips Rd. 445 Oneida, AR 74055
Description
Under Contract! This property earns excellent rent and would be a quality addition to any land portfolio. The property is a +/-612-acre tract in Phillips County, AR, near the towns of Elaine and Oneida. The property is used in intensive row crop production and is divided into two tracts that are near one another. The property is partially irrigated by two pivots covering an estimated +/-373 acres. One pivot is owned by the lessee. A review of satellite imagery shows the pivots being highly effective and likely benefiting more acreage than what is directly under the pivot.
Summary
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Details
- Substantial portion directly under pivot
- Strong income producing tillable acreage
- Potential for value add with additional irrigation
- Some soils lend to high value, high rent rice production
- Located near traditionally strong basis marketing opportunities
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