0 Chicken Jeans Rd England, AR 72046

GKJ Family Farm Clear Lake Road

Description:
The Farmland Group is proud to offer the GKJ Family Limited Partnership farmland for sale. This property is a well-located, high-quality farm located in the heart of some of the best producing agricultural farmland in East Central Arkansas. The Johnson family has owned this farmland for decades and have made numerous improvements such as precision land leveling, underground irrigation pipelines and a surface water irrigation re-lift in Plum Bayou to enhance the crop production and lower production costs.

Location:
The property is located in eastern Pulaski County near the community of Keo, Arkansas. This farm has excellent access on Clear Lake Road and is in close proximity to various farm supply stores, fertilizer outlets, equipment & parts dealerships and grain elevators.

Acreage:
The farm consists of 242.89 FSA Farmland Acres and contains 211.15 FSA Cropland Acres . All of the FSA Base Acres convey with the sale of the property.

Soils:
The farm is comprised of a variety of soil types including Rilla Silt Loam, Moreland Silty Clay and Perry Clay. These types of soils are most suitable for growing Rice, Corn, Soybeans, Milo and Wheat.

Improvements:
There is one 8 steel irrigation well on the property and one surface water re-lift along Clear Lake Road in Plum Bayou. An underground irrigation pipeline has been installed throughout the farm to distribute water to the various fields. Although the owner utilizes Plum Bayou surface water to irrigate much of this farm, to take advantage of the cheaper pumping costs, it should be noted that there is excellent ground water available on this farm.

Price:
$1,478,050 or $7,000 per FSA Cropland Acre

Lease:
The farm is currently under a one year written 80/20 crop share lease. Per conversations with the owner, this written lease will terminate on 12/31/25.

Possession:
At Closing, subject to existing farm lease.

Disclaimer:
The Farmland Group, LLC is the Exclusive Agent for the property described herein. This brochure and all information contained herein is believed to be correct; however, we make no guarantee as to its accuracy. Prospective buyers are urged to inspect the property and perform their own independent due diligence. The Farmland Group, LLC and its agents assume no liability as to errors, omissions or investment results.