3523 Ar-163 Cherry Valley, AR 72324

Walnut Valley is a four-season, 398.26-acre property in Cross County, Arkansas, situated on Crowleys Ridge near Birdeye. The land offers both hunting and fishing opportunities and a business investment opportunity.

The hunting and fishing are exceptional. The land boasts a rich history of trophy whitetail deer, wild turkey, and outstanding dove hunting, supported by strategically planted and managed food plots featuring wheat and clover. The St. Francis River waterfowl flyway lies just 2.5 miles east. Shallow areas on certain ponds and lakes are planted with millet and dedicated for duck hunting. The lakes and ponds offer excellent fishing for largemouth bass, bream, and catfish. Additionally, the property benefits from adjacent large timber tracts, which are not hunted, creating an even large wildlife sanctuary effect.

The land breaks down into several distinct areas. Mature hardwood timberland comprised of 170 acres and 85 acres reforested with 16,000 planted trees, mainly sawtooth oaks and persimmon. Wildlife food plots and native grass fields span 67 acres, including six deer and turkey food plots, plus a dove field. Water features include nine bodies of water totaling 35 acres, comprising six ponds and three lakes, all stocked and managed for fishing. A creek runs north to south through the land, and natural springs help maintain water levels in certain ponds and lakes. The remaining acreage consists of improvement sites, and an excellent roads and trail system.

A commercial business operation historically has generated an estimated $12,000 monthly cash flow. The centerpiece is a newly constructed 6,200-square-foot restaurant building that can easily be converted into a recreational lodge. 30 campsites accommodate both RV camping (20 sites with full hookups) and traditional camping (10 sites with electricity). The restaurant compliments the campsite rental operation by providing food and beverage, retail merchandise, and bathroom accomodations customers. Additional business assets include a gravel supply worth an estimated $30,000 and unmined gravel valued at approximately $3 million. A caretaker oversees the property manages the daily business operations.

The property is located six miles from Cherry Valley, 35 miles from Jonesboro, and 50 miles from Memphis. Access is excellent via two routes: primarily from Arkansas Highway 163 to the east, and secondarily from Arkansas Highway 42 to the west. A 1.5-mile main road connects to five miles of interior roads and trails, providing access throughout the property to all areas of interest.

Offered for sale at $2,980,000, Walnut Valley is a unique combination of prime hunting, fishing, and outdoor lifestyle land with an established income-producing business offers multiple possibilities, from a private hunting retreat to an expanded commercial investment.

Qualified and serious parties should contact Chuck Myers of Myers Cobb Realtors at 901-830-5836 to learn more and to schedule a property tour.