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The Monroe Farm consists of approximately 307± acres, in three (3) non-contiguous tracts, located in Monroe County, Arkansas just east of the community of Monroe. The Farm Service Agency office reports a total of 282.59± cropland acres that are all irrigated, with the exception of 34.3± acres. The irrigation infrastructure consists of six (6) electric submersible wells and a network of underground pipe.
The tillable acreage has a historical crop rotation of rice and soybeans and is leased to J and B Farms Partnership on a crop share through a written lease that expires on December 31st, 2026. The crop share is 75 / 25 with the landowner being responsible for 25% of the fertilizer expense. The west tract has good access from Arkansas State Highway 79 & Smale Road, the north tract has good access from Arkansas State Highways 79 & 39, and the east tract is accessed from both Arkansas State Highway 39 & Minnow Farm Road.
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.
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