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Monroe Farm

$1,669,495

Available

Price: $1,669,495

Acreage: 307± acres

State: Arkansas

County: Monroe

Close-up of a lush green rice field under a clear blue sky, with rice plants at various stages of maturity.

Aerial view of expansive farmland with fields, a road, and nearby bodies of water under a clear blue sky.

Aerial view of vast agricultural fields with patches of green and brown, a dirt path, and a power line tower on the right.

Aerial view of expansive farmland with green fields, a brown patch, and distant water bodies under a clear blue sky.

Aerial view of expansive agricultural fields with green patches, dirt roads, and surrounding trees under a clear sky.

Aerial view of large, plowed agricultural fields with a small pond, surrounded by distant trees under a clear blue sky.

Aerial view of expansive farmland with green fields and patches of trees. A road runs along the right side, and a cluster of buildings is visible in the bottom left corner.

Aerial view of expansive agricultural fields with patches of greenery and water, bordered by a road on the left and a horizon under a clear blue sky.

A vast, flat field with sparse grass under a clear blue sky, bordered by a distant tree line on the horizon.

An irrigation well next to the field. The surrounding area is grassy with power lines above and an open field in the background.

Empty rural road with yellow center line, flanked by green fields and power lines under a clear blue sky.

An electric well for irrigation stand in a grassy field under a clear blue sky.

A vast grassy field under a blue sky with scattered clouds. A narrow dirt path runs across the field. Trees line the horizon.

Overgrown grass and weeds an electric well used for irrigation.

Wide view of a flat agricultural field with sparse green growth, clear blue sky, and light cloud streaks above. Tire tracks are visible in the foreground.

A long, straight dirt road stretches into the distance under a blue sky with scattered clouds. Trees and bushes line the road, and the sun is visible on the left.

A long, straight road stretches into the distance with clear blue skies above. Trees and fields line both sides, and power lines run parallel to the road.

A vast, flat field with sparse green plants under a clear blue sky, stretching to the horizon with trees in the distance.

The irrigation well is located right next to the field. Blue sky and grassy field in the background.

A vast open field with patches of grass and soil under a clear blue sky, bordered by trees on the horizon.

PROPERTY DESCRIPTION

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.

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Smiling person in a plaid shirt with short, light brown hair standing against a plain background.

Gardner Lile

gardner@lilerealestate.com

501-658-9275

contact me

Gar Lile

glile@lilerealestate.com

501-920-7015

contact me

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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