Paragould Scheer Farm

The Farmland Group is proud to offer the Paragould Scheer Farm for sale. The property is very well-located high-quality corn, rice, and soybean farm in northeast Greene County. It is situated in a very desirable farming area with excellent underground irrigation water, good growing conditions, and a quality tenant base. The properties are located in northeast Greene County, Arkansas. There are 3 tracts located eight miles north of Paragould and one mile south of Marmaduke. The farm has good access to several county roads. There are chemical and fertilizer outlets, equipment and parts dealers, and grain elevators nearby. Location and access are excellent. The farm consists of 735 total acres per Greene County tax accessor and 736.22 cropland acres in three tracts within one mile of each other. All but 120 acres have been precision leveled to grade with approximately 73 acres being zero grade. The soils are approximately 70% silt loams and 30% silty clay loams. These soils are well suited for raising corn, rice, and soybeans. Rice and soybeans have been the crop rotation for many years. There are two 40,000-bushel GSI grain bins approximately 17 years old. There are two wells powered by diesel power units (retained by owner), two electric turbine wells, a submersible well and a permanent relift pump and weir in the drainage ditch to irrigate two small fields. There is one well on neighboring property that is leased by the owner and irrigates the 32-acre tract. Sales Price - $7,600 per cropland acre. All cash at closing subject to 2025 farming rights. The farm is owner operated, and the seller would like to lease the farm and hunting rights from the buyer. The lease rate to be determined. There are 438 acres subject to a solar lease to Derivia Energy that was signed November 2021 and expires November 2026. The lease document outlining the terms is available upon request. To obtain a copy interested parties will be required to sign a non-disclosure agreement. The owner and his representative believe this project has a good chance of going through. According to the owner, they are currently in the stage of performing topographic and boundary surveys of the property. Showing by appointment only. To request showing or more information contact Gwin or Shelby.