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Farm and Cellular Tower Investment

Bay, AR 72411

Craighead County, Arkansas

Shown by Appointment Only

77 Acres
Land Auction
January 20, 2022 10:00 AM
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Under Contract

Property Description

This Arkansas farm for sale by auction is located in Craighead County and comprised of 77 +/- acres approximately a quarter mile northwest of Bay, AR, 5 miles southeast of Jonesboro, AR and 50 northwest of Memphis, TN. This property has gravel road frontage along Van Winkle Rd. The soils consist of Dundee and Mhoon fine sandy loams as well as Fountain Silt loams. The soil Nccpi rating is 77.7, well above the county average of 62.

Lot 1 consist of about 76 acres (74.12 crop acres) and is row irrigated. The farm has a history of corn, cotton, and soybeans. The soils are also suitable for peanuts, wheat, sorghum and specialty crops.

Lot 2 is a cell tower on the southwest corner consisting of 1 acre. Rent on the tower is currently $1,078 per month. This lot provides a rare opportunity to own commercial property in a great location for continued cellular communication service along I-555.

Property Maps

More Property Details

Owner Will Subdivide
Flat Terrain
Gravel Road Access
Electricity Service
Telephone Service
Water Service
Estimated Annual Taxes
$805
Annual Lease Payment
$32,000
COMMERCIALFLIP ID
301267
Posted on COMMERCIALFLIP
28 Days Ago
Last Updated
8 Days Ago
Views
443
Saves
2
Property features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by COMMERCIALFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.