$5,325,000.00
Seven Mile Closed

Seven Mile Farm

SOLD – Property: Seven Mile Farm comprised of 878.1 farmland acres of which 825.76 are FSA cropland acres. The farm is located north of state HWY 14 in Humphreys and Sharkey Counties, Mississippi. The farm is 83% irrigated and 68% land formed. The soils are suitable for all small grains grown in the region and cotton.

Primary Soils: Alligator, Sharkey clays and Forestdale silt clay loam

  Land Breakdown & Improvements:

  • Seven Irrigation wells
  • 400- acre precision land formed
  • 160 acres land planned row-fall
  • 125 acres water by 1,275-foot pivot
  • 140 acres dryland (owner plans to form fall 2024 cost built into sales price)

Crop Base: see FSA data summary, 731 total base acres

  • Rice: 180.55 ac
  • Cotton: 230.8 ac
  • Soybeans: 236.01 ac
  • Generic: 57.78

Lease:

  • Owner operator: ($185,000. market estimate for rental)
  • Hunting: $10,000.00 (estimated for 2024)

Taxes: $10,148.11 ($11.55 avg acre)

Price: $5,325,000.00  

Contact: Jacob Sartain 662-836-6048 or Jsartain@sartainsheritage.com

 

Details

Price : $5,325,000.00
Purpose : Farm Land
Status : Sold
Area : 878.1
Country : United States (US)
State : Mississippi
Property ID : 802228

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