588 acre Delta Farm
Panola County, Mississippi
CONTRACT PENDING
Price: $2,730,000 ($5,250 per tillable acre)
Total Acres: +/- 577 acres
Cultivatable Acres: +/- 520 acres (90%)
Precision Leveled Acres: +/- 458 acres (88%)
Irrigated Acres: +/- 363 acres (70%)
Irrigation:
· New 5,000 GPM Diesel Pump lifting 15 feet from Little Tallahatchie River
· New 12” underground pipe installed with manifold and risers for flow direction
· All irrigation improvements being completed Spring 2021
Lease: 2021 Cash Rent
· Irrigated Ground: 363 acres @ $200/acre
· Dry Ground: 157 acres @ $150/acre
TOTAL: $96,150
Soil Composition:
· NCCPI Rating: 69.9
· 80% composed of Class 2 soil types
Crops Cultivated (2020):
· Corn, Soybeans, Wheat, Peanuts
Crop Base Acreage:
· Seed Cotton: 442.0 acres
· Generic Base: 78.0 acres
Real Estate Taxes: Approx. $11.71/acre