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1468 acres Irrigated Rice/ Soybean Farm

ACTIVE 1,468 +/- Acres $9,561,500
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Why You'll Love It

Excellent irrigated farm growing either rice or soybeans every year. The farm is flood-irrigated by 6 wells. The farmer is one of the best and wants to remain on the place. He owns all the power units and the owner owns the down hole gear. There are plenty of risers to get water into app. 1270 acres. 91 acres are not irrigated. The total cropland is 1370 acres of the 1468 total acres. This years bean crop was excellent 

Rent is $180.00 / irrigated acre and $105 non-irrigated.

There is an excellent road system throughout the farm

 Sale contingent on a hunting servitude in favor of Monterey Delta Farm, LLC, (MDF), that would apply to any future owner. Purchaser would not be permitted to hunt on the Property. Seller would have the exclusive right to hunt on the property. This would also apply to any future Purchaser. A summary of the terms and conditions is available to any potential purchaser.

Call agent to discuss.

Read More

Parcel #/ID

0500168000A, 0500168000B, 0500024100D

Legal Information

Download Legal Description

Property Highlights
Farms & Ranches Farmland, Crop Production
  • Alligator Clay soils
  • 6 wells, flood irrigated1270 acres
  • Good farmer that wants to stay
  • Average rent, based on irrigated and none irrigated acreage is $175 per acre on 1370 acres.

Estimated Income:

Crop Income: $239,775
TOTAL ESTIMATED INCOME: $239,775

2024 Taxes:

$5,402

Zoning:

00

Future Land Use:

Farming

Listing ID#:

3071437


Location
00 Hwy 129
Monterey, LA 71354
Coordinates:

31.479656379589 , -91.687870370113

From the Hwy 129 bridge over Bayou Cocodrie north of Monterey, go north 1.7 miles to a farm road on the left. The tract starts to the left of this road. Continue down the road to the cropland.

All land qualifies for a 1031 exchange!
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