248 +/- Ac - Leflore County, MS - Thierry Farm
$ 1,050,000
Thierry Farm is located in northern Leflore County, Mississippi, near Minter City, and consists of 248 +/- acres that span the spectrum of Delta land investments. Offering multiple income streams and land uses, the property is comprised of 150 acres of irrigated croplands, 64 acres of CRP hardwoods, and the balance of the acres in a shallow bottom duck slough. The hunting history of this property is well known in the region. The farm offers multiple duck holes - two in the row crop portions of the property as well as several locations throughout the slough. There are also 18 year old oaks that offer excellent hunting opportunities. In addition to quality duck hunting, the deer hunting is top notch for the property's size. Multiple deer topping the 150-160 range have been harvested in recent years.
The investment opportunity is excellent, yielding a 3.5% annual cash return, at the asking price. Thierry Farm is a unique property offering sound investment structure as well as quality recreational opportunities.
Location: Section 1 & 2 / T22N / R2W Leflore County, Mississippi.
Improvements:
60 x 15 mobile home with covered porch and mudroom
One shaft driven, 60hp irrigation well with U/G pipe and discharges
Five water control structures
Three permanent duck blinds
Annual Income:
Farm lease: $18,750.00 through 2021
Hunting lease: $10,000.00 through 2024
CRP: $7,021.00 through 2031 & 2033
Carbon Credits: +/- $1,000.00 annually
(Total Gross Annual: $35,771.00)
For more information, or to schedule a time to view the property, please contact:
Walter Tutt at 334-534-1315 or
Jacob Sartain at 662-836-6048 **Co-Brokerage with Sartain's Heritage Properties LLC