248 +/- Ac - Leflore County, MS - Thierry Farm

$ 1,050,000

Leflore County, Mississippi

Listing Status: Under Contract

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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


Property Map:

Walter Tutt Land Real Estate Agent

Walter Tutt

Owner/Broker

Walter graduated with a Mechanical Engineering Degree from the University of Alabama in 1988. Immediately, he knew that he wanted to be in the hunting and land business. After assisting many landowners with land and timbe...