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Baird & Brunson Land Management Group LLC

523 Acres +/- Smith/ Eldergrove Farm Sold

Carroll County, MS

The Smith Place/ Eldergrove Farm is a highly productive tract of land located in the southwest portion of Carroll County, MS, 13 miles south of Greenwood, MS. The farm consists of 98% tillable farmland in which contains 90% Class I silt loam soils which are very suitable for grain and cotton production and provide a history of strong yields. The farm is also located between two peanut purchasing facilities in which allows farmers to diversify their crop rotations further in a competitive market. Land leveling surveys have been conducted on the farm and are provided below.

The farm contains two leases in which are held by separate operators. One lease is set to expire on December 31st, 2014 and the other is set to expire on December 31st, 2017. Rental payments are due before the leased term. Lessee holding lease expiring in 2017 is obligated to install an irrigation well before the spring of 2014, at their expense. Copies of leases are provided below.

Price: $2,981,100 ($5,700/ Acre)

 

 

 

 

 

 

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