Property Overview
PROPERTY OVERVIEW – THE FUHRMAN FARM
The Fuhrman Farm is located just outside the city limits of Gillett in southern Arkansas County, Arkansas. According to county tax records, the property consists of approximately 389.96 acres, including 318.95 acres in cultivation. This investment-grade farm offers an excellent opportunity to acquire productive agricultural ground with extensive irrigation infrastructure, multiple sources of income, and exceptional waterfowl hunting potential.
One of the farm's most attractive features is its extensive irrigation infrastructure and access to both groundwater and surface water. The property includes a 1,300 GPM electric well, a 2,000 GPM electric relift from the Flag Lake Ditch, and additional electric submersible wells and relifts serving the former commercial fish ponds. Nine irrigation risers connected through underground pipe provide water distribution throughout the farm. Unlike certain other areas of the Grand Prairie, the property has historically benefited from favorable groundwater availability. The farm is also a member of the Flag Lake Water Association, providing an additional source of water for agricultural production.
The Fuhrman Farm has a proven history of agricultural production, with reported yields of approximately 250 bushels per acre for corn, 220 to 240 bushels per acre for rice, and 60 to 70 bushels per acre for soybeans in recent years. The farm is currently leased under an 80/20 crop-share arrangement to a tenant who has farmed the property for 21 years. The predominant soil types include Stuttgart, Tichnor, Immanuel, and DeWitt silt loams. Portions of the property formerly utilized as commercial fish ponds have since been converted to row-crop production, further contributing to the farm's agricultural utility.
In addition to its agricultural income, the Fuhrman Farm offers excellent recreational opportunities. The property has a longstanding history of duck and goose hunting, with hunting rights leased on a daily basis for several years. A new owner could continue this arrangement as an additional revenue stream or reserve the hunting opportunities for personal enjoyment. Two large sheds are also rented on a month-to-month basis, generating supplemental income. With productive farmland, substantial irrigation infrastructure, an established farmer, and recreational potential, the Fuhrman Farm represents an outstanding opportunity to invest in a productive farm on the Grand Prairie.
PROPERTY HIGHLIGHTS • 389.96 ± acres according to county tax records
• 318.95 ± acres in cultivation
• Productive rice, corn, and soybean farmland
• Extensive irrigation infrastructure
o 60 HP electric well – estimated 1,300 GPM
o 40 HP electric relift from Flag Lake Ditch – estimated 2,000 GPM
o Electric submersible well – estimated 800 GPM
o Electric submersible relift serving five ponds – estimated 800 GPM
o Diesel irrigation power unit – estimated 2,000 GPM when operational (currently inoperable)
o Nine risers connected to underground irrigation piping
• Membership in the Flag Lake Water Association
• Favorable historical groundwater availability
• Stuttgart, Tichnor, Immanuel, and DeWitt silt loam soils
• Established agricultural tenant with 21 years of operating history
• 80/20 crop-share rental arrangement
• Former commercial fish ponds, with much of the pond acreage now utilized for row crops
• Excellent duck and goose hunting opportunities
• Established history of daily waterfowl hunting leases
• Two large sheds providing additional rental income
LOCATION The Fuhrman Farm is located immediately outside the city limits of Gillett in southern Arkansas County, Arkansas. Situated in the heart of the Grand Prairie, the property is surrounded by some of Arkansas's most recognized agricultural and waterfowl hunting country.
INCOME The farm is currently leased to a tenant farmer under an 80/20 crop-share arrangement, with the landowner receiving a 20% share of the crop. The same tenant has farmed the property for the past 21 years. Two large sheds are currently leased on a month-to-month basis for a combined rental amount of $300 per month, generating $3,600 in annual gross rental income. The property's duck and goose hunting opportunities have also been leased on a daily basis for several years. This arrangement could continue to provide supplemental revenue, or a purchaser could retain the hunting rights for personal recreational use.
TAXES According to Arkansas County records, the estimated annual property taxes are $3,376.83.
PRICE The Fuhrman Farm is offered at $6,650 per acre, representing a total asking price of $2,593,234, based on approximately 389.96 acres.
The total acreage is based on county tax records. No current survey is available, and actual acreage is subject to verification.
LISTING/SHOWING INFORMATION To schedule a showing or for additional information, contact Jeremiah Moore, Principal Broker, at 870-674-4373
Disclosure: All information contained herein is believed to be accurate but is not guaranteed by Moore Land & Farm. This property is exclusively listed by Moore Land & Farm. All measurements, acreage, maps, boundary lines, property characteristics, crop yields, irrigation capacities, water availability, rental income, taxes, utilities, mineral interests, and other information have been obtained from sources deemed reliable, including public records and information provided by the Seller. However, neither the Seller nor Moore Land & Farm makes any warranties or representations, expressed or implied, as to the accuracy of the information. No current survey is available. Buyers are responsible for conducting their own independent due diligence and verification of all information prior to purchase.
