1,478 Acre Row Crop Farm in Madison Parish La

Description

1,478 Acre Row Crop Farm in Madison Parish LA

Investment Opportunity: Prime 1,478.25-Acre Row Crop Farm in Madison Parish, LA

Property Overview:

Location: Quebec Road, Madison Parish, Louisiana
Size: 1,478.25 acres
Listing Price: $11,500,000
Land Use: 96.4% tillable cropland (approximately 1,425 acres)
Irrigation Systems:

Center Pivot Irrigation: 570 acres irrigated by 3 Valley 8000 center pivots powered by John Deere units.
Row Fall Irrigation: 685 acres irrigated through advanced row fall systems.
Water Infrastructure: 7 turbine wells and 16 risers ensuring consistent and efficient water supply.

Soil Composition:

Primary Soil Types:

Class III Sharkey Clay: Renowned for excellent drainage and high fertility, ideal for row crops.
Class II Soils: Covering 7% of cropland, enhancing soil versatility.

Precision Grading: 351 acres precision graded with additional land formed for optimal irrigation efficiency.

Irrigation Information:

Center Pivots:

Models: Valley 8000
Lengths: 1,450′, 1,450′, and 1,780′ with end guns for maximum coverage.
Condition: Excellent, with well-maintained John Deere power units.

Row Fall Systems: Efficiently irrigate 685 acres, supporting diverse crop rotations.

County Farm Service Administration (FSA) Yield Information:

Corn:

Yield: 160 bushels per acre
Market Price (2024): $4.88 per bushel

Soybeans:

Yield: 52 bushels per acre
Market Price (2024): $11.55 per bushel

Additional Income: Estimated government assistance payments at $15 per acre

Demographics & Market Analysis:

Madison Parish Population: Approximately 12,093 (2010 Census)

Economic Dependence: Heavily reliant on agriculture and agribusiness.
Population Trends: Slight decline, with around 37% living below the poverty line, highlighting the potential for agricultural investment and community development.

Local Economy: Strong support for farming operations with minimal competition in the row crop segment.
Employment: Predominantly agricultural, providing a stable labor pool for farm operations.

Nearest Grain Cooperative:

Location: Approximately 8 miles west of Lake Bruin
Facility: Well-equipped grain handling and storage facilities, ensuring efficient processing and distribution of harvested crops.

Highest and Best Use:

Primary Use: Continued use for high-yield row crop farming.
Potential Uses:

Agricultural Production: Optimal for corn and soybean cultivation.
Livestock Grazing: With extensive pasture lands, suitable for cattle or other livestock.
Future Development: Possibility for agribusiness expansion or value-added agricultural processing facilities.

Canal & Water Management:

Water Sources: One relift from Despair Lake.
Drainage Systems: Effective drainage ditches reducing flood risks and managing excess water efficiently.
Flood Zone: 65% of the property is in a flood hazard area, but current infrastructure ensures minimal impact on farming operations.

Location Information:

Accessibility:

Road Access: Frontage on Quebec Road, a publicly maintained asphalt road, with easy connections to Highway 80 and Interstate 20.
Transportation: Convenient access for transporting crops to nearby markets and cooperatives.

Proximity to Amenities: Close to major amenities in Madison Parish and regional centers, facilitating operational logistics and quality of life for farm personnel.

Overview of Farming Needs & Investment Potential:

Operational Efficiency: Established irrigation systems and precision-graded fields reduce operational costs and increase crop yields.
Market Demand: High demand for row crops like corn and soybeans ensures steady income streams.
Investment Growth: Limited supply of high-quality, irrigated farmland in Madison Parish presents significant appreciation potential.
Sustainability: Robust water management systems and fertile soil support sustainable farming practices, appealing to environmentally conscious investors.
Income Stability: Diversified income through crop production and potential government assistance payments provides financial stability and risk mitigation.

Tax Benefits: Low property taxes at $2.72 per acre, significantly below neighboring states, enhancing overall investment returns.