370 ACRES PANOLA COUNTY MS FARMLAND
Contact Agent:Bill Gates 901-488-0368
On Taylor Road, South of HWY 35, approximately 10 miles south of Batesville
WHEAT BASE: 17.37 acres @ 48 bushel PLC yield
CORN BASE: 8.63 acres @ 115 bushel PLC yield
SOYBEAN BASE: 17.37 acres at 33 bushel PLC yield
COTTON BASE: 197.30 acres @ 21279 lbs. PLC yield; Generic Base 49.33 acres
FARM LEASE: 4 years at $73,800.00 per year based upon $4,000.00 per acre.
RETURN: $73,800.00 Annual Rent generates 4.99 percent gross return!!!
$1,480,000.00 based upon $4000.00 per acre.
SUBJECT TO SELLER’s 1031 TAX EXCHANGE
HIGH YIELDS -HIGH RENT-HIGH RETURN ON INVESTMENT!!!
Waverly, Falaya, Grenada, Collins and Calloway silt loam soils in demand by farmers, and Highly productive when planted to cotton, corn, wheat and sweet potatoes. Presently used for high yielding sweet potatoe production
370 ACRES PANOLA COUNTY MS FARMLAND – Location Map
370 ACRES PANOLA COUNTY MS FARMLAND – Aerial Photo
370 ACRES PANOLA COUNTY MS FARMLAND – Ownership Photo
370 ACRES PANOLA COUNTY MS FARMLAND – Highway Map