1111 Hwy. 318, Marvell, AR 72366 (MLS # 10114903)
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Peoples Company is pleased to bring 1776 acres m/l of irrigated farmland to the market located in Phillips County, AR. The farm is estimated to be 1683 acres in production with 88% or 1480 acres being irrigated. There are 10 pivots irrigating and the balance of the irrigated acres has been land formed for row irrigation. There are 3 groups of farm tracts that are located south of Marvell, AR approximately 7.5 miles. All tracts are located on or near paved roads near the Walnut Corner and Gobel communities and are easily accessible by county road frontage. DIRECTIONS: Farm NW is located 1 1/2 miles west of Walnut Corner on Hwy 318 along Hwy 316. Farm NE is located 2 miles East of Gobel along Hwy 316. Farm South is located SE of Farm NW and SW of Farm NE all south of Phillips Rd 374 and Hwy 318. All in Phillips County, AR due south of Marvell, AR 7.5 miles LEGAL DESCRIPTION: Tracts in S-3.34&35 T-02R 01E 423.88 acres +/- Tracts in S-13,14,23&24 T-03S R-01E and S-07,18&19 T-03S R-02E 1611.98 acres +/- Tracts S-27,33&34 T-02S R-02E & S-04 T-03S R-02E 252.23 acres +/- All in Phillips County AR
| DAYS ON MARKET | 364 | LAST UPDATED | 1/30/2025 |
|---|---|---|---|
| TRACT | Metes and Bounds | YEAR BUILT | 0 |
| COUNTY | Phillips | STATUS | Active |
| PROPERTY TYPE(S) | Farms/Ranch |
| Elementary School | Marvell-elaine Sch |
|---|---|
| Jr. High School | Marvell-Elaine |
| High School | Marvell-elaine |
| PRICE HISTORY | |
| Prior to Jan 30, '25 | $15,250,000 |
|---|---|
| Jan 30, '25 - Today | $12,575,000 |
| ADDITIONAL DETAILS | |
| LOT | 1776 acre(s) |
|---|---|
| LOT DESCRIPTION | Level, Sloped, Wooded |
| SUBDIVISION | Metes and Bounds |
| WATER | Well, Private |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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