The Thomas Lewis Tract is 390 acres of timberland, cropland, and CRP. This property is a prime deer and turkey hunting tract with agricultural food plots and rolling mixed timber. The last 2 years the owner has taken 4 and 5 turkeys respectively. The property has excellent access from Old Panola Rd and Pegram Rd and is only 5 minutes from interstate 55. The property has 128.8 acres designated as crop land, with 55 of the crop acres planted in peanuts, and the balance of the crop land is growing in trees but could be put back into production or food plots. There are 17.5 acres of CRP under contract for $50 per acre through 9/30/2019.
The property is located at the intersection of Pegram Rd and Old Panola Rd, 3 miles northwest of Sardis, MS and 5 miles southwest of Como, MS.
Currently the land in peanuts rents for $3,500 a year
Rutledge Investment Company offers competitive financing to qualified borrowers.
By appointment only. For appointment please contact:
Gwin Smith, Stephen Rainer, and Shelby Smith
5160 Sanderlin Avenue, Suite One
Memphis, TN 38117