Real Estate

Rutledge Investment Company offers the following services:

– Assists with acquisition and financing of large farm tracts
– Planning and conducting sealed bid auctions
– Assists landowners with WRP and CRP projects
– Consulting clients on 1031 exchanges
– Consulting with landowners on many types of real estate projects

Brokerage

Rutledge Investment Company (RIC) and its brokerage division, Rainer Realty Company, has handled over $200 million in farm sales in Arkansas, Mississippi, Missouri, Louisiana and Tennessee over the past 4 years. Including $14 million in 2016, $19.3 million in 2015, $70 million in 2014, $25 million in 2013, $21 million in 2012 and $55 million in 2011. We are licensed in these five states. Our brokerage business has grown significantly in the past several years as clients have sought our expertise and variety of services to assist them in making farm acquisitions and sales.  Gwin, Stephen and Shelby are all licensed agents with years of experience and training.

Bowdre Place – Sold $ 60,000,000

Bowdre Place – Sold

$ 60,000,000

Description The Bowdre Place property, which has been in the C.P. Owen family for several generations, consists of 8,059.2 acres of farm and development land in the north Mississippi Delta near Tunica and Robinsonville, MS. This is a premier Mississippi Delta investment grade property with an outstanding past and very promising future. It not only consists of some of the highest quality productive farmland in the south, but due to its prime location, it has a solid history of commercial and industrial development. Over the past 20 years, portions of Bowdre Place have been sold and developed for an array of projects. Projects include hotels, convenience stores,…

8000 acres

Reed Farm – Sold $ 12,948,600

Reed Farm – Sold

$ 12,948,600

Description The Reed Farm is a very high quality and versatile Mississippi Delta farm situated in the center of the Delta in an excellent farming community. It has all been precision leveled and is irrigated by numerous irrigation wells and a system of underground pipes and risers strategically placed throughout the farm. It is situated in multiple tracts all within a 7.50 mile radius. Location: The farm is situated in twelve separate, but geographically close tracts south of the Cleveland, MS and lying between Boyle, MS and the northern tip of Washington County. It is approximately an hour and one half north of Jackson, MS, the state…

2760 acres

Description: Stonewall Plantation is a highly productive investment grade Mississippi Delta farm. It is very well located just northwest of Thornton, MS along the north bank of Bee Lake. The farm has excellent access along Bee Lake Road, a public asphalt road, bisecting the length of the property. Additionally, Quafaloma Road splits the northern portion of the farm. Roughly, 73% of the farmed acreage is irrigated with 49% being watered down the row and 24% pivot irrigated.  27% is non-irrigated, but at least 150 acres could be efficiently irrigated with land leveling and additional irrigation wells.   Most of the balance of the non-irrigated acres are small fields…

2674 acres

Hunt Farm – Sold $ 8,215,000

Hunt Farm – Sold

$ 8,215,000

Description: The Hunt Farm contains 1,790.0 acres and is a very high quality Cross County, Arkansas rice and grain farm situated in an excellent farming community about 4 miles northwest of Wynne, Arkansas. Location: The property is located approximately 4 miles northwest of Wynne, AR on both sides of Highway 64. County Road 242 forms a portion of the west boundary and County Road 245 forms the east boundary of the tract on the north side of Highway 64. This is an excellent farming area with numerous quality farmers, equipment dealers, chemical suppliers, and grain elevators easily within a ten minute drive of the farm. Acreage: There…

1790 acres

Description: Day Wildlife Recreation Area (DWRA) is a 3,959 mixed timber tract. DWRA is made up of approximately 1,932 acres of pine plantation, 1,020 acres hardwood/pine mixed timber, 493 acres of hardwood timber, 496 acres of Gravel pits/Reclaim areas, and 59 acres of roads and a gas line. The property is an outstanding deer and turkey hunting tract; additionally, the diversely managed wildlife habitats produce a variety of wildlife species including bobwhite quail, dove, rabbits, squirrels, and waterfowl. Since 1983 the property has been intensely managed for deer hunting using Quality Deer Management Association (QDMA) guidelines, which extensive wildlife surveys has shown to have strengthened the deer…

3959 acres

Poland Farm $ 5,125,950

Poland Farm

$ 5,125,950

Description: The Poland Farm is a high-quality rice and soybean farm located in north Louisiana along the Arkansas/Louisiana state line. It is situated in a very desirable farming area with good underground irrigation water and excellent farmers.   There are several nearby rice and grain elevators, chemical and fertilizer outlets, and equipment/parts dealers.  The farm and surrounding area are also well known for highly productive waterfowl and deer hunting. Location: The property is situated in north Morehouse Parish, LA and is six miles northeast of Jones, LA and US Highway 165. Wilmot, AR is 4 miles northwest.    The north boundary is the Arkansas State line and the south…

1229 acres

Finn Farm – Sold $ 4,946,000

Finn Farm – Sold

$ 4,946,000

Description: The Finn Farm is a Mississippi Delta grain farm situated in a strong rice farming community. In addition to cropland, the farm is located in a duck flyway and excellent potential for hunting duck, deer, dove, and other game. There are 898 irrigated acres and 594 acres were recently precision leveled to grade. Additionally, the owner constructed a 35 acres reservoir and completed a 7 acre tail water recovery canal in conjunction with an NRCS EQUIP project. This reservoir and tail water recovery system along with several wells and re-lift pumps will be used to efficiently irrigate the newly leveled land. There are currently 6 irrigation…

898 acres

Hawkins/Spear Lake $ 4,050,000

Hawkins/Spear Lake

$ 4,050,000

Description: The Hawkins/Spear Lake Farm is a 566 acre precision leveled rice, corn and soybean farm in Mississippi and Poinsett Counties Arkansas. The Waskom/Marked Tree Farm is a 282.2 acre precision leveled rice, corn, and soybean farm in Poinsett County, Arkansas. Location: The Hawkins/Spear Lake farm is located in a great farming comunity in Northeast Arkansas 3.8 miles southeast of Lepanto and 6.7 miles northeast of Marked Tree. The Waskom/Marked Tree Farm is located 2.7 miles northeast of Marked Tree Acreage: Hawkins/Spear Lake – 566.15 acres, 470.92 cultivated Waskom /Marked Tree – 282.2 acres, 262.9 cultivated Soils: Primarily Sharkey Steele Complex and Sharkey Clay Class III Soils…

848 acres

Description: The Eggleston Sunflower Farm is an 816.5 acre cotton, corn, rice, and soybean farm. The farm has 779.41 acres in cultivation which consists of 189.45 acres precision leveled, 270.4 acres can be furrow or flood irrigated but have not been precision leveled, 190 acres are irrigated by a 10 tower center-pivot, and the remaining 129.56 acres are non-irrigated. Water on the farm is provided by 6 irrigation wells and is delivered by a series of pipes, risers, and the center pivot. Soils on the farm consist primarily of Class III Alligator clay and silty clay, Class III Forestdale silt loam, and Class III Dowling clay. Location:…

817 acres

Andrews Farm – Sold $ 3,125,000

Andrews Farm – Sold

$ 3,125,000

Description: The Andrews farm is a 668 acre (640.9 in cultivation) rice, corn, soybeans, and wheat farm located 2 miles northwest of Shaw Mississippi. 475 acres of the farm has been precision leveled and the balance is land formed and capable of watering down the row. It is a mixed soils farm with a history of raising corn, cotton, rice, and soybeans. Location: The Andrews farm is located in Bolivar County Mississippi, 2 miles northwest of Shaw. It has an excellent road frontage on Gebert and Litton roads. Lease: Owner will lease the farm. Improvements: 7 Irrigation Wells Insulated 60 x 40 shop with concrete floors. Price:…

641 acres

Dawson Tract $ 2,185,000

Dawson Tract

$ 2,185,000

Description: The Dawson tract is a 950 acre duck and deer hunting tract less than an hour from Memphis.  The Dawson tract has 26 duck hunting impoundments that can be flooded for ducks as well as 9 upland food plots for deer, dove, or quail plots. The property is in a proven flyway surrounded by many property owners that are developing land to creat duck and deer habitat.  Less than 2 miles from the property is the Wapponoca Round Pond Refuge, which is a duck santuary that is left undisturbed holding thousands of ducks.  The property is less than a mile from the St. Francis River which…

950 acres

Cypress Lake – Sold $ 2,152,000

Cypress Lake – Sold

$ 2,152,000

Description: Cypress Lake is a cotton and grain farm located in a strong farming community. A significant portion of the cropland is irrigated by three center pivot irrigation systems and is well suited to cotton production. Two of the pivots are situated on the property and one is on adjacent property. All three pivots are owned by the farming tenant. Location: The property is located in Tunica County, Mississippi between Tunica and Clarksdale. The farm is situated 0.60 miles west of U.S. Highway 61 at the community of Dundee. It is within an easy one hour drive of Memphis. Access is by county asphalt roads that bound…

538 acres

Vaughan River Farms $ 2,100,000

Vaughan River Farms

$ 2,100,000

Description: This farm is 675 acres in two tract on the Little Tallahatchie River.  518 acres are in cultivation with 120 acres irrigated by a center pivot. Location: This farm is located in an excellent agricultural area of North Mississippi, near Batesville. Acreage: 675 total acres 518 tillable acres 120 irrigated acers Improvement: Center Pivot Shop Equipment Shed Lease: Seller wants to lease back Financing: Rutledge Investment offers competitive financing to qualified borrowers. Showing: By appointment only. For appointment please contact: Gwin Smith, Stephen Rainer, and Shelby Smith 5160 Sanderlin Avenue, Suite One Memphis, TN 38117 (901) 766-9041 Email: gwin@rutledgeinvestment.com stephen@rutledgeinvestment.com shelby@rutledgeinvestment.com

675 acres

Murphy Farms $ 1,827,400

Murphy Farms

$ 1,827,400

Description:  The Bluegoose farm is 270 tax acres, of which 133.78 are cultivated acres.  The property is split by the Arkabutla Drainage Ditch.  The property has a beautiful pasture that is approximately 16 acres that could also make a fantastic home site.  The farmland soils are primarily made up of Class III Wakeland Silt Loam and Class II Collins and Falaya Silt Loam.  The soils would be considered good for cotton, corn, peanuts, and soybeans. This year the portion north of the ditch is in corn, and south is in Soybeans.  The farmland is leased for 2018 for a 25% crop share.  The mix of hardwoods, pine,…

920 acres

Hausner Farm – Sold $ 1,657,000

Hausner Farm – Sold

$ 1,657,000

Description: The Hausner farm is a highly productive investment grade Mississippi Delta cotton and corn farm. It is very well located southeast of Sumner, MS. Access is by Abbey Road which is a well maintained county gravel road. The farm has been precision leveled to grade and is irrigated by 3 wells. There are two diesel wells and one single phase electric submersible well. Approximately 50 acres are dryland and the rest is irrigated. The soils consist of 60% Class I and II Dubbs, Dundee and Tutwiler very fine sandy loams and sandy loams. The balance is in Class III Alligator, Forestdale and Dundee silty clays and…

319 acres

Description: The Eggleston Tunica Farm is a 447.1 acres corn, cotton, and soybean farm in Tunica and Coahoma Counties, MS. There are 387 tillable acres which are non-irrigated. The soils consist of Class II Dundee silt loam (37%), Class III Tensas-Sharkey complex, Class I Dubbs silt loam (13%), Class III Tensas silty clay loam (11%), and Class III Sharkey clay (11%) The topography of the farm is generally level, and appears could easily be precision leveled. Location: The Eggleston Tunica Farm is one contiguous 447.1 acre tract of farmland. The property is located 1 mile northeast of Lula, along the Coahoma-Tunica County line. The property is bisected…

447 acres

Description: The Swindoll Farm is a North Mississippi Delta rice and grain farm situated in a strong farming community. There are 359 irrigated acres and 308.7 acres have been land formed. The farm is improved with 3 irrigation wells and a system of underground pipe and risers. In addition to cropland, the farm is located in a duck flyway and has good potential for hunting duck hunting. Location: The farm is located east of the community of Robinsonville and south of US Interstate 69 at Banks, MS. It is approximately 11 miles northeast of Tunica and 12 miles west of Hernando. Memphis, Tennessee is 20 minutes north….

359 acres

Cypress Ridge Place $ 1,386,000

Cypress Ridge Place

$ 1,386,000

Description Cypress Ridge Place is 333.5 total acres 308 tillable.  The property has two wells and is irrigated by a towable pivot; however, the pivot is owned by the current tenant.  The soils are primarily made up of Class III Forestdale silt loam and silt clay loam, as well as Dundee very fine sandy loam and Dundee silt loam.  The remaining soils are Alligator clays and Dowling clay. The farm is situated in an excellent farming community with a quality tenant base Location The farm is located at the community of Caile, MS, 10 miles south of Indianola and 10 miles northwest of Belzoni.  Access to the…

334 acres

Description: Eaton Deadening Plantation is a quality cotton and grain farm situated in an excellent farming community.  The farm is partially irrigated by two wells.  It consists of 283.26 total acres of which 238.5 are cultivated, 80% of which are irrigated by 2 irrigation wells. Location: The property is located approximately 7 miles  east of Inverness and 3 miles west of Swiftown, MS.It is adjacent to the Sky Lake Wildlife Management Area (WMA).  It is knows for its excellent duck and deer hunting. Topography: The topography ranges mostly level. All but 2 fields are row watered. Some land leveling has been done over the years, but no…

283 acres

Obie Hole – Sold $ 995,000

Obie Hole – Sold

$ 995,000

Description: Obie is 300 acres of prime deer and duck hunting land. Obie offers duck hunting in flooded 18 year old CRP and 3 beautiful cypress and tupelo brakes. Location along the Coldwater river is an excellent flyway for ducks. The CRP and woods provide for excellent deer habitat with trophy bucks taken annually. The property has 242 acres of CRP that provied income of $17,150 per year. Owner Agent Property. Location: 5 miles West of Darling, MS; ½ mile Southeast of the intersection of Hwy 315 & Darling-Birdie Rd Showing: By appointment only. For appointment please contact: Gwin Smith or Stephen Rainer 5160 Sanderlin Avenue, Suite…

300 acres

Description: This farm is 225 acres in one tract on the Little Tallahatchie River.  164 acres are in cultivation with 135 acres irrigated by two center  pivots. Location: This farm is located in an excellent agricultural area of North Mississippi,  near Batesville. Acreage: 225+/- total acres 164.20 +/- tillable acres 135+/- irrigated acers Improvement: Two Center Pivot Lease: Seller wants to lease back Financing: Rutledge Investment offers competitive financing to qualified borrowers. Showing: By appointment only. For appointment please contact: Gwin Smith, Stephen Rainer, and Shelby Smith 5160 Sanderlin Avenue, Suite One Memphis, TN 38117 (901) 766-9041 Email: gwin@rutledgeinvestment.com stephen@rutledgeinvestment.com shelby@rutledgeinvestment.com

225 acres

Mitchell Farm $ 600,000

Mitchell Farm

$ 600,000

Description: The Mitchell Trust Farm 133 acres of total land and 117.55 acres of cropland.  The farm is bisected by several drainage ditches and has ¼-mile of road frontage on Bethuel road and ¾-mile frontage on College Center Road.   There is an easement for an electric transmission line along the Center College frontage which will be installed in the near future.    The cropland leases have been leased for many years to the Sneed Brothers on a 25% net crop share basis.   The current lease expires on 12/31/18 Location: The property is located at the corner of the Bethuel Road and Center College Road in northern Shelby County…

133 acres

Description: The Beatline Farm is a 160 acre total, 153 cultivated acre, non-irrigated farm.  It’s located in an excellent farming community near Tunica, Mississippi.  The farm is well known in the area for being an excellent duck hole.  2017-2018 duck season the property had a lot of ducks and geese, however, the owners did not have a blind or pit so they were difficult to hunt.  The owners have had a topographical survey done for potential land leveling and it would require roughly 500 yards per acre.  Cut sheets are available upon request.  This farm would is an excellent farm to develop for good rental income and duck…

160 acres