Mitchell Farm
    $ 600,000

    • Post Updated: 2021-08-13 09:51:29
    • Acreage: 133 acres
    • Status:
    • Type:
    • Rent period:

    Description

    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 east of the Naval Support Center.  It is short 20-minute drive from Memphis and is very well located.  Location and access are excellent.

    Price:
    $600,000 or $4,511 per acre.

    Taxes:
    $2,050.26

    Bases:
    Generic 129.8 acres
    Corn 2.05 acres
    Soybeans 6.15 acres

    Showing:
    By appointment only.  For appointment please contact.
    Gwin, Stephen or Shelby
    Rainer Realty Company and Rutledge Investment Company
    5160 Sanderlin Avenue Suite One
    Memphis, Tennessee 38117
    901-766-9041

    View on map / Neighborhood

    This style property is located in is currently and has been listed on Rutledge Investment Company. This property is listed at $ 600,000. It has bedrooms, 0 bathrooms, and is 133 acres. The property was built in year.