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LaBelle Civic Center
481 W State Rd 80, LaBelle FL 33935
Join MWA & CAI representatives on Tract 6 to tour the farm & learn more about our unique auction process.
AUG 12, AUG 25, SEPT 10 from 10AM-Noon
2424 Thorp Rd, Immokalee, FL 34142
This Immokalee property is a turnkey farming operation with a high percentage of plantable acres and an easy-to-access road network. It has an excellent irrigation and drainage system consisting of well-maintained canals and ditches, 19 permitted wells with four irrigation pumps, and six throw-out pumps in place. The farm has excellent soils and is suitable for a wide variety of row crop fruits and vegetables as well as citrus.
Tracts 1-4 on the eastern, Hendry County side of the property provide a dense parcel of row cropland that is approximately 90% plantable with drainage canals bordering every perimeter. Tract 2 features a young grove planted with Vernia oranges. Tract 3 includes a radio tower that produces $1,490 monthly income with a 4% annual escalator through January 2034.
Tracts 5-7 on the western Collier County side of the property are approximately 70% plantable and include a 7.5± acre storage yard with a well-maintained equipment shed and office on Tract 6. Tract 5 features a mature citrus grove with resets that have been planted at the base of the majority of the citrus trees.
The property is located along the Collier-Hendry County Line on Thorp Road, approximately 10 miles from Immokalee. Drive 8.5 miles east of Immokalee on Country Road 846 and turn left onto Thorp Road. The property will be on the east and west side of the road in 1.5 miles.
Tracts 1-7: $10,200,000
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"For farmers, bankruptcy isn’t always the end – sometimes it’s a new beginning." https://bit.ly/2HRJuA1
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Prices for high quality IL land are generally holding firm, even rising in some areas of the state, while farm income has been going down. The pinch on operating income has not had a drastic effect on the value of high quality farmland.
Why is this?
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LISTING: 329.95 ACRES
Worth County, IA : $2,994,900
3 Properties available in Kensett Township, Worth County, IA. The cash rent lease is $270 per tillable acre for 2018 for all 3 properties.
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MWA is seeking to acquire high quality permanent crop properties in California, Oregon, Washington and other areas of the United States.
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Murray Wise Associates LLC
1605 South State Street, Suite 110
Champaign, IL 61820
800.607.6888 (Toll free)
Real Estate and Farm Management
Murray Wise Capital
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