• List Price: $25,000,000
  • City: Marksville
  • County: Avoyelles
  • Acres: 6000

Listing Details

Corbett Farms, Avoyelles Parish, La.

Located approx. 12 miles northeast from Marksville, with 7.5+/- miles of river frontage on the Red River, this income producing farm and hunting property is among the best of the best that Avoyelles Parish has to offer.  The property has approx. 9 miles of interior limestone roads with electricity running through the property nearly right up to the river, and is all on the Avoyelles Parish side of the main channel of the river.  All of the property is assessed in Avoyelles Parish except for 360+/- acres assessed in Catahoula Parish.  The current, 3 year farm lease calls for 2571.23 tillable acres at $140.00 an acre cash rent payable March 15.  The seller has just received the first years rent check of $359,972.23 with two more identical payments on the same date in 2022 and 2023 with the lease ending at harvest of 2023.   Approx. 50 of the tillable acres are set up where the seller can plant rice and flood it for duck hunting after the farmer harvests his crop.  25.04 acres of CRP brings in a yearly income of  $3148 and expires in September 2030.  The remainder of the property consists of 889.1 acres of WRP according to information and maps provided by NRCS, approx. 2365 acres of unencumbered hardwood timberland, and 150+/- acres of water in shallow lakes and bayous such as Jimmy Lake, Nichols Lake, Palmetto Bayou, and a portion of Lac Poisson Arme.  Besides the fishing, frogging, duck hunting, and alligator hunting opportunities that these bodies of water offer, there is a concrete boat ramp on the bank of the Red River allowing access to the main channel of the river and there is an almost two mile long oxbow lake on the property as well.                                                                                                                    
Of the hardwood timber acreage, the largest contiguous block of merchantable, larger, hardwood timber is about 420+/- acres and has a 30 +/- acre green tree reservoir set up in it that can be flooded with an irrigation well set up on site in the woods.  It and the other duck hunting spot in the field share a trailer mounted power unit used to run the wells.  The remaining contiguous hardwood acreage was cut approx. 15+ years ago and has grown up quite thickly.  The sellers current hunting operation brings in around $100,000 a year between trophy deer hunting memberships and alligator hunts which he puts on in September of each year.  If the new owner doesn't want to keep all of the hunting for himself, there is a huge potential to expand the current deer hunting operation to where it could generate between $200,000 and $300,000 per year in addition to the farm income.  It is currently run as a bow hunting only operation with about 8 members at $10,000 per membership.  The property could easily hold 25 members and possibly as many as 30 if it continues as a bow only club.  There are numerous developed food plots with gun hunting box stands, and  many more bow stands throughout the property on both the WRP acreage and unencumbered acreage.  The current deer hunting rules call for each member to be allowed one trophy buck of 150” or better and two cull bucks and unlimited does.  The seller has intensively managed the deer hunting for well over 25 years and Corbett Farms has a superior reputation for producing big bucks.  The two adjacent private landowners also manage for mature deer and the largest neighboring public property, Lake Ophelia NWR also has a reputation for producing big mature deer

Overlooking Palmetto Bayou, the spacious 2400+ sqft lodge has 4BR and 2.5BA upstairs and a large bunkhouse downstairs.   A covered parking area for side by sides and four wheelers is right across from the camp and a larger 78' x 100' metal shed with two sides big enough for larger tractors and equipment is about 350 yards from the camp and has a smaller storage building adjacent to it also.  A cell tower located on the property near the entrance gate brings in $900 a month with built in multipliers over the life of the 30 year lease according to the seller.

The seller has worked on putting this place together for close to 30 years now and may be interested in discussing with the new owner, the possibility of retaining a membership or some hunting rights.  Asking price is $25,000,000.00.  FSA, CRP, and WRP information is available upon request.  For more information or to schedule a showing call Carl Foreman at 318-481-0092 or Troy Thompson at 318-447-7676 or 318-876-2622.

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