Excellent Investment Opportunity
Very clean, well maintained farm with good soils and water supply. Greenwood Family Farm is on the outskirts of Greenwood, Florida; just a short distance to Marianna and in what is referred to in the agricultural community as the “I-10 Corridor”. 475 acres is under 3 center pivots, the balance of the land is tillable. All pivots are retrofitted with low-pressure nozzles, one pivot is GPS equipped. Water is provided by two 12″ wells and one 10″ well, powered by upgraded electric motors.
South Center Pivot ~ Covers 202.6+/- Acres. 1996 Valley, 9 towers. 12″ Well, 100 HP Electric Motor, 1200 GPM Pump.
Northeast Pivot ~ Covers 187.3 +/- Acres. 1996 Valley, 8 towers. 12″ Well, 100 HP Electric Motor, 1200 GPM Pump.
Northwest Pivot ~ Covers 85.3 +/- Acres 1997 Zimmatic. 10″ Well, 100 HP Electric Motor, 1200 GPM Pump. 2012 ~ 2013 Farm converted from diesel to electric motors, rotary phase converter was installed, the underground wire ran and electric motors installed. Paved road frontage on east and west boundaries.
Current rent $142,500.00 per year.