Burks Branch Farm

Shelby County
Marketing
Not assigned
None assigned

Financial Snapshot

Target List Price

$19,900/acre

Key Notes
  • Current List: $19,900 per acre
  • Revised Strategy Under Discussion: $16,500 per acre
  • Floor Consideration: $15–$16K range depending on terms
  • ~$1M+ water extension limits developer feasibility
  • Mulberry auction effective ~$11,253/acre
  • Partial tract sale may increase per-acre pricing

Stage Tracker

Survey
Plans
Engineering
Permits
Marketing
Under Contract
Closed

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Activity Log

Mar 23, 2026

4x8 signage installed; additional directional signage placed off bypass

Mar 21, 2026

Development group reviewed water extension costs; monitoring material pricing volatility

Mar 19, 2026

Farmer group evaluating offer timing pending family health situation

Mar 17, 2026

Follow up sent to North Shelby Water regarding tract split thresholds

Decisions Needed

Revise Burks Branch pricing strategy