The 5,712 hectares Larrimah Agricultural Precinct area is located approximately 180 kms south of Katherine, just south of the Larrimah township and divided by the Stuart Highway.

In 2019 the Department of Environment, Parks and Water Security completed a Soil and Land Suitability Assessment for Irrigated Agriculture, which confirmed areas of land suitable for irrigated crops. The NT Land Corporation is currently calling for Expressions of Interest to develop the Larrimah Agricultural Precinct.