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Off Macadamia Road, Keaau, HI 96749

$2,250,000
Land MLS# 287333 ID: 35165246
$2,250,000 Get Rates

Agricultural Investment Opportunity!
Agricultural investment opportunity with mature Macadamia Nut and exotic tropical fruit orchards on 121 fee simple acres. Ideal, low elevation location only two lots from the ocean is perfect for growing Macadamia Nut and rare tropical fruit crops. Close proximity of orchard to processing and shipping vendors create efficiencies in operations. Expect high crop yields at this site. Located in the Keaau area, only minutes to downtown Hilo on the Big Island of Hawaii. The 121 acre property consists of the following (all numbers are approximate only): A) 67 acre mature Macadamia Nut orchard with 4,700 trees. B) 9 acre Lychee orchard with 358 trees. C) 8 acre Longan (90 trees) and Mangosteen (208 trees) orchard. D) Five acres of access roads. E) 32 acres of undeveloped land that could be used to build homes on. The Macadamia Nut orchard average annual production over the last 10 years has been about 250,000 pounds, but is expected to go up as replacement trees come into production. Lychee, Mangosteen, and Longan are rare, tropical fruits that are in high demand. Fruit is packed and shipped to local and mainland markets. All tropical fruit and Macadamia Nut orchards are currently income producing. Longan fruit has the potential to cycle production year round by controlling flowering, a huge advantage in marketing the fruit. Export demand is huge and forecasts point to a strong market future. All farm production management and sales contracts are in place, requiring minimal site oversight by the new owner. Buyer to assume the nut purchase and farming contract on the macadamia portion of the orchard. Bee hives on site are there to maximize pollination and fruit/nut production, and belong to a third party vendor. Current Agriculture zoning (AG-20A) allows minimum lot size of 20 acres. Keaau is the central town of the Puna District, the fastest growing area in the State of Hawaii. A great place to build your Hawaii private estate.

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Property Features for Off Macadamia Road
Status
Market Status
Available
Last Updated
September 21, 2016
Description
Property Type
Land
Architecture
Lots/Acreage
Approx. Lot Size
121.05 Acres

Legal/Financial

  • Taxes: 1406

Listing Features

  • Property Type: Lots And Land; Land

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Kelly H. Moran, CCIM, CIPS, REALTOR, Hilo Real Estate


  • Phone: View Phone Number (808) 969-9400
  • Cell: View Phone Number (808) 938-5757
  • Website: Visit Agent Website

Hilo Brokers, Ltd, Hilo HI


  • Phone: View Phone Number (808) 969-9400
  • Cell: View Phone Number (808) 938-5757
  • Website: Visit Office Website

Data Provided by:
Hawaii Information Service


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More information about this $2,250,000 Land at Off Macadamia Road

This $2,250,000 Land at Off Macadamia Road in Keaau, HI is listed by Kelly H. Moran, CCIM, CIPS, REALTOR. This $2,250,000 Land, located in the 96749 zip code, has the following property features: Property Type, Taxes. This Off Macadamia Road Land, located in Hawaii County , is listed under MLS listing number 287333 and has a listing price of $2,250,000. You can find more of Kelly H. Moran, CCIM, CIPS, REALTOR's listings by browsing Kelly H. Moran, CCIM, CIPS, REALTOR homes for sale at HomesAndLand.com, or even more KEAAU homes for sale here.