KAHAKAI BLVD

Property Detail

Type Status Location Sub Location Price $115,000.00 Area (m)435600Abbrev AddressKAHAKAI BLVDDistressed PropertyStandard SaleExpires2021-06-01Land Area435600Land TenureLeaseholdLatitude19.50933459Lava Zone2Listing Date2018-12-13Listing ID624022Listing Office ID1625Listor NameEd TorrisonLongitude-154.94868777Office NameHilo Bay Realty LLCOn Line DisplayKeonepoko Iki Farm LotsPoolNPowerOther (remarks)RoadsCounty,PavedSewerCesspoolSolid Waste DisposalNoneStreetKAHAKAI BLVDSubdivisionKEONEPOKO IKI FARM LOT SUBDIVISIONTaxes1181.00taxkey9315116004Terms AcceptCashTopographyFairly LevelWaterMunicipalYear Built Max1979Year Built Min1979Zip Code96778ZoningA-5A

Property Description

A well kept, long time producing Anthurium cut flower enterprise on 10 acres of State lease land. Approx. 112K plants on 4.5 acres under saran shade, and a 2,460 sf warehouse. Elec. was previously hooked up, but now not. Per seller, approx. $1000 is needed to upgrade the system so HELCO could hook up again. Sale includes field stock (proprietary anthurium cultivar, “Mama Lily” – approx. 550 plants, are not included with sale), farm tools, knapsack sprayers, flower harvesting equip, chemicals and fertilizer. Also included is a de-licensed farm van. Farm tractors can be purchased separately from the sale of the property. Seller can provide short term training and contacts for buyers. Current lease is $1,750/yr, is up on 1/30/30. Seller will work with the State to extend the lease for the buyer. To assume the lease, buyer must qualify with the Hawaii State Dept. Ag. Be a min. 3 year Hawaii resident and at least 2 years of Ag experience or a BS in Ag. The website for guidelines regarding state leasehold property: https://hdoa.hawaii.gov/arm/agricultural-parks/ag-park-faqs/general-lease-conditions/ From Hwy. 130 in Pahoa, turn down Kahakai Blvd, property is on the left, approx. .5 miles. Showings by appointment only.

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