985 KULANA ST, PAPAIKOU, HI 96781

Ground Lease with Inventory - A Producing Commercial Orchard.

Listing Provided by: Hawaii Pacific Brokers, LLC
MLS #: 718162
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Description

This is a leasehold property. A producing, tropical fruit commercial orchard on 33 acres of prime farmland. Located just North of Hilo town along Hawai'i island's Hamakua Coast, this Kamehameha School ground lease offers a unique opportunity to acquire a well managed, productive asset.Actively farmed and cultivated over the last 7 years to include over 1,000 Longan trees, 227 Lychee trees, plus 28 Mangosteen trees that were more recently planted. A property report with details including full tree Inventory has been uploaded and is attached to this listing.Additional Orchard Improvements include:• Paved road from highway to orchard.• Water availability at farm lot standpipe.• Partial electric fencing along gulch perimeter to mitigate feral pig intrusion.Note: The 33 acres included in​ this lease are a ​portion of TMK (3) 2-7-002-002. The lease term extends through April 30, 2037, and the transfer of the lease is subject to Kamehameha Schools approval

Property Details

Price: $470,000
Sold Price:
Address: 985 KULANA ST, PAPAIKOU, HI 96781
Ownership: Full
Status: Active
Category: Land
Type:

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Living Area: Square Feet

Listed by: Hawaii Pacific Brokers, LLC
Year Built:
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Features and Amenities

Interior Features:
Exterior Features:
View: HIS Sunrise, Mountain(s), Ocean, Ocean Horizon
Pool:
Pool Features:

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Community Information

Project Name:
Subdivision Name: ONOMEA SUGAR COMPANY
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 8
Flood Zone: X

Land Information

Lot Size: 1,441,836 Square Feet
Waterfront:
Land Lease Rent: $500
Lease Type:
Land Tenure: Leasehold
Lot Features: Farm, Grassy
Frontage: a:0:{}
Frontage Type:
Roads: County, Paved
Roads Frontage Type:
Zoning: A-20A
Horse Amenities:

Additional Details

Assessed Tax Value: $0
Annual Tax: $1,662
Tax Year: 2024
Tax Lot:
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Utilities: Other
Cooling:
Heating:
Sewer: None
Water: Other, Private
Solid Waste Disposal: None

First Listed March 27, 2025, 9:48 am
Last Updated March 27, 2025, 9:48 am
Listing Conditions: Leasehold, Standard
Property Condition:
Financial Info Available:

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