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 & 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 & 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. This is a great place to build your Hawaii private esta
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for sale in Keaau, HI
is currently listed for $2,250,000.
Featuring a lot size of 121.0 Acres,
Off Macadamia Road
has been on coldwellbankerrealestate.com for 469 days.
This listing is provided courtesy of HILO BROKERS LTD.
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Data last updated: Wednesday, December 7, 2016 at 9:10 PM. Properties in listings may have been sold or may no longer be available.