27-2760 Hawaii Belt Rd, South Hilo

$2,249,000

  • MLS® #: 633369
  • 27-2760 Hawaii Belt Rd
  • South Hilo, Hawaii 96783

27-2760 Hawaii Belt Rd, South Hilo

$2,249,000

  • MLS® #: 633369
  • 27-2760 Hawaii Belt Rd
  • South Hilo, Hawaii 96783
0 Beds
0 Baths
653,400 Sqft
15 Acres
0 Garages
  • HOA Fees $0
  • Overview 653400 SQ. Feet, 15.00 Acres
  • Listing Type Business, Commercial, Vacant Land
  • Office: Elite Pacific Properties LLC

Time to 'GROW" your business. Landscapers and Developers take note. The sale is for Inventory and Land. The subject location at 27-2760 Hawaii Belt Road, Pepeepkeo, Hawaii, on the Hamakua Coast, is an extraordinary opportunity with the rich soil and weather patterns in this dynamic part of the Hawaii County. The Big Island is one of the largest agriculture centers in the Hawaiian Islands and offers strong growth potential. The soils are nutrient-rich and are home to some of the best coffee, macadamia nut, and cut flower yields in Hawaii is a unique and genuine Hawaiian treasure. The subject farm is set at 500 ft above sea level with 160 inches of rain per year. The farm is surrounded by the south with several cash crop farms. Paniolo Palms has 75 Rows of fully grown trees ready for any type of project. It can be turned into a retail nursery, a wholesale nursery or kept it to produce for your landscaping projects. The nursery was started in 2005 allowing ample time to build up a large inventory of mature palms and bamboo. The size is 15 acres. The zoning is A-20a Agricultural District. The farm is on the Hamakua Coast and hosts a 1500 sq ft shade container, and 14 Acres of Mature field stock Palms and Bamboo. The value of Hawaii’s horticulture and nursery products is estimated at $84.3 million, with an average 9 percent yearly increase. The increase in sales is driven by ‘crops are grown undercover’, which. The largest component of the Hawaii horticulture and nursery industry, landscape plant materials, contributed 27 percent to the total sales. Cut flowers totaled $5.49 million, Cut and potted orchids were valued at $13.7 million, Lei flowers were estimated at $1.76 million, Foliage sales totaled $13.0 million. Landscape plant material was estimated at $23.0 million Bedding and garden plants wholesale value was at $1.96 million.

Essential Information

MLS® #633369
Price$2,249,000
Bathrooms0.00
Square Footage653,400
Acres15.00
Land TenureFee Simple
StatusActive
Assesed Value$58,700

Type

Business, Commercial, Vacant Land

Community Information

Address27-2760 Hawaii Belt Rd
SubdivisionOnomea Bay
StateHawaii
Zip Code96783

Amenities

ViewOcean Horizon, River, Sunrise

Exterior

Lot DescriptionGrassy, Wooded

Additional Information

Date ListedNovember 1st, 2019
Days on Market45
ZoningA-20A
HOA Fees0.00
Description Land TenureFee Simple

Listing Details

OfficeElite Pacific Properties LLC
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Listing information last updated on December 15th, 2019 at 10:10pm HST.