(Papaikou)

• Asking Price: $480,000
• Land: 33.10 acre
• Zoning: A-20A
• Time Listed for Sale: 99 days
• Property Taxes: $ 139 / month
• Tenure: Leasehold ?
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This is a leasehold property. Rare opportunity to acquire a Kamehameha Schools Ag Ground lease plus inventory on a 33.1 acre orchard located along Hawaii Island's verdant Hamakua coast, only about 7 miles from Hilo Airport. This actively farmed and productive orchard includes over 1,000 Longan and 227 Lychee trees established within the last 7 years, plus 28 Mangosteen trees planted more recently. Lease Term extends through April 30, 2037.
Please note, the 33.1 acres included in​ this lease are a ​portion of TMK (3) 2-7-002-002.
For more details, including Tree Inventory and Crop Yield, Income, and Projections, see full property report dated June 1, 2024 attached to this listing.
Transfer of lease subject to Kamehameha Schools approval.
Listing agent must be present for all showings.