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Lee Sockwell

Realtor, RS-81763

  • Office (808)769-5111
  • Cell (808)315-5665
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27-2760 Hawaii Belt Rd, PEPEEKEO, Hawaii – $2,249,000

  • $2.2M Price
  • 653,400 Sqft
  • 15 Acres
  • 214 DOM
  • $2.2M Price
  • 653,400 Sqft
  • 15 Acres
  • 214 DOM

27-2760 Hawaii Belt Rd

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
  • TypeBusiness, Commercial, Land
  • StatusActive

Community Information

  • Address27-2760 Hawaii Belt Rd
  • SubdivisionOnomea Bay
  • CityPEPEEKEO
  • DistrictSouth Hilo
  • StateHawaii
  • Zip Code96783

Amenities

  • ViewOcean Horizon, River, Sunrise

Exterior

  • Lot DescriptionGrassy, Wooded

Additional Information

  • Date ListedNovember 1st, 2019
  • Days on Market214
  • ZoningA-20A

Listing Details

  • OfficeElite Pacific Properties LLC
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Elite Pacific Properties LLC.

IDX is deemed reliable but is not guaranteed accurate by the Hawaii Information Service, Inc. Listing Service. © 2020 Hawaii Information Service. All Rights Reserved.

Listing information last updated on June 1st, 2020 at 10:10pm HST.