available punaluu for sale (fs) agricultura l …...punaluu agricultural properties sale price:...
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For more information, contact:
Andres Albano, Jr. (B)+1 808 541 [email protected] www.cbre.com/andres.albano
1003 Bishop Street . Suite 1800 . Honolulu, HI 96813 | T +1 808 5211200 | F +1 800 5415155
Dana M. Peiterson (B)+1 808 541 [email protected] www.cbre.com/dana.peiterson
PUNALUUAGRICULTURAL PROPERTIES53-374B Kamehameha Highway, Hauula, Hawaii 96717
A V A I L A B L E F O R S A L E ( F S )
INVESTMENT OPPORTUNITY
PROPERTY DETAILSPunaluu Agricultural Properties
Sale Price: $2,200,000
Property OverviewPrimarily unimproved, farmable lands under lease to five individual farmers on annual leases.
The Punaluu agricultural land portfolio consists of five (5) parcels totaling just over 51 acres. The properties are ideal for the farming of orchard crops such as mangos, bananas, lychees and papayas; row crops such as tomatoes, peppers, asparagus and other leafy green vegetables; and ranching activities. Access is available from Kamehameha Highway, and the water for farming and ranching is available from Kamehameha Schools and the City and County Board of Water Supply. It may be possible to construct five (5) farm dwelling units and two (2) single-family dwelling units on the properties. There are currently a total of five (5) different tenants leasing the lands on annual renewable leases.
Property Description
Address: 53-374B Kamehameha Highway Hauula, Hawaii 96717
TMK: (1) 5-3-05:07, 12, 25, 26, 53
Size: Total of approximately 51.08 acres
State Land Use Classification: Agricultural; Urban
City & County of Honolulu Zoning: (1) 5-3-05:07 AG-2 and R-5 (1) 5-3-05:12 AG-2 (1) 5-3-05:25 AG-2 (1) 5-3-05:26 AG-2 (1) 5-3-05:53 R-5
Allowable Dwelling Units: (1) 5-3-05:07 2 farm dwellings & 1 single family residence (1) 5-3-05:12 1 farm dwelling (1) 5-3-05:25 1 farm dwelling (1) 5-3-05:26 1 farm dwelling (1) 5-3-05:53 1 single family residence
Tenure: Fee Simple
Sewers: No public or private sewer system
Water: From Kamehameha Schools and Honolulu Board of Water Supply
Tax Map
Bishop Square
PUNALUU AGRICULTURAL PROPERTIES
Map Of The Properties
For more information, contact:
1003 Bishop Street . Suite 1800 . Honolulu, HI 96813 | T +1 808 5211200 | F +1 808 5415155
PUNALUU AGRICULTURAL PROPERTIES
AA:RMP_10.30.15
© 2015 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates
used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction
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www.cbre.com/hawaii
Andres Albano, Jr. (B)+1 808 541 [email protected] www.cbre.com/andres.albano
2015 Estimated Demographics 1 miles 3 miles 5 miles 10 miles
2015 ESTIMATED POPULATION 252 3,360 7,574 51,178
2020 PROJECTED POPULATION 252 3,368 7,624 53,521
2015 ESTIMATED HOUSEHOLDS 84 1,140 2,106 13,888
2020 PROJECTED HOUSEHOLDS 84 1,143 2,119 14,532
53-374B Kamehameha Highway, Hauula, HI 96717
OAHU
Dana M. Peiterson (B)+1 808 541 [email protected] www.cbre.com/dana.peiterson