Start Tracking your home's value today!
Income producing, professionally managed, mature Macadamia Nut with Lychee, Mangosteen and Longan orchards on 121.05 acres of fee simple land. The low elevation, close proximity to the coastline with higher temperatures and insolation (solar radiation received) makes for high yields from tropical fruit and nut orchards. Property has a well in place and the lychee are being irrigated.
This 121 acre orchard, priced at $2,100,000, is located about 10 miles from Hilo. It consists of about 67 acres planted in macadamias (close to 4700 trees), about 22 acres planted in tropical fruit ( 370+ lychee, 90 longan and 300 mangosteen trees) and about 32 acres of undeveloped land.
Buyer to assume the nut purchase and farming contract on the Macadamia Nut orchards. Currently the lychee are being farmed and harvested by third parties contracted by the owner. These contracts are on a season to season basis and new owner may choose to enter into other arrangements including farming and marketing themselves.
Tree crops are considered an improvement and may be depreciated for tax purposes on shorter schedules than buildings. Some owners have used depreciation schedule of 5 to 15 for calculation of net taxable income. Prospective purchaser should discuss with a tax attorney or CPA who has expertise in orchard ownership accounting and tax law when considering the purchase of a producing orchard.
1 Macadamia Nut Road Keaau 96749 is listed Courtesy of Joel La Pinta Realty
This Vacant Land at 1 Macadamia Nut Road Keaau 96749 Located in Keaau MLS 607713 has been listed on LocationsHawaii.com for 410 days and has been priced at $2,100,000
Create a list of your favorite properties, hide unwanted listings, and get alerts when new listings come on market.
Access the most up-to-date and comprehensive market information to help you make smarter and more strategic decisions.
An agent is hand-selected to guide you with all of your real estate needs, every step of the way.
Congratulations, you have access to Hawaii's most comprehensive Real Estate Search! Before you continue, please help us better serve you by answering these optional questions.
This email is already registered. Click the button below and we'll send you a link to reset your password.
You have already registered using your FB account.
Check your inbox for an email from firstname.lastname@example.org. It contains a link to reset your password.
The agent who gave you access to this website is no longer with Locations LLC.
Due to local MLS regulations, you will need to re-register if you would like to continue your access.
We will pre-fill the registration form with information in our files. Once you click Register you can either select a new agent or one will be assigned for you.
Sorry for the inconvenience, Locations LLC.
Please contact your agent for access to LocationsHawaii.com.
Request an appointment to view this property by completing the information below. Please note your appointment is not confirmed until an agent calls you.
Disclaimer: The properties we may show you may be Locations LLC listings or listings of other brokerage firms. Professional protocol requires agent to set up an appointment with the listings agent to show a property. Locations, LLC may only show properties marked "Active" and "ACS".
Keep your eye on this property! Save this listing and receive e-mail updates if the status of the property changes.
Share this property by completing the the form below. Your friend will receive an e-mail from you with a link to view the details of this property.