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Bruner Rd, Captain Cook, HI 96726
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$175,000
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Home Details for Bruner Rd
Price
$175,000
Type
Lots/Land
Tax
$278.63
MLS®️ Listing#
716124
On exitrealty.com
152 days
Property Description
This is a leasehold property.
This is your opportunity to farm in verdant Honaunau. This property has soil and before being planted in coffee, was a tomato and vegetable farm. Its higher elevation boasts the cloud-cover that naturally shades the Kona Coffee crop, and makes big juicy cherry.
There is no provision in the lease for a dwelling.
A new 35 year Productive Agricultural Lease that was Issued 5/12/2023.
It has the advantage of having all of its Lease Rents fixed for the term of the lease There are modest step ups every 5 years. Additional 3.5% of gross income that exceeds base lease rent.
A copy of the lease is attached as an addendum (paper clip icon)
This is your opportunity to farm in verdant Honaunau. This property has soil and before being planted in coffee, was a tomato and vegetable farm. Its higher elevation boasts the cloud-cover that naturally shades the Kona Coffee crop, and makes big juicy cherry.
There is no provision in the lease for a dwelling.
A new 35 year Productive Agricultural Lease that was Issued 5/12/2023.
It has the advantage of having all of its Lease Rents fixed for the term of the lease There are modest step ups every 5 years. Additional 3.5% of gross income that exceeds base lease rent.
A copy of the lease is attached as an addendum (paper clip icon)
- Water Features
- Cistern
- Utilities
- Phone Available
Listing Courtesy: A Real Estate Concern of Hawaii Inc. - 8089871817. Presented by: Arnold Rabin
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Market statistics compiled from data from Hawaii MLS.
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EXIT REALTY ISLAND LIVING
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$175,000
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EXIT REALTY ISLAND LIVING
58 Kinoole St. Suite 101, Hilo, HI 96720