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 5190 [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 5189 [email protected] www.cbre.com/dana.peiterson PUNALUU AGRICULTURAL PROPERTIES 53-374B Kamehameha Highway, Hauula, Hawaii 96717 AVAILABLE FOR SALE (FS) INVESTMENT OPPORTUNITY

Transcript of AVAILABLE PUNALUU FOR SALE (FS) AGRICULTURA L …...Punaluu Agricultural Properties Sale Price:...

Page 1: AVAILABLE PUNALUU FOR SALE (FS) AGRICULTURA L …...Punaluu Agricultural Properties Sale Price: $2,200,000 Property Overview Primarily unimproved, farmable lands under lease to five

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

Page 2: AVAILABLE PUNALUU FOR SALE (FS) AGRICULTURA L …...Punaluu Agricultural Properties Sale Price: $2,200,000 Property Overview Primarily unimproved, farmable lands under lease to five

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

Page 3: AVAILABLE PUNALUU FOR SALE (FS) AGRICULTURA L …...Punaluu Agricultural Properties Sale Price: $2,200,000 Property Overview Primarily unimproved, farmable lands under lease to five

Bishop Square

PUNALUU AGRICULTURAL PROPERTIES

Map Of The Properties

Page 4: AVAILABLE PUNALUU FOR SALE (FS) AGRICULTURA L …...Punaluu Agricultural Properties Sale Price: $2,200,000 Property Overview Primarily unimproved, farmable lands under lease to five

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

the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are

service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

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