66-1330 Lalamilo Farm Rd
$8,500,000
Price:
$8,500,000
Bedrooms:
18
Bathrooms:
8
MLS:
(ACTIVE) 620317
Interior Area:
7,800 sqft
Price/sqft:
$1,090
Year Built:
1965
Lot Size:
16.96 acre(s)
Land Tenure:
Fee Simple
Property Type:
Multiple Property Types
On Market:
Aug 03, 2018
Updated:
Sep 19, 2018
Foreclosure:

Listing Remarks

A rare opportunity to purchase a major farm in the State renowned for its production, location and state of the art operation. Kawamata Farms, converted over twenty years ago to a hydroponic operation utilizing the most advanced technology for growing, sorting and packing for distribution to their markets, is one of the highest yields in the State. This highly profitable business has potential for growth as well as for the addition of ancillary businesses for future generations. Located in the upcountry growing community of Kamuela, home of Parker Ranch, Astronomy, two private schools, and North Hawaii Community Hospital the farm provides many of the leading restaurants and markets across the State with their annual supply of tomatoes. The farm currently has 250,000 square feet of greenhouse improvements with expansion possibilities for even greater yield potential or diversification. Additional improvements include 59KW Photovoltaic System, large storage facility, chemical storage and mixing room, office, large walk-in refrigeration rooms and six farm dwellings for employees. A thriving business with a well-established clientele, Kawamata Farms sits on over 16 acres of dedicated AG-5 zoned property. In addition, the farm facility includes: a 12,000 sq ft maintenance shop, a 7000 sq ft storage for packing supplies, a 12,000 sq ft storage for growing supplies, a 6000 sq ft office and packing area, and 1,150 sq ft of refrigeration coolers within the packing area. Located in Waimea’s ideal climate with lots of sunlight with moderate temperatures and lower humidity. It has fertile soil for field growing, and fairly cool nights with trade winds, which are conducive to producing high quality crops. The farm has both County water and a State provided and maintained ag water system for low cost irrigation water along with vacuum cooling and refrigeration facilities. With easy access to town, it is a convenient dispatch to both shipping ports by air or water.

Property Location

Public Reports

Other Details

Address: 66-1330 Lalamilo Farm Rd , Lalamilo Farm Lots 96743
Lat/Long: 20.01361 | -155.6838
Taxkey: 3660050220000
Lot Number: 4
Property Type: Multiple Property Types
Bedrooms: 18
Total Baths: 8
Full Baths: 8
Living Area: 7,800 sqft
Land Area: 16.96 acre(s)
Oceanfront Parcel: N
Pool: N
Annual Tax: $12,047
Assessed Value: $1,288,500
Assessment Year: 2018
Zoning: A-5A
Assessed Land Value: $89,700
Assessed Improvements Value: $1,038,300
Annual Tax (Year): 2015
Garage Area: 0 sqft
Car Storage:
  • Detached
Appliances:
    None
  • Refrigerator
  • Range/Oven
Floor Covering:
  • Carpet
  • Laminate
  • Hardwood
Roads:
  • Paved
Unit Description:
  • Ground Unit
  • ,
  • Single Level
Washer/Dryer:
  • Dryer
  • Washer
Sewage:
  • Cesspool
The View:
  • Mountain