Kelly H. Moran
hilobrokers@gmail.com
(808) 938-5757
Hilo Brokers Ltd

Opihikao Rd
$550,000
Price:
$550,000
Bedrooms:
0
Bathrooms:
Not Available
MLS:
(ACTIVE) 654349
Interior Area:
Not Available
Price/sqft:
$inf
Year Built:
Not Available
Lot Size:
21.17 acre(s)
Land Tenure:
Fee Simple
Property Type:
Multiple Property Types
On Market:
Oct 16, 2021
Updated:
Nov 09, 2021
Foreclosure:

Listing Remarks

Turnkey, income producing, professionally managed, organic Ginger and turmeric farm on 20 acres of fee simple land. In operation for over 25 years, the consulting/training will be provided for a smooth transition of ownership and operations. Located about 25 miles from Hilo, the business has 6 acres planted in turmeric and galangal over 2 sites with plenty of room to expand.

The low elevation and close proximity to the coastline with higher temperatures and insolation (solar radiation received) makes for high yields from crops. The 20 acres could be planted with turmeric, ginger or even other crops like Cacao.

Also included in the purchase is a 5 acres leasehold land parcel (TMK 3-1-5-116-44) in Pahoa with a 2" county water line and several ag structures, where the products are processed. .

This professionally managed and operational business has a website with 1000 customer list is included. This business is the first to supply for market trusted ginger seeds - which has created a strong demand and sales across the US.

Included in sale is a wide array of quality stainless equipment to wash, process, and dry ginger and turmeric.
It also includes a commercial equipment line to produce growing mixes to grow the ginger and turmeric in. This is a possible potential lucrative sideline business of ready to grow mixes.

An International flatbed truck and Moffett forklift are included to move material to wash location (Pahoa). A tractor is also included, and 7000 boxes are included for packing and shipping.

There is a crop planted in ground at the moment, which will reach maturity in January that is available purchase separately.

Property Location

Public Reports

Other Details

Address: Opihikao Rd , Kamaili 96778
Lat/Long: 19.42758662 | -154.9260661
Taxkey: 3130021150000
Lot Number: A
Property Type: Multiple Property Types
Full Baths:
Three Quarter Baths:
Half Baths:
Quarter Baths:
Land Area:
Oceanfront Parcel: N
Pool: N
Annual Tax: $1,505
Assessed Value: $161,100
Assessment Year: 2021
Zoning: A-10A
Assessed Land Value: $63,500
Annual Tax (Year): 2015
Garage Area: 0 sqft
Lot Description:
  • Other(remarks)
Roads:
  • County
Topography:
  • Fairly Level
Sewage:
  • None