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SOLD
MLS: 622778
 
Asking Price: $650,000 Fee Simple
Sold Price: $500,000
Sold Date: 06/08/2020
Type: Land
District: Puna
Street: 17-1010 Volcano Rd
Neighborhood: Olaa Reservation Lots
Style: Vacant
Land Area: 35 Acres
Days on Market: 1964
Zoning: A-20A
Roads: Major Thoroughfare,Paved,State
Property Taxes: $2,657
Assessed Value: $284,200
Assessed Ratio: 228.71%
Listing Courtesy: Clark Realty Corp. - Hilo Orchid Isle
Terms Acceptable: Cash,Construction Loan,Conventional
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Prime Highway Frontage Property

A fabulous opportunity for the buyer wanting to jump start an agricultural business. This phenomenal property has 35 acres. It has prime highway frontage and County water. On this property you will find a building that was used as a packing area/orchid cloning space. It can easily undergo a change of use to become a home for someone. It consists of 2,464 sf per the permits. It has a kitchenette area, side rooms that could become bedrooms and a toilet and shower area.

Then come the greenhouses. This property has a 43,200 sf greenhouse. It needs work, the roof material needs replacing, but the structure is there for almost an acre of greenhouse. But wait, there is more. There is another separate greenhouse consisting of 23,040 sf. This is just over a half acre of greenhouse. The permits are open on this, but there is a contractor exemption attached as an addendum to the listing. This fabulous structure has rolling tables, and so much cement and foundation work. Restored with new plastic, it will be unbelievable.

There are several catchment tanks to supplement the County water.

Directions: Volcano Highway across from Hilo Coffee Mill


 
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