Special offer

Farm ready AGRI-CONDO's For Sale on O‘ahu's North Shore!

By
Real Estate Agent with HI Pro Realty LLC RB-21531 RS-76763

Ohana Farm Parcels - lots, which range in size from 10.01 acres to 18.37 acres, hit the market in late April with prices from $75,000 per acre to $110,000 per acre. Previous post on Agricultural Condos

 

Ohana Farm Parcels is an Agricultural Condominium Property Regime located close to the Dole Plantation Visitor Center on land zoned only for agriculture use. The agri-condo has 35 farm-ready units ranging in size from 10.01 acres to 18.37 acres offered Fee Simple to the public. Ohana Farm Parcels are situated at about 1000 feet above sea level just above Haleiwa Town with views of the North Shore beaches and ocean. A number of parcels could be certified as organic, however not all.

 

Helemano Ranch & Farms, LLC ("HRF"), the developer of the Ohana Farm Parcels, is a project of Aloun Farms, one of Oahu's largest vegetable growers. Aloun Farms is owned and operated by the Sou family who have been farming in the area for 40 years. Condo units have been graded and tilled with access to common use irrigation. The land has previously produced fruits and vegetables for Aloun Farms, where the produce was distributed to market throughout Hawaii. Aloun Farms has additional plans to add a processing center to the condo to help facilitate the distribution of produce from the site.

 

 

 

 

 

 

 

 

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HI Pro Realty LLC

REALTORS®, PROPERTY MANAGERS® 

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Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

This concept seems like it will be popular with many investors looking to 'park' their money and generate income. Wondering what the annual fees are for these agri-condo parcels?

Jun 16, 2017 06:42 AM
Kimo Stowell
HI Pro Realty LLC RB-21531 - Honolulu, HI
REALTOR Associate® RS-76763 - Honolulu Hawai'i

Aloha Sandy Padula and Norm Padula, JD, GRI NMLS#1483386, I'm not sure what the fees would be but unless you are actively farming the property or leasing it to someone who would, I'm not sure "parking" your money would be the best use of your investment dollar in this situation but who knows, ones financial adviser might see an opportunity to diversify. Mahalo for the visit!

Jun 16, 2017 01:03 PM