The offering presents a unique opportunity to acquire the interest in a significant portion of Agricultural-1 (AG-1) zoned land at Kunia Loa Ridge Farmlands. This property, spanning 435,600 square feet, boasts an advantageous site, considerable size, and a prime location, making it highly appealing for farmers in the community.
Kunia Loa Ridge Farmlands (KLRF) stands out as an established cooperative (co-op) committed to nurturing agricultural growth. Through this cooperative endeavor, seasoned farmers have the opportunity to locally cultivate produce and align broader goals of community development and agricultural sustainability.
Sale includes 1) a proportionate share in the co-operative which owns the fee simple interest, and 2) a proprietary lot Lease for Lot 79 with approximately 88 years remaining (expires 7/18/2112), with a possible longer-term extension.
Current Monthly HOA Fees - $1,100 Association Fee, $200 Road Fee.
Water is billed separately per month per the usage.
Property tax is billed 2 times a year.