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- LoopNet Team
140 Kahala Pl
Kula, HI 96790
Mixed Use, Owner User, Income Property, Kula · Land For Sale
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3.42 AC
Investment Highlights
- Supports extreme flexibility from rental income, farm income and future executive home.
- Ocean views
- 17 minutes from the airport and major shopping destinations, minutes from shopping.
- Perfect for Agricultural Technology Business
- Privacy on a private rd on a 4 parcel Cul-de-sac subdivision
- Property enjoys mature fruit trees. 6 variety of Avocado, Mango, Dragon Eye, Mulberry, Banana, Royal and Coconut Palms and gardens
Property Facts
| Property Type | Land | Proposed Use | |
| Property Subtype | Commercial | Total Lot Size | 3.42 AC |
| Zoning | AG - Wide range of residential and agricultural uses including Agg-tec Commercial growing and processing | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.42 AC |
| Zoning | AG - Wide range of residential and agricultural uses including Agg-tec Commercial growing and processing |
Description
The property is in the lower Kula belt of Maui’s most desirable climate. It has been in agricultural use for 50 years and has a rare 1 1/2 inch water meter and has generated substantial farm income of over $500K per year (CPI adjusted) in the past and has possible advantages for future development. An Agricultural Technology and R&D company could greatly benefit from the existing infrastructure and 1 ½ inch water meter. Any future development in that area will be supported by excellent existing rental income.
