248 Piliwale Rd, Kula, HI 96790
This exceptional 4.5-acre property in Kula, Maui County, Hawaii (zip code 96790), presents a unique investment opportunity. Located at 248 Piliwale Rd, this fee simple land boasts stunning ocean and mountain views, ideal for a variety of uses. Currently zoned for agriculture, the property includes two homes, perfect for owners or caretakers. Multiple accessory buildings and several irrigated greenhouses are also present, equipped with state-of-the-art features. Recent upgrades include advanced Fohse 06i grow lights, automated irrigation and fertilization systems, a custom ventilation and cooling system, new pollen screens, and a CAT backup generator with a substantial 2500-gallon triple-wall diesel gas tank. The electrical system has also been updated. This property has a proven track record as a successful nursery and licensed hemp farm, offering a turnkey operation for a discerning buyer seeking a sustainable and potentially lucrative venture in the desirable Kula upcountry climate. The asking price is $4,490,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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