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Honoka`a, Hawai`i - Land

- Honokaa, Hawaii

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Description

The property is offered in 5 Tracts.  Bidders may bid for a single tract or any combination of tracts or the entirety.

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 LOCATION: The property is located near the community of Honokaa on the north-east side of the Island of Hawaii in the district of Hamakua and is located north of the community of Honokaa, a small “plantation town,” with a population of approximately 2,258 (2010 census) with all public services and schools. Honokaa has schools, a post office, police and fire stations, a hospital and shopping area. The main employment is orchards (macadamia nuts), ranching centered in Honokaa and tourist related employment centered in the Waikoloa resort area, 35 miles west. There are retail shops, restaurants and visitor attractions in the Honokaa area providing some tourist retailed jobs but the majority of tourism is located in the Waikoloa/Mauna Lani resort area of the Island.

 

Why Buy This Property

OPPORTUNITIES FOR ASTUTE BUYERS: If you are seeking a large land opportunity with a diversity of options this is it. Twenty acres is zone either MG1-A which is scarce on Hawai`i. Twenty-eight acres is zone agricultural A-40A or RS-15.

LOCATION: The property is located in the historic plantation community of Honoka’a along the Hamakua Coast along the north east shore of the Island of Hawaii. The area is rural in nature but represents one of the primary communities along the Hamakua Coast between Hilo and Waimea. The property is located 1,000 feet from the Pacific Ocean, 54 miles from Kailua-Kona and 43 miles from Hilo.

CONVENIENT ACCESS: Public road access to the property is via Haina Camp Road. Additional access is provided over Kia Manu Road (Haina section), Kia Manu Road (Standard Oil Road section), or Nanaina Kai Road (Pa`ahuhau Road), all of which are easements over private property.

HISTORIC HAINA MILL: The Historic Haina Sugar Mill was located on this site and operated from 1868 until the final harvest in 1994, after which the sugar mill closed permanently.

INTERNATIONAL AIR TRANSPORTATION: Travel to Ellison Onizuka Kona International Airport (KOA) in Kona to the west or Hilo International Airport (ITO) in Hilo to the east. Most visitors arrive in Kona. There is also the option of flying into Honolulu International Airport (HNL) on Oahu first and then taking a short, 35-40 minute flight to the island of Hawaii. Getting to the island of Hawaii is easier than ever with daily direct flights into Kona International Airport. Major air carriers from the U.S. and Canada fly directly into Kona. Most of the direct flights are from the U.S. West Coast — Los Angeles, San Jose, San Francisco, Oakland, Portland, Seattle, and Anchorage — plus Denver and Phoenix, and seasonally from Vancouver. Some seasonal carriers also make the trip with charters and there is also a direct flight from Los Angeles into Hilo. Because the island is so big, consider arriving on one side of the island and departing from the other. For example, you might fly into Kona, exploring that side of the island awhile, then driving to the Hilo side (roughly 2 hrs, 30 min) and exploring for a while longer before flying out from the Hilo Airport, or vice-versa. (Be sure to ask car rental companies about drop off charges).

COMMUNITY SERVICES: Community services include police and fire protection, Hale Ho’ala and Honoka’a Hospital are located to the north. Schools include Honoka’a Elementary and Honoka’a High & Intermediate School. Public facilities include the Honoka’a Rodeo Arena, Honoka’a Country Club, and Golf Course, Honoka’a Swimming Pool, and Haina Park.

Property Location

Auction / Date / Time

Sealed Bid Auction
November 05, 2020 2:00 P.M. Hawaii Time

Property Video

Offering Strategy

MINIMUM BID AUCTION - These properties will be sold subject to the Minimum Bids and the Terms of Sale. This is a sealed bid auction event. Bidders may bid for a single tract, any combination of tracts or the entirety.  Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet and wire-transferred funds to the Title Company listed in the Purchase and Sale Contract advance of bidding. See Bidder's Information Packet for more details.

Inspection Dates

This vacant land is available for viewing at your convenience. Inspection of the land is at your own risk. Seller nor seller's agent takes responsibility for any injury which may occur while inspecting the property. Please call 312.278.0600 Extension 101 in advance of any inspection so that we may alert security that you will be on site. 

Inspection dates for the single-family home are on October 10, 17, 24, 31.  The times are 10:00 a.m.  

On these dates representatives of the auction company will provide tours of the properties and be available to answer questions.  Please call (312) 278-0600 extension 101 to schedule your inspection.  

Registration and an acceptable form of government-issued photo identification are required by all persons attending any and all property viewings.

Auction Location

Sealed Bid Auction- This is a sealed bid auction event. Bidders will have the opportunity to bid for individual tracts, combinations of tracts and, the entirety.  Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet is required to bid. Bidders are required to submit a wire-transferred auction deposit to the Title Company listed in the Purchase and Sale Contract and fill in and sign the auction Purchase and Sale Contract in order to bid. See Bidder's Information Packet for more details.

Bids are to be delivered to Fine & Company LLC via email to and info@fineandcompany.comon or before 2:00 p.m. Hawaii Time on November 5, 2020. Bidding instructions are contained in Bidder's Information Packet. The Terms of Sale and the Purchase and Sale Contract are important for you to review and understand.  Should you have any questions, please contact Fine & Company at 312.278-0600 extension 101.

Bids received after the bid deadline will not be eligible for consideration and will be returned to the sender.

Details

Certified Funds To Bid : See Offering Memorandum or Bidder's Information Packet

Buyer's Premium (Buyer's Fee) : 10% of the bid price

In Cooperation With : Ed Torrison, Hilo Bay Realty, LLC

Order Bidder's Information Packet

A Bidder's Information Packet is required to bid. The packet includes auction and property information, title reports, environmental report, surveys, real estate tax bills, local information, auction purchase and sale agreement, auction deposit agreement and, terms of sale.



Bidder's Information Packets are available in PDF format for $30.00. To order your Packet click on the link below and download the Bidder's Information Packet Order Form or call us at 312.278.0600 ext. 101 or email us at info@FineAndCompany.com

Haina-Bid-Packet-Order-Form

Contact Us

  Fine & Company LLC
  Michael A.Fine, CCIM, CAI, AARE
  Illinois, United States
  312-278-0600
  michael@fineandcompany.com

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Additional Information

Other Information

Broker Participation : Buyer's Agent participation is invited!
A 2% referral fee will be paid to th REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale. Seller has provided a variable commission rate.

Licensing : Fine & Company LLC, Licensed Illinois Broker

Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet. 

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.

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