Strategic Industrial Property with Exclusive Water Rights, Renewable Energy & Entitlement Advantages – $16,250,000

An exceptional and irreplaceable offering in Keaau, Hawai‘i: two contiguous parcels totaling 8.17 acres, featuring entitled industrial land, on-site renewable energy infrastructure, secure access to groundwater from the Mauna Loa Aquifer, and over 22,000 square feet of existing improvements including 1200 PV Panels on the adjacent condo lot . This is a rare opportunity to acquire a fully positioned industrial asset in one of Hawai‘i Island’s most important industrial corridors.

Secure, Permitted Water Rights — Non-Reproducible and Strategically Valuable

At the core of this property is a fully permitted private well sourcing water from the Mauna Loa Aquifer — a clean, high-recharge aquifer recognized as one of Hawai‘i’s most reliable. With new well permits rarely being issued for similar use, this legally entitled access represents a rare and secure resource that cannot be replicated under current regulations.

The well is permitted to serve both parcels, with up to 50% of its capacity transferable between them. Water use remains within sustainable and regulated limits and opens the door to a range of permitted on-site uses. Permitted water access supports a wide variety of value-added or self- reliant uses, including:

· Craft beverage production (kombucha, cold brew, sparkling water, teas)

· Brewing or distilling operations

· Agri-tourism concepts such as a beer garden or tasting room (subject to permitting)

· Resilient, on-site food and beverage manufacturing

· Excellent foundation for off-grid or semi-autonomous operations

Self-Reliant Infrastructure: Water, Energy, and Land Control

In an era where supply security and resource independence are critical, this property offers a powerful combination of water access, clean energy, and entitled land use:

· Private, permitted well with sustainable groundwater access

· 300 KW solar photovoltaic system with Power Purchase Agreement (10 years remaining)

· Two parcels with complementary zoning for operational flexibility

· 2.8 acres of undeveloped land — zoned and permitted for immediate expansion

· Over 22,000 square feet of existing improvements — secured and usable now

· Infrastructure ideal for manufacturing, agriculture, food systems, or secure storage This site offers immediate usability for operators and long-term security for those seeking resilient asset positioning, redundancy, or operational independence.

Entitlement & Infrastructure Advantages That Save Years of Development Time

The property includes a Special Use Permit (SUP) allowing for industrial operations on agriculturally zoned land — a process that typically

takes approximately 24 months+ to obtain in Hawai‘i. Timelines for SUPs are unique from those for Building Permits, which carry their own time estimates. This eliminates significant entitlement risk and delay.

The 22,078 square feet of existing improvements further reduce time and cost for deployment — avoiding lengthy permitting, construction, and inspection timelines.

Parcel 1: 7.03 Acres | Zoned A-5a | With Special Use Permit

· 22,078 SF of existing industrial improvements

· 2.8 acres of undeveloped land ready for expansion

· Legally permitted well drawing from the Mauna Loa Aquifer

· Special Use Permit in place for industrial operations

·

Parcel 2: 1.141 Acres | Zoned MG-20

· 300 KW solar photovoltaic system

· Power Purchase Agreement (PPA) with approximately 10 years remaining

· Permitted to receive up to 50% of the water from Parcel 1’s well

· Flexible zoning for clean energy, beverage, or manufacturing uses

Key Investment Highlights

· List Price: $16,250,000

· Permitted, private water access — irreplaceable under current regulations

· Special Use Permit saves approximately 2 years of entitlement time (separate from building permit time)

· 22,078 SF of existing improvements — ready to use

· Renewable energy infrastructure with ongoing income

· Expansion potential on 2.8 acres of entitled land

· Strategic Keaau location near Hilo, port, and airport — but outside high-density zones

Valuation Perspective

The property's estimated replacement and entitlement-adjusted value is

$16M–$17.5M, based on:

The conservative appraisal does not reflect premiums for:

· Entitlement and construction already completed

· Regulatory scarcity of permitted wells

· Renewable energy infrastructure

· Expansion-ready land

This offering combines essential resources — water, energy, land, and infrastructure — in a fully entitled format. It is ideal for mission-aligned users seeking long-term operational security, resilience, and strategic presence on Hawai‘i Island.