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109 Waiko Rd 8.55 Acres of Commercial Land Offered at $13,099,835 CAD in Wailuku, HI 96793

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INVESTMENT HIGHLIGHTS

  • Archeological Preservation Plans completed and ready for development.
  • Electric, Water and Telephone have been subbed in to each of the 7 lots.
  • Property is sub-divided into 7 lots with Bylaws and Declarations already established.
  • All SEVEN Parcels are for sale.

EXECUTIVE SUMMARY

Outstanding conversion from Agricultural District to M-1 Light Industrial. Any use permitted in the M-1 Light Industrial District, excluding apartment houses, shall be permitted on 2.8 acres fronting East Waiko Road. For the remainder of the subject property, any use permitted in the M-1 Light Industrial District, excluding uses permitted in the B-1 Neighborhood Business District, B-2 Community Business District, or B-3 Central Business District, and excluding apartment houses, shall be permitted, except that dwelling units may be located above or below the first floor of a permitted use. Water, Electrical and Telephone subbed to each of the 7 lots. Condominium Declaration, Condo Map, Bylaws, and Archeological Preservation plan are completed. Please email agent for all questions.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER AC (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per AC $9.99
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $99,999
Annual Per AC $9.99
Net Operating Income (CAD)
Annual -
Annual Per AC -

PROPERTY FACTS

Price $13,099,835 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Industrial
Total Lot Size 8.55 AC
Zoning M-1 - M-1 Lt Industrial

1 LOT AVAILABLE

Lot 1-7

Price $13,099,835 CAD
Price Per AC $1,532,144.41 CAD
Lot Size 8.55 AC

PRICE REDUCED, call for CURRENT INDIVIDUAL Pricing. Lot 1 - $1,800,000.00 Lot 2 - $1,600,000.00 Lot 3 - $1,255,000.00 Lot 4 - $1,295,000.00 Lot 5 - $1,195,000.00 Lot 6 - $1,250,000.00 Lot 7 - $1,295,000.00

DESCRIPTION

M-1 Light Industrial. Any use permitted in the M-1 Light Industrial District, excluding apartment houses, shall be permitted on 2.8 acres fronting East Waiko Road. For the remainder of the subject property, any use permitted in the M-1 Light Industrial District, excluding uses permitted in the B-1 Neighborhood Business District, B-2 Community Business District, or B-3 Central Business District, and excluding apartment houses, shall be permitted, except that dwelling units may be located above or below the first floor of a permitted use.(currently 2 of the lots are leased on MTM)

  • Listing ID: 33527200

  • Date on Market: 2024-10-15

  • Last Updated:

  • Address: 109 Waiko Rd, Wailuku, HI 96793

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