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98-083 Kamehameha Hwy 0.48 Acres of Commercial Land Offered at $2,929,920 CAD in Aiea, HI 96701
INVESTMENT HIGHLIGHTS
- Rare waterfront property within the TOD Special District
- The bike path and historic trails immediately fronting the property will be improved as part of the rail development thereby enhancing the appeal of t
- Fee simple owner-user opportunity
- Adjacent to the future Pearlridge Rail Station (currently under construction) to add more regional and urban Honolulu accessibility
- Near Pearlridge Center, Hawaii’s largest indoor shopping mall
- Ideal major restaurant location with ocean views
PROPERTY FACTS
| Price | $2,929,920 CAD | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.48 AC |
| Zoning | BMX-3 - Industrial | ||
| Price | $2,929,920 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.48 AC |
| Zoning | BMX-3 - Industrial |
1 LOT AVAILABLE
Lot
| Price | $2,929,920 CAD | Lot Size | 0.48 AC |
| Price Per AC | $6,066,225.17 CAD |
| Price | $2,929,920 CAD |
| Price Per AC | $6,066,225.17 CAD |
| Lot Size | 0.48 AC |
DESCRIPTION
The property presents an excellent opportunity to develop a brand-new waterfront flagship or headquarter location. The 21,039 SF site is located 1 block from Honolulu’s future Rail Transit Pearlridge Station (currently under construction). The asset falls within the Transit Oriented Development (“TOD”) Special District which allows for extra density. Current I-2 zoning allows for a 60-foot height limit and maximum density of 52,597 SF. This offering is ideal for both investors, developers and owner-users. This offering has never been available for sale and has been passed down for several generations by the original owner. The seller has successfully up-zoned the property to business-industrial which has significantly expanded the types of uses permitted on-site.
PROPERTY TAXES
| Parcel Number | 1-9-8-009-001-0000 | Improvements Assessment | $3,230 CAD |
| Land Assessment | $868,731 CAD | Total Assessment | $871,961 CAD |
PROPERTY TAXES
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98-083 Kamehameha Hwy
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