Listing Agency: Colliers - Honolulu, Hawaii

Listed By: William (Bill) Froelich JD SIOR CCIM · License #HI RB-21658

Source: Crexi

Added: Dec 12, 2023 Changed: Aug 8 Last Checked: Aug 20 at 6:44PM

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Investment Insights

Based on property information with market context.

This is a generational opportunity to purchase 1.97 acres of fee simple land zoned I-3. The level and secure raw land parcel fronts Nimitz Highway in Iwilei, Hawaii. It is located directly across the street from Lowes and near some of Costco and Home Depot’s busiest locations in North America. The property is intended for industrial and commercial real estate use.

Key Highlights

• 1.97 acres of fee simple land
• I‑3 Zoned Land
• Fronting Nimitz Highway

Property Analytics

Property Profile

Current Use

Industrial land

Location Intelligence

Demographics for 96817, HI

56,823

Population

21,489

Households

2.6

Avg Household Size

46

Median Age

30%

College-Educated

84%

High-School Grad

9.3 sq mi

ZIP Area

6,110

Density / Sq Mi

$74,690

Median Household Income

$42,492

Median Earnings

$1,419

Median Rent

$930,000

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial land - 1.97 acres of I-3 zoned land on Nimitz Highway.

Where is this industrial land located?

The property is located at 855 N Nimitz Hwy Honolulu, HI.

What are key features of this property?

This property features: 1.97 acres of fee simple land; I‑3 Zoned Land; Fronting Nimitz Highway