Queen Ka'ahumanu Hwy Kailua-Kona, HI 96740
- Land
- 145.54 lot acres
Current Use by Public Records
- Land
Property Details for 0 Queen Ka'ahumanu Hwy
- Lot size
- 145.54 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 145.537-acre commercial and industrial land parcel, located in Kailua-Kona, Hawaii, presents a unique investment opportunity. Situated on Queen Ka'ahumanu Highway at a fully signalized intersection, this property boasts a prime location with convenient access. The land is comprised of four tax map keys (TMKs): 3-7-4-8: 100, 3-7-4-8: 85, 3-7-4-8: 13, and 3-7-4-8: 79, and is zoned MCX-20 and MG-1A, allowing for a wide array of commercial and industrial uses. Currently generating over $1,000,000 in annual income from existing aggregate royalties and rental agreements, this property offers substantial in-place cash flow. All necessary entitlements, including water, have been secured. The property's location within an Opportunity Zone provides additional investment incentives. Further subdivision of the approximately 141-acre site is possible upon infrastructure completion. This may be the last remaining contiguous commercial/industrial development site of this size in the Kailua-Kona market, making it a truly exceptional investment prospect. The property's strategic location and flexible zoning make it ideal for a variety of development projects. Detailed information, including an offering memorandum and due diligence materials, is available. The zip code is 96740.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kailua-Kona
- County
- Hawaii
- State
- Hawaii
- Longitude
- -155.969
- Latitude
- 19.815
