109 Waiko Rd Wailuku, HI 96793
- Industrial properties
- 8.55 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 109 Waiko Rd
- Year built
- 1989
- Lot size
- 8.55 lot acres
- Zone code
- AGR
- Property type
- Industrial properties
- APN
- 3-8-007-105
- APU
- 38007105
Description
This exceptional 8.55-acre industrial property in Wailuku, Maui, presents a unique investment opportunity. The land, comprised of seven individual lots, boasts a successful conversion from Agricultural to M-1 Light Industrial zoning. This allows for a wide range of industrial uses, subject to specific zoning regulations. A significant portion (2.8 acres) fronts East Waiko Road, offering excellent visibility and accessibility. The remaining acreage allows for M-1 Light Industrial uses, excluding those permitted in B-1, B-2, or B-3 zoning districts, and excluding apartment houses. Importantly, dwelling units are permitted above or below the first floor of any approved use. Infrastructure is already in place, with water, electrical, and telephone services stubbed to each of the seven lots. The property is further enhanced by the completion of crucial documentation, including the Condominium Declaration, Condo Map, Bylaws, and an Archeological Preservation plan. This comprehensive preparation streamlines the development process and minimizes potential delays. This property offers significant potential for developers and investors seeking a well-positioned industrial site on Maui. The detailed zoning regulations should be independently verified.
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
- Wailuku
- County
- Maui
- State
- Hawaii
- Longitude
- -156.495
- Latitude
- 20.8525
- CBSA code
- 27980
- CBSA name
- KAHULUI-WAILUKU, HI MICROPOLITAN STATISTICAL AREA
