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Queen Ka'ahumanu Highway - Honokohau Nui

140.74 Acres of Industrial Land in Kailua Kona, HI 96740

Investment Highlights

  • Entitlement process has been completed / All entitlement have been secured, including water
  • Substantial in place income from aggregate royalties and rental agreements totaling over $1,000,000 annually
  • Well located along a major highway at a full signalized intersection
  • Phase 1 roads and off-site improvements completed
  • Limited new construction on similar product types due to the finite amount of land properly zoned for industrial developments

Executive Summary

Cushman and Wakefield ChaneyBrooks is pleased to present the opportunity to acquire the fee simple interest in a portion of Honokohau Nui, a mixed-use industrial / commercial development project with existing income, located in Kailua-Kona, Island of Hawaii. The property includes 4 TMKs and is zoned Industrial-Commercial Mixed Use (MCX-20) and General Industrial (MG-1A), allowing for an extensive
range of commercial and industrial uses. Currently generating substantial income through Industrial Outside Storage (IOS) rentals and an aggregate royalty agreement, Honokohau Nui may be the last remaining contiguous industrial / commercial development site of this size in the Kailua-Kona market.

Property Facts

Sale Type Investment Proposed Use
Commercial
  • Industrial
No. Lots 1 Total Lot Size 140.74 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype Industrial
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
Total Lot Size 140.74 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Lot Size 140.74 AC
Lot Size 140.74 AC

The 141-acres within the Honokohau Nui development, offers prime potential for industrial or commercial use on the east side of the development.

Description

For more information please visit:

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Queen Ka'ahumanu Highway, Kailua Kona, HI - aerial map view

zoning

Zoning Code MCX-20, MG-1a (MCX-20 - Industrial-Commercial Mixed MG-1a - General Industrial)
MCX-20, MG-1a (MCX-20 - Industrial-Commercial Mixed MG-1a - General Industrial)
(858) 334-4026

  • Listing ID: 29502312

  • Date on Market: 12/09/2023

  • Last Updated:

  • Address: Queen Ka'ahumanu Highway, Kailua Kona, HI 96740

The Land Property at Queen Ka'ahumanu Highway, Kailua Kona, HI 96740 is currently available For Sale. Contact Cushman & Wakefield for more information.

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Matthew Davis

(858) 334-4026

(858) 334-4026

Anthony Provenzano

(808) 387-3444

(808) 387-3444

Melanie Haynes

(760) 431-3848

(760) 431-3848

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