213-613-3223
16-700 Milo St, Keaau, HI for Sale
Commercial LAND - FOR SALE
1/7
104,544 SF

16-700 Milo St
Keaau, HI 96749


HIGHLIGHTS

  • Situated in Kea'au, One of East Hawai'i's Fastest-Growing Residential Areas, Providing Exposure to Steady Population Growth and Housing Development
  • Located ~10 Miles from Downtown Hilo, the Island's Primary Commercial and Employment Hub
  • Hawai'i's Zoning Regulations, Environmental Constraints, and Availability of Land Sites Restrict New Supply, Enhancing Asset Defensibility
  • East Hawai'i continues to see Net In-Migration from Residents Priced Out of More Expensive Island Submarkets

OVERVIEW

MORE INFO / VIEW OFFERING MEMORANDUM: https://selfstorageadvisory.com/properties/great-american-storage-development-site/ CBRE's Self Storage Advisory Group is retained as the exclusive listing advisor for Great American Storage - Hilo, a self-storage development that will consist of 704 units distributed across 85,225 net rentable square feet of ground level drive-up and interior climate-controlled storage space. The development is located in Kea'au, (a suburb of Hilo) and situated on Kea'au-Pahoa Bypass Road (24,330 VPD traffic count) in an area that has strong income with a household income average of $107,955 within a 5-mile radius. Kea?au, Hawai'i is a fast-growing community in Puna on the Island of Hawai'i that is increasingly positioned as an affordable residential and workforce hub supporting East Hawai'i’s expanding economy. The local economic base is driven primarily by construction, agriculture, retail and personal services, and proximity to Hilo, the island’s main commercial and employment center. Nearby University of Hawai'i at Hilo, located roughly 10 miles away, enrolls approximately 2,800 students and serves as a key regional employer and innovation anchor for East Hawai'i. Looking ahead, Kea'au’s growth outlook is supported by continued residential development, infrastructure investment, and regional port improvements, positioning the community to capture population growth, construction-related employment, and spillover demand from Hilo’s healthcare, education, and logistics sectors as East Hawai'i continues to expand. Local Licensee Matt Bittick HI Lic. RB-19143

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Great American Storage Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Self-Storage

LAND ACRES

2.4 AC

LAND SF

104,544 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

MCX-20

APN/PARCEL ID

3-1-6-152-002-0000

ASK ABOUT THIS PROPERTY

Nicholas WalkerCBRE, Inc.More Info
213-613-3223

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Nicholas WalkerCBRE, Inc.More Info
213-613-3223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.