734-735 Kihapai Pl - Residential LAND FOR SALE
Kailua, HI 96734 |
734-735 Kihapai Pl
Kailua, HI 96734
HIGHLIGHTS
- Sale includes construction drawings for a 42-unit residential condominium development
- Large, level lot provides an excellent development opportunity
- Archaeological studies completed and subsequently approved
- Extremely supply constrained submarket with A-2 zoned land in this size almost never available and this being the last undeveloped parcel of this size
- Near proximity to the Kailua business district including numerous restaurants, retail, medical and office amenities
- High-demand for residential housing in Kailua supports a multifamily rental or condominium development
OVERVIEW
The property’s level site, size, and great location make it an excellent development opportunity for market rate residential condominiums in a submarket with tremendous demand. This is the last undeveloped A-2 zoned parcel of this size in Kailua and is priced below recent comparable sales making it a great opportunity for a developer.
FOR SALE DETAILS
PRICE
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# OF LOTS
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LAND DETAILS
PROPERTY NAME
Kihapai Apartment Lots
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Residential
LAND PROPOSED USE
Multi-Family, Apartment Units
LAND ACRES
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LAND SF
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OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
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APN/PARCEL ID
1-4-3-058-065-0000,1-4-3-058-066-0000
