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98-083 Kamehameha Hwy
Aiea, HI 96701

$2,100,000 USD

Land For Sale  •  0.48 AC

Property Details

  • Property Type Land
  • Lot Size 0.48 AC
  • Zoning I-2
0 Transit Score
72 Walk Score

Description

The property presents an excellent opportunity to develop a brand-new waterfront flagship or headquarter location. The 21,039 SF site is located 1 block from Honolulu’s future Rail Transit Pearlridge Station (currently under construction). The asset falls within the Transit Oriented Development (“TOD”) Special District which allows for extra density. Current I-2 zoning allows for a 60-foot height limit and maximum density of 52,597 SF. This offering is ideal for both investors, developers and owner-users.
This offering has never been available for sale and has been passed down for several generations by the original owner. The seller has successfully up-zoned the property to business-industrial which has significantly expanded the types of uses permitted on-site.

Highlights

Rare waterfront property within the TOD Special District
Adjacent to the future Pearlridge Rail Station (currently under construction) to add more regional and urban Honolulu accessibility
The bike path and historic trails immediately fronting the property will be improved as part of the rail development thereby enhancing the appeal of t
Near Pearlridge Center, Hawaii’s largest indoor shopping mall
Fee simple owner-user opportunity
Ideal major restaurant location with ocean views

Property Flyers

Public Transportation

Transit/SubwayDriveWalkDistance
Kalauao Pearlridge Station (SKYLINE - DTS) 1 min 3 min 0.2 mi
AirportDriveWalkDistance
Daniel K Inouye International 9 min - 5.4 mi
Rick Manayan 808-544-1600 Cushman & Wakefield | Chaney Brooks
Rick Manayan 808-544-1600 Cushman & Wakefield | Chaney Brooks