Queen Kaʻahumanu Highway Frontage FEE SIMPLE | 1 - 2 Acre Lots Available
Kailua-Kona, Big Island of Hawaii
Proposed rendering
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AʻA
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HIG
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KIMO DRIVE
KANALANI STREET
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INVESTMENT INFORMATIONInvestment Summary
Investment Highlights
Address: 74-4925 Queen Kaʻahumanu Highway Kailua-Kona, HI 96740
Tenure: Fee Simple
Land Area: 1.43 acres to 2.08 acres
Zoning: MCX-20
» Last remaining fee simple highway frontage lots for commercial use.
» Small lots suitable for vast array of businesses
» Water and electrical will be stubbed to the Property. Roads will be completed by park developer/seller. Build and open with 28,192 cars passing your business daily.
» Full signalized intersection off of Queen Ka`ahumanu Highway.
» This property qualifies for the benefits afforded to Opportunity Zone investments.
Kailua-Kona
Honokōhau Industrial Park
Kimo Drive
Kanalan
i St
Kaulaʻili Street
Quee
n Kaʻa
human
u Hwy
Lot J1.50 Acres
Lot N2.02 acres
Lot P1.62 acres
Lot Q
Lot K
Lot H
Lot L2.08 acres
Lot M1.43 acres
Fireart Cuisine
SUPER STORES
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Available Parcels
Address: 74-4925 Queen Kaʻahumanu Highway Kailua-Kona, HI 96740
Tenure: Fee Simple
Land Area: 1.43 acres to 2.08 acres
Zoning: MCX-20
PARCEL GROSS ACRES DESCRIPTION PRICE PSF ASKING
PRICE SIZE (SF)
1-J 1.50 Corner lot at North entrance intersection $45.00 $2,940,300 65,340
1-L 2.08 Signalized intersection North side $45.00 $4,077,216 90,605
1-M 1.43 Signalized intersection North side; Highway Front $50.00 $3,114,550 62,291
1-N 2.02 Signalized intersection South side $45.00 $3,959,604 87,991
1-P 1.62 Signalized intersection South side; Highway Front $50.00 $3,528,360 70,567
KIM
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KA
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LI
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RE
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Q U E E N K A ‘ A H U M A N U H W Y
K A N A L A N I S T R E E T
Lot N2.02 acres
Lot P1.62 acres
Lot J1.50 acres
Lot R
Lot H
Lot K
Lot Q
Lot L2.08 acres
Lot M1.43 acres
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PROPERTY HIGHLIGHTS
WELL-LOCATED SITE ALONG A MAJOR HIGHWAY
» Excellent frontage and visibility on Queen Kaʻahumanu Highway
» New signalized intersection (full turning movements) is operational at the entrance to Honokōhau Nui as well as a right in/ right out access at Kaula‘ili Street.
» Terraced land allows for visibility from the highway for upland parcels
» Prime Retail/Restaurant locations will give your business visibility and easy ingress/egress.
PROPERTY STATUS
» Entitlements, including water, have been secured
» Affordable housing requirements have been satisfied
» Several lots have been graded
Queen Kaʻahumanu Hwy
Kanalani Street
Lot N2.02 acres
Lot P1.62 acres
Lot J1.50 acres
Lot R
Lot H
Kaloko Honokōhau National Park
Lot K
Lot Q
Lot L2.08 acres
Lot M1.43 acres
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PROPERTY LOCATION
OPPORTUNITY ZONE
» This new business park is just South of the Kaloko Industrial Park and will have a connector road to Kanalani Street.
» This Business Park will benefit from the traffic in and out of the Costco and Home Depot area.
Mamalahoa Highway
Queen Ka`a
hum
anu
High
way
WaikoloaVillage
KAILUA-KONA
Hina Lani St
19
11
190
180
Kona Intl.Airport
KahaluuKeauhou
Alii Drive
Kekaha KaiState Park
Nanea Golf ClubNanea Golf Club
270
1
2
3
5
6
7
Mauna Kea Resort
4
Kaloko Honokōhau National Park
Kaloko Honokōhau National Park
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The program allows investors to utilize incentives including capital gains tax breaks by investing in a designated opportunity zone. Some ways investors benefit from Opportunity Zone Development:
EXEMPTION
Any capital gains on investment made through the Opportunity Fund accrue tax-free as long as the investor holds them for at least 10 years
TEMPORARY DEFERRAL
An investor can defer capital gains taxes until 2026 by putting/keeping unrealized gains in an Opportunity Fund.
REDUCTION
Original amount of capital gains on which an investor has to pay is reduced by 10% if the Opportunity Fund is held for 5 years, and 15% if held for at least 7 years.
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CONTACT USDEBBIE PARMLEY (B) CCIM808 987 [email protected]
MIKE PERKINS (S)808 223 [email protected]
MARK D. BRATTON (R) CCIM808 523 [email protected]
COLLIERS INTERNATIONAL - HAWAII220 S. King Street, Ste 1800
Honolulu, Hawaii 96813808 524 2666
www.colliers.com/hawaii
*Bratton Realty Advisers, Ltd. Exclusively contracted to Colliers International HI, LLC This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019. All rights reserved.
Queen
Kaʻah
uman
u Hwy
Kaulaʻili Street
Kanalani St
Lot J1.50 Acres
Lot N2.02 acres
Lot P1.62 acres
Lot L2.08 acres
Lot M1.43 acres
Kimo Drive
Lot R
Lot H
Lot K
Lot Q
Kaloko Honokōhau National Park