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1830 Kapiolani Blvd - Commercial/Residential Development Land 0.52 Acres of Commercial Land Offered at $5,750,000 in Honolulu, HI 96826
Investment Highlights
- Vetted for development
- Priced to Sell
- Chick-fil-A moving in across the street
- Within an Opportunity Zone
Executive Summary
Property Facts
| Price | $5,750,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.52 AC |
| Property Type | Land | ||
| Zoning | BMX-3 | ||
| Price | $5,750,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.52 AC |
| Zoning | BMX-3 |
1 Lot Available
Lot
| Price | $5,750,000 | Lot Size | 0.52 AC |
| Price Per AC | $11,124,008.51 |
| Price | $5,750,000 |
| Price Per AC | $11,124,008.51 |
| Lot Size | 0.52 AC |
Paved, fenced, and vacant level lot within the Ala Moana TOD zone.
Description
The Property is a level lot, prominently situated on the east corner of Kapiolani Boulevard and Kalakaua Avenue, figuratively referred to as the “gateway to Waikiki.” The Property is strategically located within a Transit-Oriented Development (“TOD”) zone, across the street from the Hawaii Convention Center, a nearby driver of occupancy, average daily rates (ADR), and employment. It is a 10-minute walk to Ala Moana Center, the world’s largest open-air mall with 340 shops and over 2.4 million SF of retail space. At $1,400 per square foot in sales, it consistently ranks among the Top 10 U.S. shopping centers. The Property is a 5-minute Uber ride to the heart of Waikiki, known for its world-famous beaches, dining, and nightlife.
Property Taxes
| Parcel Number | 1-2-3-032-006-0000 | Improvements Assessment | $0 |
| Land Assessment | $7,248,200 | Total Assessment | $7,248,200 |
Property Taxes
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1830 Kapiolani Blvd - Commercial/Residential Development Land
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