This Land Property is no longer advertised on LoopNet.com.

734-735 Kihapai Pl
Kailua, HI 96734
Kihapai Apartment Lots · Land For Sale · 0.56 AC

Investment Highlights

  • Sale includes construction drawings for a 42-unit residential condominium development
  • Archaeological studies completed and subsequently approved
  • Near proximity to the Kailua business district including numerous restaurants, retail, medical and office amenities
  • Large, level lot provides an excellent development opportunity
  • 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
  • High-demand for residential housing in Kailua supports a multifamily rental or condominium development

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.56 AC
Zoning A-2 - Medium-density Apartment

Description

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.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 1-4-3-058-065-0000
  • 1-4-3-058-066-0000
Land Assessment
$4,354,100
Improvements Assessment
$0
Total Assessment
$4,354,100
  • Listing ID: 28048204

  • Date on Market: 3/23/2023

  • Last Updated:

  • Address: 734-735 Kihapai Pl, Kailua, HI 96734

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}