Kahelu Ave - Kahelu Business Park 1.1 - 2.94 Acre Industrial Land Lots Offered at $4,058,050 - $8,444,736 Per Lot in Mililani, HI 96789

Lot-17 represents a rare opportunity to acquire fee simple industrial land in Central Oahu, where available inventory remains extremely limited. The project, known as Kahelu Business Park, consist of 10 CPR (Condominium Property Regime) units plus common elements. CPR unit lot sizes range from approximately 1 acre to 3+ acres. This flexible development allows for a range of users, from small to mid-sized owner-users to larger industrial operators.
The 10 CPR units located within Kahelu Business Park (Mililani Technology Park) are zoned IMX-1, permitting a wide variety of uses including warehouse, light industrial, contractor yards, distribution, and supporting office space. Users will have the ability to design and construct improvements tailored to their operational needs, offering a strong alternative to leasing in a market with rising occupancy costs.
Mililani Technology Park is known for its campus like feel, with heavy landscaping and wide setbacks. However, Lot 17's unique location within the Mililani Technology Park and its development as a CPR project allows for building footprints, landscaping, and setbacks on each CPR unit that are generally comparable with what could otherwise be built per standard LUO IMX-1 zoning guidelines. The result is that users can maximize functional development capacity while enjoying the benefits of being part of a well-planned and cohesive business park environment.
From a location standpoint, Kahelu Business Park benefits from its strategic location in Central Oahu with immediate access to the H-2 Freeway, providing efficient connectivity to H-1 Freeway, Honolulu’s urban core, and the rapidly growing Kapolei industrial region. This central location is ideal for businesses requiring island-wide distribution and access to a strong labor pool.
Key advantages include:
Fee simple ownership (no ground lease)
Flexible CPR unit sizes (±1 to 3+ acres)
IMX-1 zoning with broad industrial use allowances
Ability to build-to-suit for owner-user requirements
Comparable development capacity to standard LUO zoning
Central Oahu location with strong freeway access
Limited competing industrial land inventory on Oahu
This offering presents an opportunity to secure long-term control of industrial real estate in a supply-constrained market, with flexibility to develop immediately or hold for future appreciation.
For additional information, including site plans, zoning analysis, and unit configuration, please contact the listing agent.