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Queen Kaʻahumanu Highway Frontage FEE SIMPLE | 1 - 2 Acre Lots Available Kailua-Kona, Big Island of Hawaii Proposed rendering QUEEN KAʻAHUMANU HIGHWAY KIMO DRIVE KANALANI STREET
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Proposed rendering...aula ʻ eet a ʻ ahumanu Hwy Lot J 1.50 Acres Lot N 2.02 acres Lot P 1.62 acres Lot Q Lot K Lot H Lot L 2.08 acres Lot M 1.43 acres Fireart Cuisine SUPER STORES

May 14, 2021

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Page 1: Proposed rendering...aula ʻ eet a ʻ ahumanu Hwy Lot J 1.50 Acres Lot N 2.02 acres Lot P 1.62 acres Lot Q Lot K Lot H Lot L 2.08 acres Lot M 1.43 acres Fireart Cuisine SUPER STORES

Queen Kaʻahumanu Highway Frontage FEE SIMPLE | 1 - 2 Acre Lots Available

Kailua-Kona, Big Island of Hawaii

Proposed rendering

QU

EE

N K

AʻA

HU

MA

NU

HIG

HW

AY

KIMO DRIVE

KANALANI STREET

Page 2: Proposed rendering...aula ʻ eet a ʻ ahumanu Hwy Lot J 1.50 Acres Lot N 2.02 acres Lot P 1.62 acres Lot Q Lot K Lot H Lot L 2.08 acres Lot M 1.43 acres Fireart Cuisine SUPER STORES

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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

Page 3: Proposed rendering...aula ʻ eet a ʻ ahumanu Hwy Lot J 1.50 Acres Lot N 2.02 acres Lot P 1.62 acres Lot Q Lot K Lot H Lot L 2.08 acres Lot M 1.43 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

O D

RIV

E

KA

UL

A‘ I

LI

ST

RE

ET

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

Page 4: Proposed rendering...aula ʻ eet a ʻ ahumanu Hwy Lot J 1.50 Acres Lot N 2.02 acres Lot P 1.62 acres Lot Q Lot K Lot H Lot L 2.08 acres Lot M 1.43 acres Fireart Cuisine SUPER STORES

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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

Page 5: Proposed rendering...aula ʻ eet a ʻ ahumanu Hwy Lot J 1.50 Acres Lot N 2.02 acres Lot P 1.62 acres Lot Q Lot K Lot H Lot L 2.08 acres Lot M 1.43 acres Fireart Cuisine SUPER STORES

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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

��

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.

Page 6: Proposed rendering...aula ʻ eet a ʻ ahumanu Hwy Lot J 1.50 Acres Lot N 2.02 acres Lot P 1.62 acres Lot Q Lot K Lot H Lot L 2.08 acres Lot M 1.43 acres Fireart Cuisine SUPER STORES

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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