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Listed by Obsidian Real Estate LLC
$ 5,750,000
Est. payment | /mo
$ 5,750,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Mccully
MLS Listing ID 202513084
HOA Y/N No
Annual Tax Amount $119,832
Property Sub-Type Land
Property Description
Motivated Seller! Bring your hotel, condo, retail strip center, or Bill 7 developer to look at this gem of a lot, located on Kapiolani Blvd. in the Ala Moana TOD zone, with FAR up to 10 (base FAR 3.5), allowing for an affordable development (double the allowable for Bill 7 with fewer restrictions). 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 for employment, occupancy, and ADRs. 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—buyer to conduct its due diligence.
Location
State HI
County Oahu
Area Metro
Interior
Fireplace No
Exterior
Exterior Feature Other
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Sewer Connected
View Y/N Yes
View City, Garden, Mountain(s), Ocean
Present Use Commercial,Residential,Service Business,Single Family
Building
Lot Description Cleared, Level
Sewer Connected
Schools
Elementary Schools Lunalilo
Middle Schools Washington
High Schools Mckinley
Others
Tax ID 1-2-3-032-006-0000
Special Listing Condition None
