Listed by Colliers - Honolulu, Hawaii
$3,500,498
Maui Business Park Lot 36-H
Details
Property Type Land
Sub Type Commercial
Acreage 1.960
Land | 1.96 acres
Marketing description
Alexander & Baldwin is pleased to offer 81 fee simple lots and 22 condominium units (approximately 1/2 acre and larger) for sale within the Maui Business Park (“MBP”). MBP’s M-1 (light industrial) zoning allows for warehousing, distribution, light manufacturing as well as retail and office uses, while its placement within Kahului’s Opportunity Zone offers tax deferral incentives.
Maui Business Park is situated near the Kahului Harbor and Kahului Airport, with immediate and easy access to all parts of the island.
This offering consists of three areas, the North Project (29 lots), the South Project (52 parcels) and the Ho`okele Condominiums (22 units). Construction of the infrastructure has been completed with all improvements in place.
The State’s new Airport Access Road bisects Maui Business Park beginning at Puunene Avenue and terminating at the Airport, which will drive Maui’s approximate 2 million annual visitors through the project. Maui Business Park is developed by Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B), the only publicly traded real estate investment trust to focus exclusively on Hawaii commercial real estate. Over its 150-year history, A&B has evolved with the state’s economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries. Learn more about A&B at www.alexanderbaldwin.com.
Investment highlights
- Sf 85,378
- Long term ground leases available
- Underground utilities
- Dual private water system – potable and non-potable (irrigation)
- County sewer service
- Major arterial road connecting Hana HWY to Ho’okele Street with a signalized intersection
- Master planned business park
- Design and landscape guidelines
- Maintenance of common areas
Listing Contacts
Listed by Colliers - Honolulu, Hawaii
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Name
License
Is there information that looks off?
