Listed by Colliers - Honolulu, Hawaii
$13,500,000
Coconut Plantation Village
Details
APN (4) 4-3-7:27
Property Type Land
Sub Type Commercial
Acreage 11.780
Zoning RR-20 - Resort District
Parking Spaces 399 spaces
Land | 11.78 acres
Investment highlights
- Prime Beach Location - One of the few remaining beachfront parcels available on Hawaii, offering direct beach access
- Entitlements in Perpetuity - Entitlements were legally affirmed to be in perpetuity.
- Scalable, Phased Project - The development can be built in phases that provides flexibility to developers
- Resort-Style Amenities - The project will feature resort-style amenities designed to attract guests and residents looking for a high-end Hawaiian lifestyle.
- High Barriers to Entry - Beachfront land is in short supply and critical entitlements have already been secured in perpetuity. It is very difficult for new projects to break into this market - helping preserve the property's long-term value and one of a kind status.
- Strategic Centralized Location - The property has beach access, is within walking distance to shops, restaurants and grocery stores. Near major attractions like Lydgate Beach Park, Wailua Golf Course and the Wailua River/Fern Grotto as well as in close proximity to both the North Shore and South Shore making it an ideal location.
- Large beachfront acreage located in the resort district on Kauai
- One ingress/egress driveway off of Kuhio Highway on Aleka Loop
- Year round beautiful weather with average lows in the high 60's and the average high in the mid to high 70's
- Level site
- Service amenities, including grocery, drug stores and restaurants within walking distance
- Apartment hotel complex with 192 condotel rooms and 6 hotel rooms
- Zoning allows for 391 hotel rooms, but that would require additional entitlement work and may be subject to additional affordable requirements
- Shoreline management agreement (SMA) in place399 parking spaces planned
- A cultural preserve area with 12 allocated parking stalls for visitors
- Timeshare or condotel operations permitted
- Water is in-place and available
- Sewer is in-place and available
- Archaeological report has been completed
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
Similar Properties
Is there information that looks off?
