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MLS: 202212303 (Active - For Sale)
 
Asking Price: $8,000,000 FS - Fee Simple
Type: Land
District: Central
Address: 95-025 + 0000 Kamehameha Highway, Mililani, HI
Neighborhood: Mililani Area
Land Area: 7.47 Acres
View: Other
Days on Market: 663
(The Price of the property was lowered by $1,000,000 on 01/26/2023)
Year Built: 0
Zoning: 05 - R-5 Residential District
Land Recorded: Land Court
Property Taxes: $825
Assessed Value: $1,513,800
Assessed Ratio: 528.47%
Listing Courtesy: List Sotheby's Int'l Realty
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All Land For Sale in Mililani Area


Exceptional Investment Opportunity in a Prime Location - Witness the unparalleled potential of this property, evidenced by a remarkable record of 48 units pre-sold in just a single day. This high-demand development, still requiring some grading work, is poised for success. It features plans for an attached Accessory Dwelling Unit (ADU), significantly boosting its versatility. Designed to captivate a broad market, the property boasts substantial interior space complete with 2 kitchens. Situated in a prime spot, the land is advantaged by a DOT-approved ingress, negating the need for a stoplight and offering increased accessibility. Furthermore, not being part of the Mililani Association, it promises greater development freedom and flexibility. With preliminary approvals for key utilities like water, electricity, and sewer systems, and with ready access to topographical maps and plans, this project is set for a swift commencement.The seller's openness to considering financing options only adds to the allure of this investment opportunity. Seize the chance to develop in this exceptionally rare and sought-after location. Act now to be a part of this lucrative venture.


 
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Copyright: 2015 by the HiCentral MLS, Ltd.
 
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