2965 Ala Napuaa Place

DEVELOPMENT OPPORTUNITY | $4,300,000 2965 ALA NAPUAA PLACE · SALT LAKE, HAWAII 96818

I NDU S TRI A L GROU P HAWA I I

P R O P E R T Y

Asking Price

$4,300,000

Address

2965 Ala Napuaa Place Honolulu, HI 96818

TMK

1-1-1-61-3

Tenure

Fee Simple

Zoning All artist’s or architectural renderings, sketches, graphic materials, prices, plans, specifications, terms, conditions, statements, features, dimensions, amenities, existing or future views and photos depicted or otherwise described herein are proposed and conceptual only, and are based upon preliminary development plans, which are subject to withdrawal, revisions and other changes, without notice, as provided in the marketing materials.

They should not be relied upon as representations, express or implied. All improvements, designs and construction are subject to first obtaining the appropriate federal, state and local permits and approvals for same.

P R O P E R T Y

D E S C R I P T I O N

Your chance to acquire and develop an un-improved, vacant and rarely available apartment zoned parcel in the Heart of Salt Lake. Owner has completed all due diligence of the property which consists of Phase I environmental report, ALTA Survey, TOPO Survey and Geotechnical reports. This site is primed and ready for development. Located in neighborhood that has not had a new development since 2008. Take advantage of the shortage of supply, strong demand for apartment rentals and excellent location.

H I G H L I G H T S

A-2 (Medium-Density Apartment)

Land Area

21,461 Square Feet

Property Type

Apartment Zoned Developable Land

Height Limit

150 Feet

Flood Zone

X Beyond 500 Year Flood Plain

©2020-2021 Commercial Asset Advisors. All information contained herein is obtained from sources deemed reliable. However, no representations or guarantees are made as to the accuracy thereof, and it is provided herein subject to errors, omissions, changes and withdrawals without notice. Offeror and/or his agent should confirm this information prior to making any offer. Buyer agrees that all negotiation shall be conducted through CAA only. No subagency is offered or intended.

IN DUS TRIAL GROUP HAWAII

POPULATION

249,433 5

M I L E S

HONOLULU COUNTRY CLUB

120,163 3

M I L E S

MOANALUA HIGH SCHOOL

25,738 1

M I L E

2965 ALA NAPUAA PLACE

DRIVE TIME MAPUNAPUNA

NAVY HOUSING

11

11

10

M I N U T E S

M I N U T E S

M I N U T E S

to Downtown Central Bus. Dist.

to Daniel K Inouye Airport

to Aloha Stadium

I NDUST RI A L G ROUP HAWA I I

JAY K. ELICKER (B) CCIM, SIOR Senior Vice President ∙ RB 21204 ∙ 808-218-8318 ∙ jelicker@caahawaii.com CAAHAWAII.COM

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745 FORT STREET, SUITE 1420

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HONOLULU, HI 96813

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808.564.3300

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@WHEREHAWAIIWORKS