14.8 acre development parcel...data source: hicentral mls sale price, median sales, number of sales...

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AVAILABLE 14.8 ACRE DEVELOPMENT PARCEL 91-1425 MIULA STREET | EWA BEACH HONOLULU, HI 96706 www.cbre.us/hawaii PROPERTY INFORMATION CBRE-Hawaii is pleased to offer a fee-simple 14.8 acre West Oahu development parcel in the rapidly expanding Ewa Beach community, in close proximity to the City of Kapolei. The property has close access to Fort Weaver Road and Kapolei Parkway with schools and shopping centers nearby. PROPERTY HIGHLIGHTS + Address: 91-1425 Miula Street Ewa Beach, Hawaii + Sale Price: $7,400,000 ($11.49 per square foot) + TMK: (1) 9-1-126-020 + Land Area: 14.790 Acres + Zoning: A-1 CONTACT US NORBERT M. BUELSING Senior Vice President +1 808 478 4939 [email protected] Lic. RB-14812 PETER N. GROSSMAN Senior Vice President +1 808 282 0086 [email protected] Lic. RS-68843 JIE MING XIE Associate +1 808 277 0435 [email protected] Lic. RS-73904 LIC. RB-20142

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Page 1: 14.8 ACRE DEVELOPMENT PARCEL...Data Source: Hicentral MLS Sale Price, Median Sales, Number of SALES COUNT SALES PRICE. 91-1425 MIULA STREET EWA BEACH HONOLULU, HI 96706 AERIAL VIEW

AVAILABLE

14.8 ACRE DEVELOPMENT PARCEL91-1425 MIULA STREET | EWA BEACH HONOLULU, HI 96706

www.cbre.us/hawaii

PROPERTY INFORMATION

CBRE-Hawaii is pleased to offer a fee-simple 14.8 acre West Oahu development parcel in the rapidly expanding Ewa Beach community, in close proximity to the City of Kapolei. The property has close access to Fort Weaver Road and Kapolei Parkway with schools and shopping centers nearby.

PROPERTY HIGHLIGHTS + Address: 91-1425 Miula Street Ewa Beach, Hawaii

+ Sale Price: $7,400,000 ($11.49 per square foot)

+ TMK: (1) 9-1-126-020

+ Land Area: 14.790 Acres

+ Zoning: A-1

CONTACT US

NORBERT M. BUELSINGSenior Vice President+1 808 478 [email protected]. RB-14812

PETER N. GROSSMANSenior Vice President+1 808 282 0086 [email protected]. RS-68843

JIE MING XIE Associate+1 808 277 [email protected]. RS-73904

LIC. RB-20142

Page 2: 14.8 ACRE DEVELOPMENT PARCEL...Data Source: Hicentral MLS Sale Price, Median Sales, Number of SALES COUNT SALES PRICE. 91-1425 MIULA STREET EWA BEACH HONOLULU, HI 96706 AERIAL VIEW

FOR SALEEWA BEACH DEVELOPMENT PARCEL

FEATURES

STRENGTHS + Utilities are available

+ Large, level lot

+ Multiple access points

+ Part of Renton Villages Special District

+ Median home prices in Ewa Beach increased an average of 8.2% annually during the past years

+ Close to grocery & drug stores, schools and hospital

+ Two miles from Ka Makana Ali’i regional mall

+ Close to H-1 Access

OPPORTUNITIES

+ Ability to secure large fee-simple land parcel in a rapidly expanding area having a high housing demand for both single family, townhome and apartment product.

HOUSING STATISTICS

CURRENT/PROJECTED HOUSEHOLD INCOME 1-MILE 3-MILE 5-MILE

2017 AVERAGE HOUSEHOLD INCOME $96,503 $105,227 $105,465

2022 AVERAGE HOUSEHOLD INCOME $108,364 $119,086 $118,913

2017 MEDIAN HOUSEHOLD INCOME $80,663 $90,200 $90,292

2022 MEDIAN HOUSEHOLD INCOME $85,827 $99,907 $100,038

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HISTORIC SINGLE FAMILY HOMECOUNT AND SALES TRANSACTIONS

EWA BEACH, HAWAII 96706

Sale Price, Median Sales, Number ofData Source: Hicentral MLS

SALES COUNT SALES PRICE

Page 3: 14.8 ACRE DEVELOPMENT PARCEL...Data Source: Hicentral MLS Sale Price, Median Sales, Number of SALES COUNT SALES PRICE. 91-1425 MIULA STREET EWA BEACH HONOLULU, HI 96706 AERIAL VIEW

91-1425 MIULA STREETEWA BEACH HONOLULU, HI 96706

AERIAL VIEW

SITE MAP

SUBJECT PROPERTY

Page 4: 14.8 ACRE DEVELOPMENT PARCEL...Data Source: Hicentral MLS Sale Price, Median Sales, Number of SALES COUNT SALES PRICE. 91-1425 MIULA STREET EWA BEACH HONOLULU, HI 96706 AERIAL VIEW

www.cbre.us/hawaii

FOR SALEEWA BEACH DEVELOPMENT PARCEL

91-1425 MIULA STREETEWA BEACH HONOLULU, HI 96706

# Taxkey Address Land Area Acres Zoning Sale Price Price/SF Sale Date Owner

1 1-9-1-16-210 91 FORT BARRETT RD 888,668 20 BMX-3 $11,197,211 $12.60 12/15/2011 JAMES CAMPBELL COMPANY LLC

2 1-9-1-69-24 GEIGER RD 985,284 23 A-1 $9,952,360 $10.10 12/19/2012 GENTRY

3 1-9-1-69-43 GEIGER RD 526,771 12 A-1 $5,393,478 $10.24 11/29/2012 GENTRY

4 1-9-1-148-10 4850 KAPOLEI PARKWAY 837,136 19 BMX-3 $8,790,393 $10.50 6/18/2010 KAPOLEI PROPERTY DEV LLC

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COMPARABLE SALES

© 2017 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. NBPG:KOB_Miulastreet_10.23.17

SUBJECT PROPERTY

LIC. RB-20142