Makaha - 40,000 sf. R-5 Zoned Lot w/Single Family House

Level Lot Ready-to-Build!

LOCATION: 84-788 Farrington Hwy., Makaha, HI 96792 TMK: (1)-8- 4-016-008

LAND AREA: Approximately 40,000 sf fee simple zoned R-5 residential (not Country zoning)

IMPROVEMENTS: Five bedroom, 3 bath house currently rented. Some improvements  don’t match tax records. Buyer is advised to engage an architect to determine potential for subdivision or CPR or any other development potential.

2010 TAX ASSESSMENT:
Land: $498,800
Bldg.  $176,800
Total: $675,600

PRICE: $750,000

COMMENTS: Large  R-5 zoned lot rarely available on the highway minutes from Makaha Beach Park. Great value. Flat developable lot. Dogs on the property. Do not disturb tenants. Seller may elect to do a 1031 Exchange. Sold in “As-Is” condition.

FOR INFORMATION CONTACT:

Ronald Y.K. Lee (B)
I2C Realty, Ltd.
Tel: 808-386-0953
e-mail: aloharon@hawaii.rr.com

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The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty, or representation about it. Buyer to confirm and consult with their tax, financial, architectural, engineering, and legal advisors and conduct its independent due diligence studies. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. No subagency allowed.